Full Charge Bookkeeper – Bookkeeping on the Go

About Course

This course through a series of lessons will allow anybody that desires to have the requisite knowledge to become a Full Charge Bookkeeper.

Each week you will have access to a lesson that is designed to be studied whenever or wherever you want to learn.

12 Week Course
2 Lessons per Week
Approx. 30- 45 min per Lesson

Starting July 1, 2021

Course Content

Accounts Receivable Clerk
This program consists of learning the entire AR Cycle. The starting point is when to record the receivable, and for how much. In this program, you will learn general revenue concepts, customer maintenance, invoicing, and analyzing past due receivables. You will also learn the best practices for collections of receivables and appropriately recording them. According to the website salary.com, the average starting salary of an Accounts Receivable clerk is over $38,000 annually to start. According to the website, an Accounts Receivable Supervisor salary is over $65,000 (as of March 29, 2021) and an Accounts Receivable Manager salary is over $88,000 (as of March 29, 2021) .

AR Lesson 1 (VIDEO) – Introduction to Accounts Receivable

35:06
TOPIC 1: What is Accounts Receivable
TOPIC 2: What does a Finance Team Comprise Of?
TOPIC 3: Types of Companies
TOPIC 4: What are Financial Statements?
TOPIC 5: Why is an AR Clerk Important?
TOPIC 6: What is an Accounts Receivable Clerk
TOPIC 7: Relevant Terminology
TOPIC 8: Invoice
TOPIC 9: Cash Collections
TOPIC 10: Policies and Procedures
TOPIC 11: Recap
TOPIC 12: Other AR Clerk Duties
Accounts Receivable Lesson 1: Quiz
AR Lesson 2 (VIDEO) – Customers and Revenue Overview

41:03
TOPIC 1: Who is the Customer?
TOPIC 2: Types of Customers
TOPIC 3: New Customers
TOPIC 4: New Customers: Onboarding
TOPIC 5: Approval of New Customer
TOPIC 6: Customer Account Activity
TOPIC 7: Debits and Credits
TOPIC 8: Sales – Revenue
TOPIC 9: Revenue Recognition
TOPIC 10: Accounting for Revenue
TOPIC 11: Customer Refunds
TOPIC 12: Collections and Write Off’s
TOPIC 13: Other AR Clerk Duties
Account Receivable Clerk 2: Quiz
AR Lesson 3 (VIDEO) – Full Cycle Accounts Receivable

44:11
TOPIC 1: Full Cycle Accounts Receivable
TOPIC 2: Internal Controls
TOPIC 3: Purchase Orders
TOPIC 4: Sales Orders
TOPIC 5: Processing of the Invoice
TOPIC 6: Invoice Remittance
TOPIC 7: System Differences
TOPIC 8: Statements
TOPIC 9: Internal Controls
TOPIC 10: Review of Credits
TOPIC 11: Reconciliation
TOPIC 12: Closing
Account Receivable Clerk Lesson 3: Quiz

Accounts Payable Clerk
This program consists of learning about the full accounts payable cycle - from vendor set up, best internal control practices, to properly recording the appropriate expense or asset - all the way to the payment process. According to the website salary.com, the average starting salary of an Accounts Payable clerk is over $40,000 annually to start. According to the website, an Accounts Payable Manager salary is an average of $90,000 (as of March 29, 2021)

AP Lesson 1 (VIDEO) – Introduction to Accounts Payable

30:07
TOPIC 1: What is Accounts Payable
TOPIC 2: What does a Finance Team Comprise Of?
TOPIC 3: Types of Companies
TOPIC 4: What are Financial Statements?
TOPIC 5: Why is an AP clerk Important?
TOPIC 6: What is an Accounts Payable Clerk
TOPIC 7: Relevant Terminology
TOPIC 8: Invoice
TOPIC 9: Payments
TOPIC 10: Policies and Procedures
TOPIC 11: Recap
TOPIC 12: Other AP Clerk Duties
AP Clerk Lesson 1 Quiz
AP Lesson 2 (VIDEO) – Vendor and Expense Overview

