Basic Bookkeeping provides participants with an  understanding of the double entry system of  bookkeeping and provides the essential accounting tools for the workplace. The workshop is especially beneficial for students planning to take a computer accounting program or use computer accounting in the workplace. It explains the principles of handling a company’s books of accounts, including Accounts Payable, Accounts Receivable, and Payroll. During the workshop participants will practice entering data into journals, posting to ledgers, balancing the ledgers, performing trial balances, and entering adjustments  into the records.

• Bookkeeping terminology and concepts
• Double entry book-keeping system
• Cash discount and trade discount
• Purpose and preparation of documentation associated with trade
• Preparation of Day books
• Preparation of accounts of debtors and creditors
• Purpose of preparation of banking documents
• Operation and preparation of the Cash book
• Operation of Petty Cash
• Calculation of gross and net pay
• Purpose and layout of a payslip