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Skills Level

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After Final Trial Balance you would transfer everything onto Sage Account Production advanced and will be making Profit & Loss Accounts.

You will also learn IFRS and FRSSE You will prepare Final Accounts files with references and indexes to be reviewed by the senior accountants.

You will also learn Profit/Loss, Balance Sheet Reconciliation through lead schedules generated from SAPA.

You will also learn SAGE CT 600(Corporation Tax Returns), sage compliance, International Trade, UK & Foreign VAT

As all the courses are progressive courses. The Intermediated Level training includes all the course contents of Advanced Training

Fundamental Training

Candidates will receive a hands-on training and will know how to perform the following tasks:

  • Setting up companies
  • Setting up a company either as a cash accounting scheme or a standard accounting scheme
  • How and when to register for VAT
  • Choosing the chart of accounts that suits the firm's needs and how to customize it
  • How double entry is applied in accounting software and how to customize the nominal ledger and nominal codes
  • Setting up customers accounts
  • Process customers batch invoices, individual invoices and credit notes Suppliers accounts setup
  • Processing suppliers invoices and credit notes
  • Generate reports on invoices due, customer/supplier invoice activity
  • Performing error corrections
  • Allocating payments and receipts of cash in a business Allocating bank payments and receipts
  • Allocating Supplier/Customer Payments and Receipts Performing bank reconciliation
  • Processing the VAT return and reconcile the VAT return Submitting the VAT return to HMRC
  • Knowing how to deal with other VAT issues
  • Performing Debtor Analysis Credit control procedures
  • Candidates will perform Computerised Book-keeping, Bank Reconciliation & VAT Returns for various industry businesses, gaining a greater insight into accounting up to trial balance
  • Candidates will gain strong understanding of how to prepare client's account from incomplete records, using various accounting software
  • Deeper understanding of VAT - Rules of registration and de-registration Reconciliation of VAT, Completing a VAT return.
  • Import and export VAT analysis
  • Calculating VAT for a business with mixed zero-rated and standard-rated sales, combining Sage and Excel
  • Candidates will perform Excel Spreadsheet Book-keeping and Bank Reconciliation Candidates will gain an insight into how to deal with HMRC queries
  • Performing Stock Control using Computerised Book-keeping How to keep a track of Stock movements extract Bill of materials.
  • Candidates will perform sales order processing, purchase order processing and stock reporting.
  • Invoicing from stock and updating stock records
Intermediate Level

In the Fundamental level training candidates gain knowledge uptill quarterly accounts & submission of VAT to HMRC.

In addition to tasks completed in Fundamental level, candidates have the opportunity to cover the following in Intermediate level training.

  • Internal control procedures for tangible fixed assets and cash
  • Reconciliation of Control Accounts (Debtors and Creditors Control, VAT, PAYE, Wages, Directors, Bank Loans, Suspense Accounts – etc.
  • Posting adjusting journal entries at month end such as Accruals,
  • Prepayments,
  • Depreciations, calculating depreciation using different methods VAT
  • Intercompany transactions and reconciliations
  • Using a Computerised accounting package of your choice. Preparing closing entries
  • Preparing the Final Trial Balance
  • Producing a classified profit & Loss account and Balance sheet in a Excel spreadsheet
  • Dealing with HMRC queries and small tax matters
  • Summaries and analyses financial data and produce reports for management purposes
  • Monthly, Quarterly Management Accounts Performing banks reconciliation
  • Learning about VAT management
  • Running the year end procedure in Sage line 50 Accounts to close the financial year and start a new financial year
Advanced Level

In the Fundamental level training candidates gain knowledge uptill quarterly accounts & submission of VAT to HMRC.

In addition to tasks completed in Fundamental level, candidates have the opportunity to cover the following in Intermediate level training.

  • Internal control procedures for tangible fixed assets and cash
  • Reconciliation of Control Accounts (Debtors and Creditors Control, VAT, PAYE, Wages, Directors, Bank Loans, Suspense Accounts – etc.
  • Posting adjusting journal entries at month end such as Accruals,
  • Prepayments,
  • Depreciations, calculating depreciation using different methods VAT
  • Intercompany transactions and reconciliations
  • Using a Computerised accounting package of your choice. Preparing closing entries
  • Preparing the Final Trial Balance
  • Producing a classified profit & Loss account and Balance sheet in a Excel spreadsheet
  • Dealing with HMRC queries and small tax matters
  • Summaries and analyses financial data and produce reports for management purposes
  • Monthly, Quarterly Management Accounts Performing banks reconciliation
  • Learning about VAT management
  • Running the year end procedure in Sage line 50 Accounts to close the financial year and start a new financial year
Additional Contents of Skill Level Training

In the Fundamental level training candidates gain knowledge uptill quarterly accounts & submission of VAT to HMRC.

