Learn how to record your sales and purchase transactions in your daybooks with this free online bookkeeping course. This course teaches you how to record and account for sales and purchase transactions. We show you how to read and prepare sales and purchase invoices, with or without discounts and sales taxes. Handling sales and purchase invoices is an essential skill for any accountant or businessperson working in the retail sector. Sign up to enter the lucrative field of accounting and bookkeeping and take your career to the next level.
| College | Alison |
| Course ID | 188915 |
| Course Type | Online Learning |
| Course Qualification | CPD Certificate |
| Course Duration | 1.5-3 hours |
| Course Fee | Free |
| Entry Requirements | Like all courses on the Alison Free Learning platform this is a free, CPD-accredited course. A Graduate can choose to buy a certificate or diploma upon successful completion of a course, but this is not required or necessary. At Alison we believe that free education, more than anything, has the power to break through boundaries and transform lives. Alison is the world’s largest free online empowerment platform for education and skills training, offering over 5000 CPD accredited courses and a range of impactful career development tools. It is a for-profit social enterprise dedicated to making it possible for anyone, to study anything, anywhere, at any time, for free online, at any subject level. Through our mission, we are a catalyst for positive social change, creating opportunity, prosperity, and equality for everyone. |
| Career Path | In This Free Course, You Will Learn How To • Outline the importance of bookkeeping and its links to accounting • Define ‘assets’, ‘liabilities’, ‘revenue and ‘expenditure’ • Explain the principles of the sales tax • Outline the importance of an invoice and identify its important details • Describe the purpose and primary data information offered by a financial statement • State the role of the Accounts Receivable (AR) department • Outline the purpose of ‘cross totting’ and ‘creditor reconciliation’ • Discuss the process of recording sales, credits, purchases and returns in daybooks • Describe the purchasing process and the documents involved • Discuss the process for approving a purchase invoice |
| Course Code | 1742 |
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