Certification of Fundamental Bookkeeping (CFB-UK)

CFB-UK course includes practical based knowledge of i) Foreign Bookkeeping (UK) and ii) Online Bookkeeping Software [QuickBook (UK)/ XERO (UK)].

Syllabus Is As Follow:

• Foreign Bookkeeping (UK)
  • Basic information about UK Accounts & Taxation
  • Importance of Bookkeeping
  • Difference between Bookkeeping & Accounts
  • Value Added Tax (VAT) – UK
  • VAT Return
  • Accounts Receivable
  • Accounts Payable
  • Bank Reconciliation
  • Basic understanding of PAYE/NI
  • Basic understanding of Corporation Tax
  • Ledger Scrutiny
  • Journal Entries
  • Basic understanding of Prepayments
  • Basic understanding of Accruals
• Bookkeeping Software
  • General aspect of Quickbook / XERO Software
  • Setting up new entity
  • Creating Customers & Suppliers
  • Invoice entry
  • Bill entry
  • Bank transactions
  • Bank reconciliation
  • Creating new nominal code
  • Creating new banking rules
  • Understanding of VAT implications in software
  • Journal Entries
  • Generating Reports
  • Understanding of Reports