This unit provides you with the basic knowledge and skills to understand the bookkeeping cycle, the creation of source documents to provide information for recording in the accounts of a business and the recording of transactions in the accounts and preparation of interim reports.
This unit covers the recording of financial documents in journals, posting to the general ledger, preparing trial balances, preparing subsidiary ledgers, bank account reconciliation and balance day adjustments.
Unit Topics Include: Bookkeeping to trial balance, Maintaining an asset register, Processing journal entries, Updating the general ledger, Closing the ledger, Preparing financial reports, Handling bad debts and balance day adjustments in the next accounting period.
This unit requires the application of skills and knowledge to required to prepare and document operational budgets, focusing on the following learning elements: Budget objectives, cash, revenue and expenditure, milestones, performance indicators and budget periods.
Unit Topics Include: Identify cash, revenue and expenditure items that are relevant to the objectives of a budget, Ensure the budgets objectives are consistent with the organisations aims, projects and forecasts, Discussions and negotiations with the organisations stakeholders promote goodwill and cooperation, Milestones and performance indicators are identified and included within the budget, Annual budgets are broken down into seasonal periods to review operational trends, Data from the budget is presented in a format that is appropriate and easy to understand, Budget reports are completed in a timely manner and distributed for specified periods and projects (Trading organisation & Service organisation) & Other expenditure and revenue items are identified.
This unit introduces students to the practical concepts of utilising spreadsheets within a business environment using foundation and advanced functions in Microsoft Excel to assist with business reporting, databases and general business requirements.
This workbook provides the student with the basic knowledge and skills to set up & operate a computerised accounting system using MYOB AccountRight V19 to manage the financial accounting and reporting requirements of a small to medium enterprise.
Unit Topics Include: Double entry bookkeeping principles, Exploring MYOB, Banking command centre, Reconciling your cheque account, File management and error correction, Sales command centre, Purchases command centre, End of year procedures and adjustments, Creating a new data file, Setting up a fixed asset register using AssetManager Pro, Introduction to preparing the Business Activity Statement & End of year adjustments.
This unit describes the skills and knowledge required to maintain the effectiveness of business technology in the workplace. It includes maintaining existing technology and planning for future technology requirements. It applies to individuals with a broad knowledge of business technology who may be required to contribute well-developed skills in creating solutions to maintenance and upgrade issues with existing technology. They may have responsibility to provide guidance or to delegate aspects of these tasks to others.
This unit describes the skills and knowledge required to organise meetings including making arrangements, liaising with participants, and developing and distributing meeting related documentation. It applies to individuals employed in a range of work environments who are required to organise a variety of meetings. They may provide administrative support within an enterprise, or have responsibility for these tasks in the context of a particular team, workgroup or project.
This unit describes the skills and knowledge required to plan documents, draft text, prepare final text and produce documents of some complexity. It applies to individuals who work in a range of business environments and are skilled in the creation of reports, information and general promotion documents that are more complex than basic correspondence, memos or forms and that require review and analysis of a range of information sources.
This unit describes the skills and knowledge required to report financial activity for business both in response to client requests and to meet statutory requirements such as the completion of financial reports. This unit applies to individuals with a broad knowledge of financial activities who contribute financial skills and knowledge to address reporting requirements of clients and legal authorities. They may have responsibility to provide guidance or to delegate aspects of these tasks to others.
This unit describes the skills and knowledge required to understand the fundamentals of internet computing and cloud services. It involves undertaking a basic review of business computing needs and identifying options for introducing cloud computing services into a small business or work area in an organisation. It applies to individuals who use problem-solving skills and take responsibility for adopting and promoting approaches to improve business operations.
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