In addition to tasks completed in Fundamental level, candidates have the opportunity to cover the following in Intermediate level training.

  • Internal control procedures for tangible fixed assets and cash
  • Reconciliation of Control Accounts (Debtors and Creditors Control, VAT, PAYE, Wages, Directors, Bank Loans, Suspense Accounts – etc.
  • Posting adjusting journal entries at month end such as Accruals,
  • Prepayments,
  • Depreciations, calculating depreciation using different methods VAT
  • Intercompany transactions and reconciliations
  • Using a Computerised accounting package of your choice. Preparing closing entries
  • Preparing the Final Trial Balance
  • Producing a classified profit & Loss account and Balance sheet in a Excel spreadsheet
  • Dealing with HMRC queries and small tax matters
  • Summaries and analyses financial data and produce reports for management purposes
  • Monthly, Quarterly Management Accounts Performing banks reconciliation
  • Learning about VAT management
  • Running the year end procedure in Sage line 50 Accounts to close the financial year and start a new financial year
  • This training package is everything you need to demonstrate your competency for the following roles:

  • Finance manager Financial Accountant Management Accountant
  • Accounts payable manager Credit controller
  • Small business Performance Analyst
International Trade UK & Foreign VAT S
  • Understanding of International Trade European Union (EU) VAT System Non-EU countries & Single Market
  • Acquisitions and Dispatches Reporting Requirements Introduction to the UK TAX SYSTEM Different Types of taxes in the UK
  • Difference between TAX EVASION AND TAX AVOIDANCE
  • Difference between Direct and Indirect Tax Identify the correct headings under which main sources of income are taxed.
  • Examples of Non-Taxable Income and Taxable Income
  • Set out an income tax computation in the standard format
  • Compute taxable income
  • Penalties and Charges for late submission of Tax Returns
  • Apply the correct tax rates, distinguishing between savings income, dividend income, and other income
  • Identify personal allowances to which the taxpayer is entitled and explain the conditions which apply
  • Employment Income
  • National Insurance Contribution Class 1 P.A.Y.E
  • TAX Codes
Corporation tax return CT 600

The Corporation tax practical training allows you to master the calculation and preparation of Corporation tax returns and allows you to understand the corporation tax year end for Accounts purposes.

You will be able to:

  • Understand Corporation tax rules and regulations .
  • Perform corporation tax calculations on actual companies.
  • Understand Corporation tax returns and how to fill up the returns
  • Prepare Corporation Tax control accounts
  • Perform year end journal entries related to Corporation tax for the finalization of Statutory Accounts Production
  • Understanding Directors loan account and Corporation Tax
  • Understanding Losses and dealing with them for Corporation Tax
  • Charities and Corporation Taxes
  • Keeping records and ensuring Compliance with HMRC
  • Learn how to operate Sage Corporation Tax and use Micro Soft Excel for the Corporation tax purposes
Sage Accounts Production Advanced (SAPA)

The FRSSE is a standard that may be applied by companies that qualify as small under the Companies Act and other entities that would have qualified as 'small' had they been incorporated. It brings together the relevant accounting requirements and disclosures from the other accounting standards and UITF Abstracts, simplified and modified as appropriate for smaller entities. It also includes relevant Companies Act requirements.

  • Do you want to upgrade you skills from BOOKKEEPING to FINAL ACCOUNTS level and not getting a chance to learn new things!!
  • Do you want to get full exposure of Management accounts and submission rules to companies house
  • Do you want to learn how to deal with small and medium company accounts and submission of Abbreviated Accounts
  • Our Sage Accounts Production Advanced (SAPA) Training contents include:

  • Menu structure;
  • Importing data from Sage line 50 as per initial Trail Balance and completing the final control accounts.
  • Posting client and initial trail balance on SAPA, Navigating your way around the SAPA;
  • Creating a client and amending the client database;
  • Posting of clients data, including current year and comparative data;
  • Working paper reports including lead schedules, trial balance, general ledger and audit trail;
  • Working efficiently with documents and posting of data, including "Copy Document";
  • Entering "Disclosure data"; As Per FRSSE and other relevant standards. Working with ROP's. Report Pads and Headings;
  • Report Pad formatting - producing enhanced notes and reports; Producing draft and final financial statements;
  • Completing and understanding the compliance as per company's house. Year end process.
  • Making Abbreviated accounts of the company
  • Finalizing the accounts and making the final file of the company for partner review.
  • Learning how to do filing and making indexes of the company final accounts file.
  • This course provides an overview of the latest version of the FRSSE, which is applicable for accounting periods beginning on or after 6 April 2008, and would benefit anyone who is involved in the preparation or review of the financial statements of small private entities.

    Learning outcomes include obtaining a greater understanding of:

  • What the FRSSE is and who can & can't use FRSSE.
  • Differences between the FRSSE and full UK GAAP
  • The revisions to the FRSSE applicable for accounting periods beginning on or after 6 April 2008

In addition to the Sage 50, Quick Books, Excel Bookkeeping and Sage Payroll, you can also choose 2 additional software from a list of 11 different options.

Optional Modules
Level Courses Products
1 Fundamental Bookkeeping Peach Tree
2 Fundamental Bookkeeping VT Books
3 Fundamental Bookkeeping IRIS BK
4 Fundamental Bookkeeping MYOB
5 Fundamental Bookkeeping TAS Books
6 Fundamental Payroll IRIS Payroll
7 Fundamental Payroll Excel Payroll
8 Fundamental Payroll TAS Books Payroll

Level Courses Products
9 Intermediate Adv. Bookkeeping Cert. OCR Level 2
11 Intermediate ERP Bookkeeping TALLY

Level Courses Products
12 Advanced ERP Bookkeeping SAP End User
13 Advanced Accounts VT Accounts

Level Courses Products
14 Skills Accounts IRIS Accounts
15 Skills Accounts CCH Accounts
16 Skills Accounts XERO *
  • GUARANTEED WORK PLACEMENT either in our accountancy practice or with our clients.
  • In-house recruitment facilities
  • Certification on completion provided by KBM Certified Chartered Accountants and Registered Auditors
  • Reference provided by KBM Certified Chartered Accountants and Registered Auditors
  • Counts towards your experience necessary for ACCA, AAT, FIA, CIMA, CIPFA or any other accountancy organisation's memberships
  • FREE complete preparation for the OCR qualification*
  • One to One CV Consultations and Mock Interview Sessions
  • Pre-interview screening tests, increasingly used by employers to select candidates
  • Interview Preparation
  • Job Hunting tips
  • Free Sage or QuickBooks software (Worth over £900)

Each training session has a few candidates delivered in a friendly and relaxing environment, which gives candidates the opportunity to ask questions and raise issues freely. You can be assured that you will receive one to one individual attention from our team.

The 12 Months Skills Training is ideal for:

  • Those who have no prior experience or qualification in accountancy
  • Candidates currently studying ACCA, AAT, FIA, CIMA, CIPFA or other accountancy and payroll qualifications but have no practical accountancy and payroll experience
  • Candidates with overseas accounting and payroll experience but not within the UK
  • Candidates new to Computerised accounting and payroll
  • Candidates new to accounting and payroll, looking forward to maintaining their own accounts and payroll records to reduce their costs
Course Attributes
Time Cost Hours Compulsory Modules Optionals Modules Allowed Options
12 Months £ 3,350 384 15 16 4
Compulsory Modules
Level Courses Products
1 Fundamental Bookkeeping QuickBooks
2 Fundamental Bookkeeping Sage 50
3 Fundamental Bookkeeping Excel Bookkeeping
4 Fundamental Payroll Sage Payroll
5 Intermediate Bookkeeping Advance Excel Bookkeeping
6 Fundamental Payroll Quick Books Payroll
7 Intermediate Accounts Management Accounts
8 Intermediate Accounts Control Accounts
9 Intermediate Adv.Spreed Sheets Advance Excel
10 Intermediate Tax International Trade, UK & Foreign VAT
11 Advanced Tax Sage CIS Tax
12 Advanced Tax Tax Level 1
13 Skills Tax Corporation Tax Return CT 600
14 Skills Tax Sage Compliance
15 Skills Tax SAPA Accounts
Optional Modules
Level Courses Products Select one
1 Fundamental Bookkeeping Peach Tree
2 Fundamental Bookkeeping VT Books
3 Fundamental Bookkeeping IRIS BK
4 Fundamental Bookkeeping MYOB
5 Fundamental Bookkeeping OCR Level 1
6 Fundamental Bookkeeping TAS Books
7 Fundamental Payroll IRIS Payroll
8 Fundamental Payroll Excel Payroll
9 Fundamental Payroll TAS Books Payroll

Level Courses Products Select one
10 Intermediate Adv. Bookkeeping Cert. OCR Level 2
11 Intermediate ERP Bookkeeping TALLY

Level Courses Products Select one
12 Advanced ERP Bookkeeping SAP End User
13 Advanced Accounts VT Accounts

Level Courses Products Select one
14 Skills Accounts IRIS Accounts
15 Skills Accounts CCH Accounts
16 Skills Accounts XERO *

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