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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 Bookkeeping Made Simple 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 Bookkeeping Made Simple.
This comprehensive course offers an in-depth exploration into the intricacies of conducting bank reconciliations and completing a UK VAT return efficiently using Microsoft Excel. Aimed at individuals in the accounts and finance domain or those contemplating a career in accountancy or bookkeeping, this course serves as an invaluable resource in honing practical skills crucial for financial management. By delving into fundamental terminology such as bank reconciliation, nominal codes, and VAT (codes and rates), participants gain a holistic understanding of the key elements underpinning financial processes.
The course is meticulously structured to guide learners through practical bookkeeping using a downloadable Excel template, specifically designed for cash basis transactions. The inclusion of the template allows participants to actively engage with the material, applying theoretical concepts in a hands-on manner. This template functions as a cashbook, facilitating the recording of financial transactions in alignment with cash basis principles. As an expert in this field, I highlight the significance of adopting a cash basis approach, providing learners with practical insights into managing finances in a way that reflects real-world business scenarios.
One distinctive feature of the course is its focus on UK VAT laws and rules, ensuring that participants grasp the nuances of VAT return preparation within the regulatory framework. The course not only elucidates the technicalities of using figures obtained from bookkeeping for VAT returns but also integrates a worked example of a bank reconciliation, offering a practical application of the acquired knowledge. The template’s embedded nominal codes, a crucial aspect of financial coding, are thoroughly explained, elucidating their role in facilitating efficient bookkeeping processes.
Course Key Topics
the Bookkeeping Made Simple course is divided into 8 modules.
1 . Introduction
- Aims of the course and intro to the tutor
- Organising your bookkeeping records
- Computerised systems
- Downloadable Resource
2 . The theory and manual bookkeeping
- History and principles behind the ledgers
3 . Worked example
- Intro to Flower Power Ltd
- Download the template – explanation of the tabs
- Enter income received
- Enter expenses incurred
4 . Bank reconciliation
- Reconciling items
- Recap on the bank reconciliation
5 . VAT Returns
- General overview of VAT and how it works in the UK
- Do the VAT return
6 . Higher-level bookkeeping
- Adjustments
- Reporting
- Simple Profit and Loss – Month 1
7 . Homework – Month 2
- Month 2 – enter income
- Month 2 – enter payments
- Entering credit card transactions
- Reconciling items
- VAT return
- Reports and results – month 2
8 . Conclusion
- Next steps
(Please click on the curriculum tab above to see a detailed view of each module)
Tutor Support
Our Bookkeeping Made Simple 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 Bookkeeping Made Simple 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 Bookkeeping Made Simple 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 Bookkeeping.
Course Duration
We recommend you spend approximately 2 hours of your time studying for Bookkeeping Made Simple 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 Bookkeeping Made Simple.
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 Bookkeeping Made Simple 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 Bookkeeping Made Simple 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 Bookkeeping Made Simple 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.
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Course Content
Bookkeeping Made Simple – FREE Course Starter Pack
Module 1 – Introduction
Module 2 – The theory and manual bookkeeping
Module 3 – Worked example
Module 4 – Bank reconciliation
Module 5 – VAT Returns
Module 6 – Higher-level bookkeeping
Module 7 – Homework – Month 2
Module 8 – Conclusion
Course Resources
Final Exam
College Announcements
🔍 Master Bookkeeping with £50 OFF the Course! 📚💰
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Use code BOOK50 at checkout before the month concludes!
🌟 Why Opt for Our Bookkeeping Course
Presented by Open Learning College, this course is your key to mastering the fundamentals of bookkeeping. Dive into comprehensive modules covering essential topics—from understanding financial transactions to creating balance sheets and income statements. Gain practical experience in managing finances with confidence and precision.
💡 What Sets Our Course Apart
Expert Guidance: Benefit from experienced tutors providing support throughout your bookkeeping learning journey.
Real-World Skills: Acquire practical knowledge crucial for success in the field of financial management.
Flexible Learning: Tailor your studies to your schedule with 24/7 access to course materials.
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*This discount code cannot be used in conjunction with any other offer.
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