Interested in this College?
Get updates on Eligibility, Admission, Placements Fees Structure

Quick Facts

Medium Of Instructions	Mode Of Learning	Mode Of Delivery
English	Self Study	Video and Text Based

Course Overview

Professional bookkeepers are an essential component of every organization. In absence of them, businesses would struggle to retain monetary clarity and maintain adequate records required to make critical operational and finance choices. The Bookkeeping online course covers a variety of auditing concepts and includes education on issues such as inventory management, VAT responsibility, accounting records, and annual returns.

The Bookkeeping training teaches students how to complete diary entries, arrange ledgers, and produce accurate, dependable accounting information. The course helps to Improve the capacity to positively affect the organisation while receiving formal confirmation of talents from Africa's premier institution.

According to the Guidant Financial Report, 13% of small business owners consider bookkeeping as one of their prime difficulties. Similarly, a report by Accounting Today states that big accounting companies with more than 50 employees spend 25% of their time on bookkeeping tasks. The Bookkeeping syllabus ensures minimising the waste of time and increases the productivity of the firm.

The Highlights

Self-paced learning
Shareable certificate
Online learning
Split option of payment
9 weeks duration
Course provider Getsmarter
Projects and assessments
University of Cape Town offering
Downloadable resources
7-10 hours per week

Programme Offerings

Case Studies
quizzes
Self-paced learning
Infographics
Live polls
video lectures
Offline resources
online learning

Courses and Certificate Fees

Certificate Availability	Certificate Providing Authority
yes	UCT Cape Town

Fee type	Fee amount in INR
Bookkeeping fees	Rs. 63,974 (Incl of all taxes)

The Bookkeeping fees are Rs. 63,974 (Incl of all taxes). Candidates will have to pay the fee amount at once or they have an option to choose a split payment option to pay the total fee amount in 3 payments. If the candidate chooses a split mode of payment, an additional 3% cost will be charged as an admin fee. Candidates can pay the fee using a debit or credit card and EFT or bank transfer.

Eligibility Criteria

Certification Qualifying Details

Candidates will have to meet all the requisites mentioned in the course material book including completion of assignments, submission of projects, participation in quizzes, polls, classroom activities, and fulfill the minimum attendance requirement to qualify for the Bookkeeping certification. Candidates are assessed via a series of practice assessments and tests. Candidates must meet all the course material book requirements to qualify for certification.

What you will learn

Accounting proficiencyFinancial Management

After the completion of Bookkeeping online training, candidates will gain knowledge of fundamental concepts, ideas, and procedures that drive good bookkeeping. Candidates will learn how to record, analyze, and present financial data for any organization. Learners will be able to handle creditor's and debtor's invoices as well as generate reconcile bank statements.

Who it is for

Students who want to learn about the instruments and techniques required for bookkeeping can enrol in this course.
Professionals enthusiastic about a future in accountancy, and those who require these abilities to flourish in their existing position.
Professionals seeking to advance their careers in finance and develop an understanding of accounting concepts, as well as financial industry professionals seeking to authenticate their expertise with a UCT completion certificate.

Admission Details

The admission procedure is hassle-free, follow the steps mentioned below to get admission in the Bookkeeping tutorial:

Step 1. Visit the getsmarter official course webpage

Step 2. Click the ‘Register Now’ button to start the registration

Step 3. Agree with the course provider’s terms and conditions and save to proceed

Step 4. Generate your profile on the provider's website

Step 5. Provide the optional sponsor details and billing address

Step 6. Pay the amount fee and begin the online class.

The Syllabus

Define the different elements of accounting that make up the balance sheet, such as assets, liabilities, and equity
Identify the purposes and uses of accounting information
Review the accounting equation
Outline the basic principle of double entry
Recognize the purposes of an income statement
Select the correct bookkeeping principles that are applicable to certain scenarios and calculations
Practice recording the transactions in a business by means of the double-entry principle and cross-referencing

Calculate the sales, cost of sales, and gross profit figures using both systems
Identify what an inventory system is, with inventory, income, and expense elements
Review how to account for inventory in the ledger, using debits and credits
Explain the method of using a 'periodic inventory system'
Explain the method of using a 'perpetual inventory system'
Apply the accounting equation and calculate the cost of sales and margins

Identify who is required to and who may register as VAT vendors, as well as the registration requirements
Outline what constitutes output and input VAT
Review the tax submission requirements and penalties
Show the difference between the invoice and payments basis on which VAT can be accounted
Identify the different tax categories and types of supplies
Use the appropriate calculations in given scenarios to work out the VAT implications
Calculate VAT liability, including when input VAT is denied and how to apportion and adjust the VAT

Identify the uses and users of a business’s financial information
Outline the responsibilities of a bookkeeper
Analyse the monthly accounting process and how transactions are recorded to produce financial statements
Use specific journals while identifying which transactions should be recorded in the cash receipts, cash payments, and petty cash journals
Identify which transactions are recorded in the general ledger
Complete the cash receipts and cash payments journal, and fill in debited and credited transactions

Identify and process transactions in the cashbook receipts and cashbook payments
Apply the third step in the accounting process
Identify and process transactions in the petty cash journal
Identify the correct principles that should be used to process certain transactions
Identify and process transactions in the general journal

Illustrate how the subsidiary journals are posted to the general ledger at the end of the month
Contrast manual and computerised systems of bookkeeping
Balance a general ledger account
Practice completing general ledger accounts, trial balances, and general journals
Draft a trial balance at the end of the month

Practice preparing control accounts for debtors and creditors
Explain the necessity and structure of debtors’ and creditors’ accounts
Show the accuracy of debtors and creditors lists against corresponding control accounts
Demonstrate how errors and omissions can be addressed through corrective entries
Explain the necessity of creditors reconciliations
Show which principles for managing debtors and creditors ledgers are used in different examples

Distinguish between profit and cash
Explain how the banking process works
Explain 'bank reconciliation' and its necessity in the bookkeeping cycle
Apply the steps in the bank reconciliation process
Evaluate the timing difference between cash flows recorded by the business and those recorded by the bank
Complete journal entries, and prepare the various statements and ledgers for given examples
Produce a bank reconciliation statement

Complete the cash journals and VAT general ledger accounts to reflect payment or refunds for VAT
Complete a VAT 201 statutory return, using general ledger VAT accounts
Review employee-related expenses and taxes in the wages and salaries ledger
Complete the cash journals and employee and SARS control accounts for employee-related expenses and taxes
Complete the EMP 201 statutory return for taxes and levies owing to SARS