Bookkeeping

BK

The purpose of this bookkeeping course is to give students a solid foundation in each of the different bookkeeping functions. The course covers the entire accounting cycle from the issuing of source documents right through to the determination of the business’ tax liability. The bookkeeping course will explore the following important bookkeeping topics:  VAT regulations and calculations, cash and credit journals, general ledger entries, trial balance, year-end adjustments, annual preparation of the business income statement and balance sheet, salaries and wages and business income tax calculations.

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Monthly InstalmentR455 x 24 monthsDebit OrderRequest Agent To Call Me
  • Describe and explain basic bookkeeping concepts, security and organisational ethics
  • Conduct Value Added Tax (VAT) transactions
  • Record cash and credit transitions in books of first entry (Journals)
  • Demonstrate an ability to manage debtors and creditors
  • Explain the reconciliation process, and demonstrating the ability to compile an initial trial balance
  • Prepare relevant documents for the payment of salaries, wages and PAYE
  • Demonstrate insight into financial year-end procedures
  • Compile financial statements as well as calculate tax payable to SARS

This course comprises the following modules:

  • Introduction to Bookkeeping
  • Financial Transactions
  • Debtors and Creditors Management
  • Reconciliation and the Trial Balance
  • Salaries and Wages
  • Financial Statements and Business Tax

Grade 9 (Std7) and at least 16 years old with the ability to read and write in English, the language of instruction.

Students are required to complete and submit one assignment per module. The pass mark for each assignment is 80% unless stated otherwise within the assignment instructions. There are no written examinations for this Course.