Final Accounts Training Course

Course Overview

The Final Accounts training course combines all the training and courses at Future Connect and gives a high-end practical experience of the complete accounting cycle. You will be starting off with Bookkeeping and VAT Return at the initiation of this course. After you have proper Bookkeeping skills in various Industries, the trainees move on to an intermediate level of accountancy and learn to close the books for the year-end. At this stage, the initial Trial Balances are calculated and Trainees are given a chance to attend the academic classes focusing on CIS, Control Accounts, Advanced Excel and FRSSE.

The Final accounts training is done on Sage Accounts Production Advanced software, they could also use other software like XERO and QuickBooks with MS Excel. The trainee can now make a complete company file that includes calculation of Corporation Tax.

This course is suitable for both people new to accountancy and with work experience in the accounting sector who wants to enhance their skills in expert-level accounting. You will be coached by CPD Certified professionals who will help you throughout the entire learning process with hands-on practical experience that will put you on a launchpad for your career in this fast-paced accounting environment.

Suitable For

The course is suited for aspiring bookkeepers and anyone who wants to start a career in accounting.

• New entrants into the accounting sector
• Learners pursuing accounting qualification
• Candidates with overseas experience

Certification

• CPD Certificate
• Accountancy Practice Certificate
• IAB Certificate
• Xero Advisor Certificate

Course Content

• Sage 2017 v24
• XERO
• Quickbooks
• Capium
• Forbes
• IRIS
• Freshbooks
• VT Software
• Free Agent

(YOU CAN CHOOSE MORE THAN ONE SOFTWARE)

Industries Covered

The training is provided with the relevant industries listed below:

• Construction
• Wholesale
• Retail
• Dental Clinics
• Online Business
• IT
• Solicitor
• Medical
• Surgeries
• Architect & More

Skills You Will Gain

The students will acquire following set of skills after completing this Final Accounts Training Course.

Corporation Tax

• Introduction to Corporation Tax Online
• Tax Calculation
• Computation Data
• Company Information
• Information for the Return
• Payments and Repayments
• Tax Avoidance
• Loss Relief Deductions Allowance
• Adjustments to Trade
• Profit Losses
• Capital Allowances
• Qualifying Charitable Donations
• Non-trade Loan Relationships
• Non-trade Deficits
• Loans to Participators
• UK Property Business – Adjustments
• UK Property Business – Capital Allowances
• UK Property Business – Losses
• Attachments
• Online Filing Errors
• Producing Computation
• Submitting Tax Return

Final Accounts Training

• Introduction
• Enter data
• Sets of accounts
• Create a set of accounts
• Manage sets of accounts
• Enter a trial balance
• Standard trial balance
• Enter a comparative trial balance
• Extended trial balance
• Populate trial balance from Accounting
• Import from CSV file
• Chart of accounts
• Create nominal accounts
• Nominal groups list
• Nominal groups
• Create journals
• The journal’s list
• Prior period adjustments
• The Data page
• Enter officers and professional advisers
• The Accounts Preview tab
• Manage accounts preview content

Control Accounts

• Accounts Opening Balance Adjustments
• Trial Balance Analysis & Corrections
• Month & Year end Adjustments
• Depreciation, Wages Journals
• Control Accounts
• Clearing Suspense Account
• Adjusted Trial Balance
• Aged Debtor & Creditor Analysis
• Production of Year End Accounts

Bookkeeping

• Sales Day Book
• Purchase Day Book
• Credit Notes
• Debtor / Creditor Reconciliation
• Petty Cash Reconciliation
• Bank Reconciliation
• VAT Calculation
• VAT Adjustment

Payroll

• Employee Records
• Payments and Deduction
• Basic Pension Schemes
• Pay Elements & Company Reports
• Statutory Payments
• Generating Payslips
• FPS, EPS , RTI Submissions
• Setting up Starters & Leavers
• P32 and HMRC Submissions

Career Path

• Bookkeeper
• Financial Controller
• Junior Accountant Asst.
• Management Accountant
• Accounts Assistant
• Credit Controller
• Finance Manager
• Accounting Clerk
• Budget Analyst
• Payroll Administrator
• Payroll Clerk
• Assistant Controller

Work Placement Structure

After finishing your training, you will be given a chance of guaranteed work placement at our offices or at our external client’s offices. The duration is dependent upon the training course you have opted for with us.