Double Entry Bookkeeping Training

Double Entry Bookkeeping Training – Full Day

Double-entry bookkeeping is the most widely used bookkeeping system which records the dual effect of every financial transaction a business makes. Double-entry bookkeeping is one of the oldest bookkeeping systems available, and despite the introduction of computerized bookkeeping and accounting software, understanding double-entry is still a requirement for bookkeepers and accounting clerks worldwide.

click the headings below for more details:

Morning Session

  • Petty cash – this covers how petty cash works, what security measures are needed to implement petty cash and a full exercise on how to write up petty cash using a business scenario.
  • Cash Book – this deals with why keep a cash book, how to write the cash book up, building on what we have learned previously in the petty cash scenario.
  • Bank Reconciliation – this compares the written up cash book with the bank statement received, noting the differences between the two and reconciling both sets of information.  The student learns why this is important to do on a monthly basis and why they should expect to see differences between the two sets of information.
  • Introduction to a trial balance – a brief understanding of what a trial balance is and why it is needed in bookkeeping.  Using the information and exercises from petty cash and the cash book, we now transfer the information to a trial balance.

Afternoon Session

  • Source Documents – we look at how these are used to build an audit trail.
  • The Accounting Equation – the student learns this equation and how it applies to bookkeeping.
  • Double Entry & Accounts – an introduction into what debits and credits are.
  • Basic Filing – how best to file and group documents.
  • Sales and Purchase Day Books – what they are and how to write them up.
  • Debtors and Creditors and their control accounts – understanding how these link up.
  • Understanding the basics of VAT – this covers different vat schemes, vat rates, vat stagger groups and most importantly, what vat is and how it affects businesses and individuals.
  • Vat and double entry bookkeeping – how to enter vat into double entry and T accounts and use the information to process a vat return.
  • ‘Carried down’ and ‘brought down’ – what do they mean and what’s the difference?
  • Day’s summary – this pulls together everything that has been covered into one full hour’s exercise, involving T accounts, debits and credits, control accounts, vat, individual customer accounts, the bank account and a trial balance.  This is half an exam paper that candidates would sit if they were studying the course in college.
  • We are one of the largest independent, certified trainers of Sage in the UK.
  • We are one of the few training providers that are also practising accountants with up to date experience.
  • We offer a hands-on learning approach that also leads to a certified qualification.
  • We have an excellent pass rate for our students.
  • We train in small classes of up to eight students, ensuring all students get quality training.
  • We train on the latest software.
  • We have excellent training facilities that are easy to get to by both car and train – a short distance from Cardiff.
  • We offer to bite size training for businesses that don’t want a general classroom course. We tailor make the training for them and can deliver it at their premises too.
  • We have an excellent reputation with a past track record of more than 7 years.
  • Please check our Student Results page to see their performance the past year.

Call us now on 01443 740800 or email Jackie or Jayson

Jacqueline Hooper

  • FMAAT, MICB, CB Dip, PM Dip. Owner of JDH. Completed AAT in 2003, became a full member in 2005 and a fellow member in 2011. More than 10 years’ experience in bookkeeping and accounts. Qualified and licenced to practice accounts and tax. Also, trains students in our company JDH Training.

If you would like to speak with our friendly team, call us on 01443 740800

 “We are not only Sage trainers, but we are practising accountants and bookkeepers as well.”