Pitman Training Bookkeeping Module 3 Certificate

Course Title: Pitman Training Bookkeeping Module 3 Certificate (PTSLCT)

Awarding Body: Pitman Training
Pitman Training is the largest independent training network in Ireland offering local solutions to businesses and individuals alike. With Pitman Training you have the best choice of training options:
• Career Solutions with its renowned National Diploma Programme
• Fully flexible IT and Office Skills training – attend when you like
• Classroom training courses tailored for all levels
• Seminar courses to develop personal skills
• Online training and Home Study options
• IT Technical learning tracks with full mentoring support

Intended Audience: Those who wish to learn manual bookkeeping.

Entry Requirements: Open Entry

Exemptions: Exemptions are granted by modules based on previous Pitman Training Certification.

Course Details

Lesson One – Including: Preparing a Trial Balance from the ledger accounts as well as from a list of account balances, using the Journal to correct errors not disclosed by the Trial Balance, preparing a revised Trial Balance following the correction of errors

Lesson Two – Including: Using the Journal to start up a new set of double entry accounts, knowing how to write off bad debt, including any associated VAT, the purpose of a suspense account, using the Journal to correct errors and clear a suspense account, demonstrating the ability to make journal entries and adjustments and produce a revised Trial Balance

Lesson Three – Including: Recognising the format used when extending the Trial Balance, categorising items of income and expenditure, calculating depreciation, accruals and prepayments, calculating the value of stock consumed, using the journal to record year-end adjustments

Lesson Four – Including: Transferring the year-end adjustments to the Extended Trial Balance, distinguishing between the different type of account, extending the balances from the Trial Balance columns to either the Profit and Loss or Balance Sheet columns, calculating the profit, or loss, of the business

Lesson Five – Including: Preparing a Profit and Loss account and Balance Sheet, calculating the gross profit percentage, knowing how to calculate the mark up percentage

Lesson Six – Including: Closing off the ledger accounts at the end of the accounting period, recognising when a balance is to be carried forward to the next accounting period and when it is to be transferred to the Profit and Loss account, demonstrating the ability to extend a Trial Balance and prepare the financial statements of a business

Registration: All Year.

Duration: 18 Hours flexi study.

Cost: Contact us for more details

Further Study: Pitman Training Sage Line 50 Certificates or Foundation in Bookkeeping Diploma