37:21
TOPIC 1: Who is the vendor?
TOPIC 2: Types of Companies
TOPIC 3: Types of vendors
TOPIC 6: Vendor Account Activity
TOPIC 4: New Vendors
TOPIC 5: New Vendors – Onboarding
TOPIC 7: Debits and Credits
TOPIC 8: Expenses
TOPIC 9: Expense Recognition
TOPIC 10: Accounting for Expenses
TOPIC 11: Vendor Refunds
TOPIC 12: Other AP Clerk Duties
AP Clerk Lesson 2 Quiz
Accounts Payable Clerk Lesson 3 (VIDEO) – Full Cycle Accounts Payable

41:38
TOPIC 1: Full Cycle Accounts Payable
TOPIC 2: Internal Controls
TOPIC 3: Purchase Orders
TOPIC 4: Types of Expenses
TOPIC 5: Processing the Invoice
TOPIC 6: Invoice Remittance
TOPIC 7: Best Practices
TOPIC 8: System Differences
TOPIC 9: Internal Controls
TOPIC 10: AP Reconciliation
TOPIC 11: Closing
Accounts Payable Clerk Lesson 3: Quiz
Accounts Payable Clerk Lesson 4 (VIDEO) – Relevant Principles

32:54
TOPIC 1: Relevant Principles
TOPIC 2: Relevant Laws to AP
TOPIC 3: Relevant Principles-Accounting
TOPIC 4: Relevant Principles-Business
TOPIC 5: What is Ethics?
TOPIC 6: What Is Business Ethics?
TOPIC 7: Business & Social Responsibilities
TOPIC 8: Identifying Types of Responsibilities
TOPIC 9: Case Study (I)
TOPIC 10: Case Study (II)
TOPIC 11: Handling Conflicting Social and Business Responsibilities
TOPIC 12: Practical Illustration
TOPIC 13: Ethical Decisions
TOPIC 14: The Basics
TOPIC 15: Balancing Personal and Organizational Ethics
TOPIC: 16 Making Ethical Decisions
TOPIC 17: Overcoming Obstacles
TOPIC 18: Practical Illustration
TOPIC 19: Whistle Blowing
TOPIC 20: Criteria and Risk
TOPIC 21: The Process
TOPIC 22: When You Should “Blow the Whistle”
TOPIC 23: Practical Illustration
TOPIC 24: Ethics in Business (I)
TOPIC 25: Ethics in Business (II)
TOPIC 26: Ethical Safeguards
TOPIC 27: Developing a Code of Ethics
TOPIC 28: Words from the Wise

Full Charge Bookkeeping Lesson 1 – Introduction to Financial Statements
Terminology Cash and accrual Journal and ledger Auditing

Introduction to Financial Statements
Assets
Liabilities
Equity
Revenue
Cost of Goods Sold (COGS)
Expenses
Accounting Period
Review
Keeping Track of Your Business
Accounts Receivable
The Journal
The General Ledger
Cash Management
Lesson 1: Review Questions

Full Charge Bookkeeping Lesson 2 – Deeper Dive into the Financial Statements
In this unit, we will finish up with the basic accounting terms that are bound to impress at the next corporate fundraiser for the IRS.

Deeper Dive into the Financial Statements
Accounts Receivable
Accounts Payable
Depreciation
General Ledger
Interest
Inventory
Journals
Payrolls
Trial Balance
Statement of Retained Earnings
Statement of Cash Flows
Annual Reports
Review

Full Charge Bookkeeping Lesson 3 – Accounting Methods
It’s a simple concept that allows you to record the sale or purchase of an item even if you have not yet received payment.

Accounting Methods
Cash Method
Accrual Method
Difference Between Cash and Accrual
Understanding the Balance Sheet
The Accounting Equation
Double-Entry Accounting
Types of Assets
Types of Liabilities
Equity
Income Statement
Cash Flow Statement
Capital Statement
Budget vs. Actual
Payroll Accounting / Terminology
Gross and Net Wages
Employer Tax Withholdings
Salary Deferrals
Employee Payroll and Benefits
Tracking Accrued Leave
Lesson 3: Review Questions

Full Charge Bookkeeping Lesson 4 – End of Week Procedures
We will be providing you with some basic knowledge with regard to depreciating your assets, reconciling cash, reconciling investments, working with the trial balance, bad debt, as well as posting adjustments and corrections.

