Professional Bookkeeping and Accounting 2: Bank and Petty Cash

1

Alison Review

Location

Online(Course Link)

Dates

On Demand

Course Categories

Business and Management

Certficate

Yes()

Language

English

Course Fees

Free

No. of Attendant

Unlimited

Acquired Skills/Covered Subjects

  • Describe how to raise petty cash vouchers,Explain how to enter petty cash transactions to the petty cash daybook,Describe how to close the daybook and calculate the balance carried down,Describe how to reconcile the petty cash,Describe how to check remittance advice
Provider Name Alison
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Website https://alison.com/
About The Provider

Alison is one of the world’s largest free learning platforms for education and skills training. It is a for-profit social enterprise dedicated to making it possible for anyone, to study anything, anywhere, at any time, for free online, at any subject level. Through our mission we are a catalyst for positive social change, creating opportunity, prosperity, and equality for everyone.

Alison was founded in Galway, Ireland, in 2007 and has grown organically to become a major force in free online education and skills training. Today, with more than 13 million learners in 195 countries, Alison is changing how the world learns and up-skills.

They are committed to equality and access to education and skills training irrespective of gender, geography, economic status or any other barriers that can so often stunt potential. So they offer a range of free courses that meet the many diverse needs of our learners. The UN declared in Article 26 of the 1946 Declaration of Human Rights that “Education shall be free…”. This statement will always inspire us.

Alison was founded by Alison CEO, Mike Feerick. Mike is a businessman, but one with a difference. He believes in social impact, and that you can build a financially successful business focused on meeting a huge global social need, making education and skills training more accessible for everyone. He invites anyone who believes that too, to support the Alison mission.

Alison is free of charge to you. But it’s still a business – albeit a socially-focused one. We are a social enterprise making our money through advertising, merchandise, and the sale of Certificates and Diplomas, should a graduate choose to buy one.

The free online course Professional Bookkeeping and Accounting 2: Bank and Petty Cash introduces you to both the prime books of entry and cross totting (you will need a working understanding of these throughout this course). You will also be presented with the case study that will be used in the activities in sections 2 and 3 of this course.

In section 2 the course teaches about Petty Cash. The course will walk you through each step of the petty cash process from raising petty cash vouchers, entering data to the daybook and reconciling and replenishing the petty cash. Throughout this section you will have a number of activities to complete using the case study presented in Section 1 and these activities will give you the opportunity to: Raise petty cash vouchers; Enter petty cash transactions to the petty cash daybook; Close the daybook and calculate the balance carried down;  Reconcile the petty cash; and Replenish the petty cash.

Section 3 of this course is about Banking Transactions. Throughout this section you will have a number of activities using the case study presented in section 1 and these activities will give you the opportunity to: Check remittance advice; Enter payments and receipts to the 3 column and analysis cash book; Close the cash book and calculate the balance carried down; and Reconcile the bank. This course will  be of great interest to all learners who are interested in a career in bookkeeping or accounting. The course contains a case study that you will use throughout this course, workbooks to download, and activities to complete. So start this course today and learn valuable skills in basic bookkeeping and accounting.

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