This is the second subject in the AT SA Accounting Technician NQF Level 3 Certificate Programme. Basic Accounting 2 teaches the student to maintain and reconcile the cashbook, do banking procedures, maintain petty cash records, the journal and control accounts.
Description
This is the second subject in the AT SA Accounting Technician NQF Level 3 Certificate Programme. Basic Accounting 2 teaches the student to maintain and reconcile the cashbook, do banking procedures, maintain petty cash records, the journal and control accounts.
Accreditation
Accounting Technicians of South Africa as a Quality Assurance Partner of FASSET.
Qualification
SACOB Certificate of Completion.
This subject forms part of a national qualification. On completion of this subject and the remainder of the subjects in this level you will receive a national certificate.
Requirements
There are no formal entry requirements in terms of qualifications, but learners must have a good level of literacy and numeracy and must be able to complete assessments in English. No prior accounting knowledge needed.
Duration
This subject can be completed in 3 months.
Subjects
Maintain a three column analysed cash book
Reconcile a bank statement with the cashbook
Prepare sales and purchase ledger and tax control accounts
Reconcile sales and purchase ledger and tax control accounts
Open a new set of double entry book keeping records using the Journal
Use the Journal to correct errors disclosed and not disclosed by the trial balance
Create and clear a suspense account using the Journal
Use the Journal to record other transactions
Understand the banking process
Understand document retention and storage requirements
Complete a petty cash voucher
Maintain an analysed petty cash
Maintain the petty cash balance
Understand the banking process
Understand document retention and storage requirements
Complete a petty cash voucher
Maintain an analysed petty cash book
Maintain the petty cash
Packages
This course is available via the Online Premium package. This package includes the following:
Online Premium:
- Textbooks
- Introduction Video
- Exam Info
- Q & A Platform
- Concept Videos
- Forums
- Exam Timetable
- Study Schedule
- Multiple Mock Exams & Solutions
- LIVE Webinars via Zoom
- Recording of the LIVE Webinars
- Quizzes
- Exam Walkthrough (Pre-recorded)
Assessment
This course is assessed through a Computer based test (centrally set and assessed by AT SA).
What's next
You can continue your studies with SACOB and AT(SA) and complete more subjects that make up this qualification.
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