Free Online Bookkeeping Course | Learn Bookkeeping | Alison

Professional Bookkeeping and Accounting 1 - Sales and Purchases

Learn how to record your sales and purchase transactions in your daybooks with this free online bookkeeping course.

Free Course
This free online Professional Bookkeeping and Accounting course will teach you how to record and account for Sales and Purchase transactions. In this course, you will be taught how to read and prepare sales and purchase invoices, with and without discounts and sales taxes. Handling sales and purchase invoices is an essential ability for any accountant or business person. Learn about sales and purchase invoices with this free online course.
  • Duration

    1.5-3 Hours
  • Assessment

  • Certification

  • Responsive






View course modules


Professional Bookkeeping and Accounting 1 - Sales and Purchases is a comprehensive course for those that need to record and account for Sales and Purchase transactions. The course starts with an introduction to bookkeeping and accounting and introduces you to the asset and liabilities, the common business documents record and introduces the Accounting Equation. The course then introduces you to both Sales Tax and Coding for sales invoices and credits, preparing customer statements and making entries into the day books.

The course then looks at the purchasing process and the documents involved and you will also look at checking purchase invoices for approval, coding them for analysis purposes and transferring the transactions into the purchase and purchase returns day books before finally doing some creditor reconciliations. Throughout the course there are exercises for you to complete on your own – supporting workbooks and examples are also provided.

If you are interested in accounting as a career or you are a business professional looking to learn new skills, then this is the course for you. Start this free online course today and you will gain new skills such as recording your sales and purchase transactions in your daybooks, and reading and preparing sales and purchase invoices.

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Learning Outcomes

Having completed this course you will be able to:

  • Outline the importance of bookkeeping and how it ties in with Accounting
  • Explain Assets, Liabilities, Revenue and Expenditure
  • Describe the principles of Sales tax
  • Explain the importance of an invoice and what details you will find on an invoice
  • Describe the main details of a statement and its purpose
  • Describe the role of the AR department
  • Outline the purpose of cross totting and creditor reconciliation
  • Detail the process of recording sales, credits, purchases and returns in the prime (day) books
  • Describe the purchasing process and documents involved
  • Discuss the process for approving a purchase invoice


All Alison courses are free to enrol, study and complete. To successfully complete this Certificate course and become an Alison Graduate, you need to achieve 80% or higher in each course assessment. Once you have completed this Certificate course, you have the option to acquire an official Certificate, which is a great way to share your achievement with the world. Your Alison Certificate is:

Ideal for sharing with potential employers - include it in your CV, professional social media profiles and job applications
An indication of your commitment to continuously learn, upskill and achieve high results
An incentive for you to continue empowering yourself through lifelong learning

Alison offers 3 types of Certificates for completed Certificate courses:

Digital Certificate - a downloadable Certificate in PDF format, immediately available to you when you complete your purchase
Certificate - a physical version of your officially branded and security-marked Certificate, posted to you with FREE shipping
Framed Certificate - a physical version of your officially branded and security-marked Certificate in a stylish frame, posted to you with FREE shipping

All Certificates are available to purchase through the Alison Shop. For more information on purchasing Alison Certificates, please visit our FAQs. If you decide not to purchase your Alison Certificate, you can still demonstrate your achievement by sharing your Learner Record or Learner Achievement Verification, both of which are accessible from your Dashboard. For more details on our Certificate pricing, please visit our Pricing Page.



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