Effective Bookkeeping and Payroll
Learn about bookkeeping and payroll and the factors involved like taxes and budgeting with this free online course.
Description
This course, Effective Bookkeeping and Payroll, will provide you with an understanding of bookkeeping and payroll. You will learn the principles of bookkeeping and internal controls. You will be able to explain subsidiary ledgers and special journals. You will also learn about reconciliations as well as correcting entries.
This course then explains sales tax, different state taxes, and their impact of payroll. You will learn about budgeting and effective budgeting strategies for your company. You will also learn about accounting for merchandising and accounting for cash. The course will cover partnerships and corporations as well as accounts receivable and bad debts. Students will also learn all about interim profit vs loss.
This course then wraps up with preparing to close the books and transitioning to closing the books at the end of the year. You end the course by learning all about cash flow as well as the indirect method and the direct method. By taking this course you will learn the necessary knowledge and skills needed to effectively manage payroll and fiances in a company. So why wait? Start learning today.
Start Course NowModules
Principles
Overview of Internal Controls
Subsidiary Ledgers and Special Journals
-
Topic A - Subsidiary Ledgers
-
Topic B - Special Journals - Posting Sales Journal
-
Topic C - Special Journals - Posting Cash Receipts
-
Review Quiz
Reconciliations
-
Topic A - Purpose
-
Topic B - Reconciliation
-
Topic C - Who Should Perform the Reconciliation?
-
Review Quiz
Correcting Entries
Sales Tax
Budgeting
Accounting for Merchandising
-
Topic A - Merchandising Income Statement
-
Topic B - Sales Discounts
-
Topic C - Purchase Discounts
-
Review Quiz
Accounting for Cash
-
Topic A - Defining Petty Cash
-
Topic B - Accounting for Cash Over or Short
-
Topic C - Cash Controls - The Bank Reconciliation
-
Review Quiz
Payroll
-
Topic A - The Payroll Process
-
Topic B - Payroll Process - Deduction Tables
-
Topic C - Payroll Process - Earnings Record
-
Review Quiz
Partnerships and Corporations
-
Topic A - Partnership - The Partnership
-
Topic B - Corporations
-
Topic C - Preferred Stock
-
Review Quiz
Accounts Receivable and Bad Debts
Interim Profit or Loss
Year End - Preparing to Close the Books
Year End - Closing the Books
-
Topic A - Year End - Closing Journal Entries
-
Topic B - Year End - Post Closing Trial Balance
-
Review Quiz
Cash Flow
-
Topic A - What is Cash Flow?
-
Topic B - Cash Flow - The Indirect Method
-
Topic C - The Direct Method
-
Review Quiz
Course assessment
Learning Outcomes
Having completed this course, you will be able to:
-Evaluate payroll for salaried and hourly employees.
-Outline an effective budgeting strategy for a fiscal year.
-Arrange Subsidiary Ledgers and Special Journals.
-Describe the relationship in a business partnership.
-Outline cash flow from operations, investing, and financing.
-Explain GAAP and how these principles come into play in bookkeeping
-Categorize and organize accounts receivable to ensure payments are organized and received.
Certification
"Todos os cursos da Alison são gratuitos para estudar. Para completar com sucesso um curso, você deve marcar 80% ou mais em cada avaliação do curso. Após a conclusão bem-sucedida de um curso",Você pode optar por tornar a sua conquista formal comprando um Diploma ou Certificado da Alison.
oficial. Ter um documento da Alison oficial é uma ótima forma de comemorar e compartilhar o seu sucesso. É:
- Ideal para incluir nos CVs,inscrições de trabalho e portfolios
- Uma forma de mostrar a sua habilidade de aprender e alcançar altos resultados