Administration and Office Skills

Bookkeeping Essentials

Keep accurate books from the first invoice to the month-end statements, the South African way.

Keep accurate books from the first invoice to the month-end statements, the South African way.

About this course

Bookkeeping is the daily discipline of recording what a business buys, sells, owes and owns. Done well, it tells the owner how the business is really doing and keeps SARS, the bank and investors satisfied. In this course you follow one South African business through its first month, so every new idea builds on the last and every number can be checked.

COURSE STRUCTURE • Module 01: Welcome to Bookkeeping Essentials • Module 02: Source Documents and the Accounting Equation • Module 03: Double Entry and the Chart of Accounts • Module 04: Journals, the Ledger and the Trial Balance • Module 05: Debtors, Creditors and the Bank • Module 06: Payroll and VAT Basics • Module 07: Month-End Adjustments • Module 08: Financial Statements • Module 09: Budgets, Records and Controls • Module 10: Putting It into Practice

HOW IT WORKS Work through each module online. Most modules end with a short knowledge check (60% to continue). The course ends with a final assessment: pass mark 80%, 60 minutes, 3 attempts. Learners who pass receive a MetaCo certificate.

COURSE MATERIALS Learner Manual, Activity Workbook, Quick Reference Guide, practical toolkit, Action Plan and Evaluation Form, attached to Module 01.

Course content

Module 1: Module 01: Welcome to Bookkeeping Essentials

  • 1.1 Welcome to Bookkeeping Essentials

Module 2: Module 02: Source Documents and the Accounting Equation

  • 2.1 Source Documents and the Accounting Equation
  • 2.2 Case study

Module 3: Module 03: Double Entry and the Chart of Accounts

  • 3.1 Double Entry and the Chart of Accounts
  • 3.2 Case study

Module 4: Module 04: Journals, the Ledger and the Trial Balance

  • 4.1 Journals, the Ledger and the Trial Balance
  • 4.2 Case study

Module 5: Module 05: Debtors, Creditors and the Bank

  • 5.1 Debtors, Creditors and the Bank
  • 5.2 Case study

Module 6: Module 06: Payroll and VAT Basics

  • 6.1 Payroll and VAT Basics
  • 6.2 Case study

Module 7: Module 07: Month-End Adjustments

  • 7.1 Month-End Adjustments
  • 7.2 Case study

Module 8: Module 08: Financial Statements

  • 8.1 Financial Statements
  • 8.2 Case study

Module 9: Module 09: Budgets, Records and Controls

  • 9.1 Budgets, Records and Controls
  • 9.2 Case study

Module 10: Module 10: Putting It into Practice

  • 10.1 Putting It into Practice