This workshop deals with practical basic book-keeping and shows how bookkeeping is used to generate the financial information needed for Income Tax, VAT, PAYE and National Insurance contributions.
Bookkeeping is an essential element of running a business. How else will you know if you are making a profit? This practical workshop shows how bookkeeping is used to generate the financial information needed for Income Tax, VAT, Corporation Tax, PAYE and National Insurance contributions. You will learn how to:
- keep accurate financial records
- understand the key components of bookkeeping including sales ledger, purchase ledger and cashbook
- produce a bank reconciliation
- understand VAT
PRIORITY WILL BE GIVEN TO ARGYLL & BUTE BASED BUSINESSES