End of Period Procedures
Depreciating Your Assets
Reconciling Cash and Investments
Bad Debt
Posting Adjustments and Corrections
Financial Planning, Budgeting and Control
Reasons for Budgeting
Creating a Budget
Comparing Budget to Actual Expenses
Auditing
What is an Audit?
When and Why Would You Audit?
Internal and External
Lesson 4 Review Questions

ANNOUNCEMENT: Now Accepting New Clients. Contact us for further details.

About Course

Starting July 1, 2021

What Will You Learn?

Course Content

AR Lesson 1 (VIDEO) – Introduction to Accounts Receivable

TOPIC 1: What is Accounts Receivable

TOPIC 2: What does a Finance Team Comprise Of?

TOPIC 3: Types of Companies

TOPIC 4: What are Financial Statements?

TOPIC 5: Why is an AR Clerk Important?

TOPIC 6: What is an Accounts Receivable Clerk

TOPIC 7: Relevant Terminology

TOPIC 8: Invoice

TOPIC 9: Cash Collections

TOPIC 10: Policies and Procedures

TOPIC 11: Recap

TOPIC 12: Other AR Clerk Duties

Accounts Receivable Lesson 1: Quiz

AR Lesson 2 (VIDEO) – Customers and Revenue Overview

TOPIC 1: Who is the Customer?

TOPIC 2: Types of Customers

TOPIC 3: New Customers

TOPIC 4: New Customers: Onboarding

TOPIC 5: Approval of New Customer

TOPIC 6: Customer Account Activity

TOPIC 7: Debits and Credits

TOPIC 8: Sales – Revenue

TOPIC 9: Revenue Recognition

TOPIC 10: Accounting for Revenue

TOPIC 11: Customer Refunds

TOPIC 12: Collections and Write Off’s

TOPIC 13: Other AR Clerk Duties

Account Receivable Clerk 2: Quiz

AR Lesson 3 (VIDEO) – Full Cycle Accounts Receivable

TOPIC 1: Full Cycle Accounts Receivable

TOPIC 2: Internal Controls

TOPIC 3: Purchase Orders

TOPIC 4: Sales Orders

TOPIC 5: Processing of the Invoice

TOPIC 6: Invoice Remittance

TOPIC 7: System Differences

TOPIC 8: Statements

TOPIC 9: Internal Controls

TOPIC 10: Review of Credits

TOPIC 11: Reconciliation

TOPIC 12: Closing

Account Receivable Clerk Lesson 3: Quiz

AP Lesson 1 (VIDEO) – Introduction to Accounts Payable

TOPIC 1: What is Accounts Payable

TOPIC 2: What does a Finance Team Comprise Of?

TOPIC 3: Types of Companies

TOPIC 4: What are Financial Statements?

TOPIC 5: Why is an AP clerk Important?

TOPIC 6: What is an Accounts Payable Clerk

TOPIC 7: Relevant Terminology

TOPIC 8: Invoice

TOPIC 9: Payments

TOPIC 10: Policies and Procedures

TOPIC 11: Recap

TOPIC 12: Other AP Clerk Duties

AP Clerk Lesson 1 Quiz

AP Lesson 2 (VIDEO) – Vendor and Expense Overview

TOPIC 1: Who is the vendor?

TOPIC 2: Types of Companies

TOPIC 3: Types of vendors

TOPIC 6: Vendor Account Activity

TOPIC 4: New Vendors

TOPIC 5: New Vendors – Onboarding

TOPIC 7: Debits and Credits

TOPIC 8: Expenses

TOPIC 9: Expense Recognition

TOPIC 10: Accounting for Expenses

TOPIC 11: Vendor Refunds

TOPIC 12: Other AP Clerk Duties

AP Clerk Lesson 2 Quiz

Accounts Payable Clerk Lesson 3 (VIDEO) – Full Cycle Accounts Payable

TOPIC 1: Full Cycle Accounts Payable

TOPIC 2: Internal Controls

TOPIC 3: Purchase Orders

Full Charge Bookkeeping Lesson 1 – Introduction to Financial Statements
Terminology Cash and accrual Journal and ledger Auditing

Full Charge Bookkeeping Lesson 2 – Deeper Dive into the Financial Statements
In this unit, we will finish up with the basic accounting terms that are bound to impress at the next corporate fundraiser for the IRS.