Intermediate Big Red Cloud Accounts
This course aims to give learners a sound understanding of how to process transactions for a VAT Registered Company.
Overview
Skills to Advance Initiative
This course is only available to those currently in employment and fully funded under the Skills to Advance initiative.​
Skills to Advance is a national initiative that provides upskilling and reskilling opportunities to employees in jobs undergoing change and to those currently employed in vulnerable sectors. Skills to Advance aims to equip employees with the skills they need to progress in their current role or to adapt to the changing job market. Working closely with small and medium-sized enterprises, Skills to Advance helps employers identify skills needs and invest in their workforce by providing subsidised education and training to staff.
Course Content
When the learner has completed this course they will be able to record transactions for an Irish Company registered for VAT trading with Irish Suppliers and Customers as well as producing VAT Returns and Financial Statements.
​
Underpinning Accounting Knowledge
-
VAT Rules & Invoicing Requirements
-
Understanding Financial Statements
-
Dealing with Stock transactions
-
Putting a value on Closing Stock
-
Accounting Journals
-
Introduction to Business legislation
-
Security and Accounting Records
​
Using Big Red Cloud
-
Setting up a Company from Prior Accounting Records
-
Setting up Customers and Suppliers with Opening Balances
-
Setting up Products
-
Recording Invoices and Credit Notes including VAT
-
Customer Invoices and Statements
-
VAT returns
-
Profit & Loss and Balance Sheet Reports
