Get updates on Eligibility, Admission, Placements Fees Structure
Quick Facts
| Medium Of Instructions | Mode Of Learning | Mode Of Delivery |
|---|---|---|
| English | Self Study | Video and Text Based |
Course Overview
Professional bookkeepers are an essential component of every organization. In absence of them, businesses would struggle to retain monetary clarity and maintain adequate records required to make critical operational and finance choices. The Bookkeeping online course covers a variety of auditing concepts and includes education on issues such as inventory management, VAT responsibility, accounting records, and annual returns.
The Bookkeeping training teaches students how to complete diary entries, arrange ledgers, and produce accurate, dependable accounting information. The course helps to Improve the capacity to positively affect the organisation while receiving formal confirmation of talents from Africa's premier institution.
According to the Guidant Financial Report, 13% of small business owners consider bookkeeping as one of their prime difficulties. Similarly, a report by Accounting Today states that big accounting companies with more than 50 employees spend 25% of their time on bookkeeping tasks. The Bookkeeping syllabus ensures minimising the waste of time and increases the productivity of the firm.
The Highlights
- Self-paced learning
- Shareable certificate
- Online learning
- Split option of payment
- 9 weeks duration
- Course provider Getsmarter
- Projects and assessments
- University of Cape Town offering
- Downloadable resources
- 7-10 hours per week
Programme Offerings
- Case Studies
- quizzes
- Self-paced learning
- Infographics
- Live polls
- video lectures
- Offline resources
- online learning.
Courses and Certificate Fees
| Certificate Availability | Certificate Providing Authority |
|---|---|
| yes | UCT Cape Town |
Fee type | Fee amount in INR |
Bookkeeping fees | Rs. 71,183 |
The Bookkeeping fees are Rs. 71,183. Candidates will have to pay the fee amount at once or they have an option to choose a split payment option to pay the total fee amount in 3 payments. If the candidate chooses a split mode of payment, an additional 3% cost will be charged as an admin fee. Candidates can pay the fee using a debit or credit card and EFT or bank transfer.
Installment Plan
| 1st installment | Required before: 2025-02-25 | Amount Due: ₹23,728.00 INR |
| 2nd installment | Required before: 2025-03-27 | Amount Due: ₹23,728.00 INR |
| 3rd installment | Required before: 2025-04-26 | Amount Due: ₹23,727.00 INR |
Eligibility Criteria
Certification Qualifying Details
Candidates will have to meet all the requisites mentioned in the course material book including completion of assignments, submission of projects, participation in quizzes, polls, classroom activities, and fulfill the minimum attendance requirement to qualify for the Bookkeeping certification. Candidates are assessed via a series of practice assessments and tests. Candidates must meet all the course material book requirements to qualify for certification.
What you will learn
After the completion of Bookkeeping online training, candidates will gain knowledge of fundamental concepts, ideas, and procedures that drive good bookkeeping. Candidates will learn how to record, analyze, and present financial data for any organization. Learners will be able to handle creditor's and debtor's invoices as well as generate reconcile bank statements.
Who it is for
- Students who want to learn about the instruments and techniques required for bookkeeping can enrol in this course.
- Professionals enthusiastic about a future in accountancy, and those who require these abilities to flourish in their existing position.
- Professionals seeking to advance their careers in finance and develop an understanding of accounting concepts, as well as financial industry professionals seeking to authenticate their expertise with a UCT completion certificate.
Admission Details
The admission procedure is hassle-free, follow the steps mentioned below to get admission in the Bookkeeping tutorial:
Step 1. Visit the getsmarter official course webpage
Step 2. Click the ‘Register Now’ button to start the registration
Step 3. Agree with the course provider’s terms and conditions and save to proceed
Step 4. Generate your profile on the provider's website
Step 5. Provide the optional sponsor details and billing address
Step 6. Pay the amount fee and begin the online class.
The Syllabus
- Identify the purposes and uses of accounting information
- Define the different elements of accounting that make up the balance sheet, such as assets, liabilities, and equity
- Review the accounting equation
- Recognise the purposes of an income statement
- Outline the basic principle of double entry
- Practise recording the transactions in a business by means of the double entry principle and cross-referencing
- Select the correct bookkeeping principles that are applicable to certain scenarios and calculations
- Identify what an inventory system is, with inventory, income, and expense elements
- Calculate the sales, cost of sales, and gross profit figures using both systems
- Review how to account for inventory in the ledger, using debits and credits
- Explain the method of using a ‘perpetual inventory system’
- Explain the method of using a ‘periodic inventory system’
- Apply the accounting equation, and calculate the cost of sales and margins
- Outline what constitutes output and input VAT
- Identify who is required to and who may register as VAT vendors, as well as the registration requirements
- Review the tax submission requirements and penalties
- Identify the different tax categories and types of supplies
- Show the difference between the invoice and payments basis on which VAT can be accounted
- Calculate VAT liability, including when input VAT is denied, and how to apportion and adjust VAT
- Use the appropriate calculations in given scenarios to work out the VAT implications
- Outline the responsibilities of a bookkeeper
- Identify the uses and users of a business’s financial information
- Analyse the monthly accounting process and how transactions are recorded to produce financial statements
- Identify which transactions are recorded in the general ledger
- Use specific journals while identifying which transactions should be recorded in the cash receipts, cash payments, and petty cash journals
- Complete the cash receipts and cash payments journal, and fill in debited and credited transactions
- Practise using the purchases and purchase allowances journals for credit purchases and returns
- Outline how to use the sales and sales allowances journals for credit sales and returns
- Identify the source documents required for recording transactions in the purchases and sales allowances journals
- Identify and process transactions in the relevant journals
- Identify the correct principles that should be used to process certain transactions
- Identify the differences between manual and computerised bookkeeping
- Outline how transactions recorded in the specialised journals are posted to the general ledger
- Practise how to balance accounts in the general ledger
- Use the balanced general ledger to prepare a trial balance
- Practise completing general ledger accounts, trial balances, and general journals
- Explain the necessity of maintaining a record of transactions for debtors’ and creditors’ accounts
- Practise preparing accounts payable subsidiary ledgers
- Practise preparing accounts receivable subsidiary ledgers
- Review accounts payable and receivable sub-ledgers
- Explain the necessity of creditors reconciliations
- Show which principles for managing debtors and creditors ledgers are used in different examples
- Differentiate between cash and profit, and learn the importance of cash flow
- Review how transactions with the bank are recorded in the bank’s records
- Compare how banks and businesses record transactions differently
- Outline the differences that could occur between the bank account in the general ledger and the bank statement
- Apply the steps in the process of preparing a bank reconciliation
- Complete journal entries, and prepare the various statements and ledgers for given examples
- Complete a VAT 201 statutory return, using general ledger VAT accounts
- Complete the cash journals and VAT general ledger accounts to reflect payment or refunds for VAT
- Review employee-related expenses and taxes in the wages and salaries ledger
- Complete the EMP 201 statutory return for taxes and levies owing to SARS
- Complete the cash journals, and employee and SARS control accounts for employee-related expenses and taxes
- Calculate monthly statutory returns for VAT and employees’ taxes
Instructors
UCT Cape Town Frequently Asked Questions (FAQ's)
Bookkeepers are in charge of presenting correct and up-to-date accounting data about the business.
The 2 types of bookkeeping are single-entry bookkeeping and double-entry bookkeeping.
Anyone can become a bookkeeper by doing a certification course by UCT.
By doing an online bookkeeping course, one can easily become a bookkeeper in India.
The Bookkeeping course for beginners by the University of Cape Town takes 9 weeks to complete.