Training of Accounting and QuickBooksCOURSE FEES : Rs. 24,000/-

Phase-I (Theory): Estimated Course Time: 2 Hours, (1 Hour Daily)
Phase-II (Quick-books Practical): Estimated Course Time: 18 Hours, (1 Hour Daily)
Training Scope: User Level

Solutions Player Pvt. Ltd. under New Startup Last Semester offering a Quick Book training in Islamabad.

Solutions Player provide best Quickbooks Consulting Services in Islamabad comprising setup, implementation and expert training.

COURSE OUTLINE

Following are the essential accounting concepts that are practically being used widely in accounting softwares especially in QuickBooks.

Overview of Basic Accounting Terminologies:

  • Business as Separate Entity
  • Accounting Period (Accrual System)
  • Assets and types of Assets
  • Liabilities and types of Liabilities
  • Owners’ Equity or Capital and Drawings and its treatment
  • Cash Book, Petty Cash and Bank Book
  • Cost of Goods Sold
  • Direct Vs Indirect Costs
  • Revenue Vs Losses
  • Administrative Expenses and types
  • Accounts Receivable (Accrual System)
  • Accounts Payable (Accrual System)
  • Depreciation
  • Interest
  • Inventory
  • Payroll

Accounting Methods:

  • Cash Method
  • Accrual Method

Debit & Credit:

  • The Accounting Equation
  • Generally Accepted Accounting Principle (GAAP)
  • Debit & Credit Rules
  • Double-Entry Accounting,
  • Debit & Credit Vouchers
  • The Journal
  • The General Ledger or T-Account
  • Outstanding and accruals treatment (Accrual System)

Financial Statements:

  • Chart of Accounts
  • Trial Balance and working with the Trial Balance
  • Income Statement
  • Balance Sheet

Payroll Accounting / Terminology:

  • Employee Payroll, allowances and commission
  • Gross Wages
  • Net Wages and Advances
  • Employee Benefits
  • Employee Leaves

Overview of Taxes:

  • Income Tax and Withholding’s
  • Sales Tax and Withholding’s
  • Salary Tax and Withholding’s

End of Period Procedures:

  • Depreciation of Assets
  • Reconciliation of Cash & Bank Accounts
  • Bad Debt

Posting Adjustments and Corrections:

  • Overview
  • Overview of Suspense Account

Overview of Business Terminologies:

  • Tenders
  • Vender Rates and Quotations
  • Quotations and Proposals
  • Purchase Orders
  • Delivery Challan or Work Completion Reports
  • Invoices and payment terms and Supporting documentation

Training Fee & Payment Terms:

  • Total Training fee is Rs. 24,000/- per each person for all 20Hrs
  • Taxes are not applicable
  • 70% of Training fee as advance
  • 30% of Training fee at the time of Training Hours completion

Proposal Request

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