INSIDEBUSINESS LEOcoursesin bookkeeping

LOCAL Enterprise Office (LEO) Wicklow will run two separate bookkeeping courses during the months of November and December.

A ‘Bookkeeping for small businesses’ course will take place at Wicklow County Campus, Rathnew over two days from 9.30 a.m. to 5 p.m. on Thursday, November 19, and Thursday, November 26. The cost is €120 and the trainer will be Emma McKernan of Emma McKernan & Co.

The objective of the course is to equip start-ups and SMEs with the tools and knowledge to maintain and understand their books and records. It will also help participants to be aware of their obligations under the Consolidated Tax Acts, and to be comfortable in dealing with their advisors.

The course will cover the need for proper books of accounts and their relationship to year-end accounts; the obligation to maintain proper books and records for Revenue; and the importance of maintaining clear bank records, income and expenses and assets and liabilities.

There will also be a brief explanation of double entry and talks on the importance of cash flow. The Revenue Online Service (ROS) will also be covered, including its functions, how to use it and how to find your information on ROS.

A bookkeeping course using Excel will take place at the same location on Thursday, December 3, from 9.30 a.m. to 5 p.m. The one-day course costs €60. This course will work in conjunction with the ‘Bookkeeping for small businesses’ course. According to LEO Wicklow, it’s imperative that participants either complete that two-day course or have a strong understanding of bookkeeping principles before undertaking the one-day ‘Bookkeeping using Excel’ course.

The objective of this course is to make the attendees comfortable in using Excel, giving them the basic knowledge to develop their bookkeeping system. The course will cover topics such as how to use Excel, setting up your bookkeeping system, use of formula and links, Pivot tables, formatting your intention and backing up your data.