BUSY ACCOUNTING ESSENTIALS

BUSY ACCOUNTING ESSENTIALS

Course Overview

This 20-hour Busy Accounting Essentials course is designed to provide participants with a solid foundation in using Busy Accounting software for managing their business finances. Through hands-on exercises and real-world examples, students will learn how to set up Busy Accounting, record transactions, manage accounts, generate reports, and utilize essential Busy Accounting features.

Course Objectives

Upon completion of this course, participants will be able to:

  • Set up a new Busy Accounting company file
  • Record various types of transactions (sales, purchases, expenses, etc.)
  • Manage customer and supplier information
  • Reconcile bank and cash accounts
  • Create and customize invoices and receipts
  • Track inventory (if applicable)
  • Generate essential financial reports
  • Understand basic Busy Accounting navigation and terminology

Course Syllabus

Module 1: Busy Accounting Introduction and Setup (3 hours)

  • Understanding Busy Accounting and its benefits
  • Setting up a new company file
  • Company information and preferences
  • Chart of accounts setup
  • Creating groups and ledgers
  • Creating customers and suppliers

Module 2: Accounting Transactions (4 hours)

  • Recording sales and purchases
  • Creating receipts and payments
  • Journal entries
  • Inventory management (if applicable)
  • Handling cash and bank transactions

Module 3: Inventory Management (3 hours)

  • Setting up inventory items and categories
  • Stock valuation methods
  • Stock adjustments
  • Stock reports

Module 4: Accounts Receivable and Payable (3 hours)

  • Managing customer and supplier accounts
  • Creating invoices and credit notes
  • Recording receipts and payments
  • Ageing analysis

Module 5: Banking and Reconciliation (3 hours)

  • Bank reconciliation
  • Cheque management
  • Cash book entries

Module 6: Reports and Analysis (4 hours)

  • Generating profit and loss statements
  • Creating balance sheets
  • Cash flow statements
  • Ratio analysis
  • Customizing reports

Teaching Methodology

  • Lectures and demonstrations
  • Hands-on exercises
  • Case studies and real-world examples
  • Q&A sessions

Assessment

  • Assignments and quizzes
  • Final project (creating a sample company file and generating reports)

Total Fees: 20,000/=
Total Duration: 20 Hours (2 hours  x  10 Classes)
Training Mode: Individual Training, your own timetable

Live Online Classes  or Face to Face Direct Classes with our expert trainers.
Call +94 (0) 722000999 / +94 (0) 755123111 www.iss.lk. Medium : සිංහල / தமிழ் / English