Academy of Practical Accounts

Small Business Accounts Academy of Practical Accounts

Using software for a simple reporting format, people learn to Practice Accounts in a much shorter period. But it requires time for Practice and Assignments. This is Practical Bookkeeping and Accounts using Mobile software. It is guidance towards the Copy of information from Documents, Verifying Recorded Information, Presenting Period and Stock Management Reports, plus Year End Reports including a Tax Return. It's a Practical Guide to Graduates, Students, Freelancers, Self Employed, Business Managers, etc. Practical Accounting Skills in such a short period. It has 2 Demo businesses. A build up from Module 1 which gives a basic App Overview, illustrates the recording of 10 types of documents, uses 1 income and 1 Expenses account, and discusses 11 Reports including a Simple Tax Return. Module 2 is experience building which reviews the M1 coverage. It discusses some underlying knowledge like the Chart of Accounts, reviews more App Features including Backup and Restore, abit of definitions and explanations, Opening Balances, discusses about 40 types of transactions and documents, Verification and Reconciliation, 13 Stock Management Reports, and 20 Year End Reports including a Tax Return. It analyses the Incomes and Expenses onto separate Accounts. Module 1 can be accomplished using the Free Android App "Free Accounts Module 1". However, module 2 requires the paid App "Small Business Accounts Suite". To get a fair amount of appreciation, the minimum is covering the first 2 modules. However, Trainee Bookkeepers and Accountants should Progress to Module 6, taking the 5 optional examinations for a Certificate.