
The Business & Payroll Masterclass Self-Study Package includes 5x self-study courses (sessions) and starts right from scratch, introduces the concept of accounting, fundamental accounting terms and the accounting system of recording business transactions.
It then takes you to more complex areas of accounting like transactions affected by discounts and vat, prepaid and accrued transactions, and accounting adjustments like depreciation. Moving on to company compliance, which is a very important part of bookkeeping – as it forms part of the duties of the bookkeeper in keeping the company compliant and also informs the bookkeeper of when certain statutory registrations and submissions are due and payable, as well as how to calculate.
The next step is to understand Payroll reconciliations – this is one of the biggest expenses in a business and the bookkeeper must know how these calculations are done, before recording it in the books of account. Bookkeeping reconciliations for example bank, petty cash, loans, payroll, control accounts, debtors and creditors, but to name a few, are part of the reconciliation step in the accounting cycle and must be executed perfectly to allow for a reasonable and accurate view of the books of account. Then lastly, preparing the Management Accounts is the single most important part of bookkeeping.
This masterclass also wishes to provide the bookkeeper with the necessary skills to interpret the Management Accounts and to spot any inconsistencies and to investigate discrepancies, ultimately ensuring the correct calculation of income tax.
This comprehensive course is beneficial to any person wanting to skill themselves up and no prerequisites or prior knowledge of bookkeeping or payroll is necessary, as this course starts everything right from the scratch!
The following self-study courses are included in this package:
SESSION 1: Basic Business Bookkeeping
SESSION 2: Company Compliance
SESSION 3: Payroll Calculations
SESSION 4: Bookkeeping Reconciliations
SESSION 5: How to Prepare Management Accounts
All Included:
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Gary Garbutt,
Head of Operations
Biz Facility Pty Ltd
(Registration number: 2011/105349/07)
Mission Statement:
To provide value added skills and tools through superior training and engagement that enables our clients to become more financially skilled.
Our Vision:
To provide practical skills and tools to small and medium business owners and individuals, in order to effectively utilize accounting data to manage their business or area of operation, and to effectively manage their tax obligations, both personally and professionally.
Biz Facility, founded in 2010, was founded to provide practical training interventions to small and medium sized businesses, as well as individuals, to equip clients in managing their business’s and tax affairs more effectively.Biz Facility provides both training and financial services to its clients: