Get this course FREE when you enrol on any course with an OLC course code.
Course Overview
Embark on a transformative learning journey with the UK’s most innovative home study provider, offering courses designed to unlock your true potential and facilitate the career change you desire. Access our distance learning courses directly from anywhere, anytime, and acquire industry-recognised Professional Qualifications essential for advancing in your career.
Specifically, explore the flexible and convenient Basic Accounting Transactions course, an ideal way to gain a diploma qualification. Whether you aim for further education, improved job prospects, or expanded knowledge, this comprehensive course allows you to prepare thoroughly for exams or careers through home study. Plus, it’s structured to be accessible and beneficial even if you have no prior knowledge in Basic Accounting Transactions.
This comprehensive course on foundational bookkeeping skills has been expertly designed to cater to a diverse audience, ranging from beginners eager to embark on their bookkeeping journey to individuals seeking to refresh and enhance their existing knowledge in this critical domain. Crafted with clarity and precision, the course utilises easy-to-follow animations and detailed explanations, promising learners a seamless understanding of the core skills essential for proficient bookkeeping.
One of the course’s distinguishing features lies in its versatile learning resources, seamlessly integrating informative videos, interactive quizzes, and practical exercises. This well-rounded approach accommodates varied learning preferences and ensures a robust educational experience. By incorporating real-world examples and theoretical insights, the course bridges the gap between conceptual understanding and practical application, fostering a deeper appreciation for the intricacies of bookkeeping.
For novices, the course serves as a comprehensive initiation into the nuances of bookkeeping. The structured curriculum systematically covers fundamental accounting terms, rules governing the recording of common business transactions, and overarching principles that form the bedrock of effective bookkeeping practices. Through this, learners gain a holistic understanding of financial documentation and the pivotal role accurate record-keeping plays in organisational success.
Course Key Topics
the Basic Accounting Transactions course is divided into 4 modules.
1 . Introduction
- Introduction
2 . Basic Accounting Terms
- Bookkeeping and Accounting
- Assets, liabilities, owners equity and accounting equation
- Revenues, expenses and expanded accounting equation
- Transactions
- Accounts
- Accrual system
- Double-entry system
- Recording transactions
3 . Common Transactions
- Purchase on credit
- Cash purchase
- Sale on credit
- Cash sale
- Unearned revenues
- Prepaid expenses
- Unrecorded expenses
- Unrecorded revenues
- Depreciation
- Types of discounts
- Discount allowed
- Discount received
4 . Practice
- Exercise 1
- Exercise 2
- Exercise 3
- Exercise 4
- Exercise 5
(Please click on the curriculum tab above to see a detailed view of each module)
Tutor Support
Our Basic Accounting Transactions course is designed to provide you with comprehensive materials to guide you through your learning journey. You’ll have the support of your own personal tutor, who will be there to assist you with your coursework and answer any questions you may have. Furthermore, our Student Advisors are always available to provide you with practical advice and guidance via the online portal, email or phone, ensuring that you’re fully supported throughout your studies.
Course Assessments
The Basic Accounting Transactions course at Open Learning College is designed to provide a comprehensive and flexible learning experience. Unlike traditional exam-based courses, our course is marked through a process of continuous assessment, which is guided by your personal tutor and is an un-regulated course awarded by the Open Learning College via the Open Pathway Accreditation programme (OPA.dip).
This means that you won’t have to worry about memorising information for a final exam. Instead, you will have the opportunity to learn at your own pace and apply your knowledge through practical assignments and quizzes at the end of each module. Our online platform allows you to access the course from anywhere and at any time.
Once your assignments have been verified and assessed, you will be awarded a certificate of achievement from Open Learning College. This certificate confirms that you have met all of the learning outcomes and assessment criteria for the Basic Accounting Transactions course, and demonstrates your competency and knowledge in this field. With this qualification, you can advance your career or pursue further studies in the field of Basic Accounting Transactions.
Course Duration
We recommend you spend approximately 1 hour of your time studying for Basic Accounting Transactions course. The pace of study is completely up to you.
Get started today, and you can earn your Open Pathway Accreditation Diploma (OPA.dip) in Basic Accounting Transactions.
Course Entry Requirements
At Open Learning College, we firmly believe that education should be accessible to everyone, regardless of their background or previous education experience. That’s why we’ve designed our Basic Accounting Transactions course to be open to anyone who is interested in learning more about this fascinating subject, without any prior knowledge or experience required.
We want to give everyone the opportunity to expand their knowledge and take part in a highly rewarding online course, which is why we keep our entry requirements to a minimum. This means that you can start the course at any time and study at your own pace for up to 12 months from the date of initial registration, with the full support of a personal tutor.
Course Enrolment Fees
We want to make sure that you get the best value for your money, which is why we have included the registration fee, certification fee, and full tutor support in the course price. Enrolling in the Basic Accounting Transactions course would usually cost £123.75, but for a limited time, you can get a 20% discount and pay only £99 if you enrol online and pay in full.
Note: Instalment plans are not available to our international students.
Course Qualifications
This course is certified by the Open Learning College via the Open Pathway Accreditation Programme.
You will receive the Open Pathway Accreditation Diploma (OPA.dip) from Open Learning College.
What’s Included
Your course fee covers everything you will need to successfully complete the Basic Accounting Transactions online study course and earn your qualification:
A full range of student services, including:
- All textbooks, study folders, and/or online learning aids designed for online learning
- Life-time access to the online student portal Xperience™ (Student Chat, Forums and Online Support Resources)
- Comprehensive Study Guide & Study Plan
- PDF certificate to show employers (employer has access to certificate validation)
- Life-time access to Career Hub our dedicated portal to support our students career aspirations.
- Invitation to job fairs and career days for your business faculty.
- A diploma from the Open Learning College from our Open Pathway Accreditation programme (OPA.dip).
- One year’s educational support by a specialist tutor in your chosen course field.
Get Social!
Get Social!“Join our socials for daily inspiration, discounts, insightful content, and a community of like-minded learners.”
Scan the QR code with your phone camera and like and follow us or click on the QR code to open our social pages.
ENROL NOW
Course Content
Basic Accounting Transactions – FREE Course Starter Pack
Module 1 – Introduction
Module 2 – Basic Accounting Terms
Module 3 – Common Transactions
Module 4 – Practice
Course Resources
Final Exam
College Announcements
💳 Master Basic Accounting Transactions with £50 OFF! 📊💰
Ready to delve into the fundamentals of accounting transactions?
For a limited time, seize the opportunity to enrol in our Basic Accounting Transactions course with an exclusive £50 discount!
Use code ACCOUNT50 at checkout before the month concludes!
🌟 Why Choose Our Basic Accounting Transactions Course
Presented by Open Learning College, this course is designed to provide a solid foundation in accounting principles and transactions. Explore essential modules covering ledger entries, financial statements, and practical applications to develop your accounting skills.
💡 What Makes Our Course Shine
Expert Guidance: Benefit from experienced tutors providing support throughout your learning journey.
Practical Learning: Acquire hands-on experience with real-world accounting scenarios.
Flexible Learning: Tailor your studies to your schedule with 24/7 access to course materials.
Don't miss this chance to enhance your accounting skills at a discounted rate! Enrol now, use code ACCOUNT50* at checkout, and embark on your journey towards mastering basic accounting transactions. 📊💰🕵️♂️
*This discount code cannot be used in conjunction with any other offer.
Related courses
Showroom Retailing Level 3 (QLS) Course
Retail Associate Level 3 (QLS) Course
Personnel Skills Level 2 (QLS) Course
Office Management Skills Level 3 (QLS) Course
Olivia Foster