AAT – Introduction to Bookkeeping

This course introduces to both manual and digital bookkeeping systems, focusing on their documents, processes, and basic principles such as double-entry bookkeeping.

250.00

This course introduces students to both manual and digital bookkeeping systems, focusing on their documents, processes, and basic principles such as double-entry bookkeeping. It covers how digital systems are automating some bookkeeping stages and teaches the verification of financial documents like invoices and credit notes. Students will practice recording these documents in various daybooks and ledgers, understanding that the process is similar whether using manual or digital methods, though the specifics can vary by system.

The course also touches on handling prompt payment discounts (PPD) through credit notes, a method mandated by HM Revenue & Customs (HMRC) in the UK, where this course also discusses VAT—an indirect tax applicable in the UK and similar taxes abroad. Additionally, the course covers entries in cash books and petty cash books, including their integration into the ledgers.

Finally, students will learn to ensure the accuracy of transactions, reconcile statements with ledger accounts, and manage payments and receipts, gaining skills to handle both manual and digital bookkeeping systems effectively.

Learning Outcomes:
On successful completion of this subject, you should be able to:
  1. Understand how to set up bookkeeping systems
  2. Process customer transactions
  3. Process supplier transactions
  4. Process receipts and payments
  5. Process transactions into the ledger accounts

Registration and Access

Once you complete an online purchase you will receive confirmation of account activation. Please allow 48 hours to get access to all the modules and for your eLearning account to be set up.

If you wish to receive an invoice instead of paying online, please contact us at info@eimf.eu. Access to the course is valid for 365 days.

 

Certification

Upon the successful completion of the subject Introduction to Bookkeeping, you can advance to the next subject of the AAT Certificate in Accounting Level or If you have already completed other subjects, you can proceed to the next level, the Diploma in Accounting.

  • The purpose of business documents
  • The process of recording bookkeeping transactions
  • Create and use coding systems
  • Set bookkeeping systems
  • Calculate invoice and credit note amounts
  • Enter customer invoices and credit notes into books of prime entry
  • Process receipts from customers
  • Check the accuracy of supplier invoices and credit notes
  • Enter purchase supplier invoices and credit notes into books of prime entry
  • Process payments to suppliers
  • Enter receipts and payments into an analysed cash book
  • Enter receipts and payments into an analysed petty cash book
  • Total and balance the cash book and petty cash book
  • Process recurring receipts and payments
  • Transfer data from the books of prime entry to the ledgers
  • Total and balance ledger accounts
  • Study planner and guidance
  • Access to AccountingWise Learn
  • Comprehensive pre-recorded lectures
  • Extensive question practice (including mock exams and feedback)
  • Tutor support via phone or email

The AAT qualification is ideal for people who want a career in finance and business.

  • Format: Computer-based assessment
  • Availability: On Demand
  • Pass: A score of 70%
  • Length: 1 hours and 30 minutes
  • Please Note: Official Exam is not provided; it should be purchased separately.

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