VTCT Skills
Level 2
QN: 601/4954/1
Curriculum Active
VTCT Skills Level 2 Certificate in Computerised Accounting for Business (RQF)
Official qualification regulated by Ofqual, awarded by VTCT Skills. Classified as a Occupational Qualification. Total guided learning hours: 104 hours.
Qualification Level
Level 2
Awarding Body
VTCT Skills
Syllabus Units
8 Units
Guided Hours
104 hrs
Instant access to interactive lessons, quizzes, and spaced revision.
Course Syllabus & Study Modules
Complete breakdown of verified curriculum topics and learning objectives.
1
Banking procedures
Verified
Key Learning Objectives:
- Understand the banking process
- Understand document retention and storage requirements.
2
Maintaining and reconciling the cash book
Verified
Key Learning Objectives:
- Maintain a columnar cash book, Reconcile a bank statement with the cashbook
3
Maintaining the journal
Verified
Key Learning Objectives:
- Open a new set of double entry bookkeeping records using the journal
- Use the journal to correct bookkeeping errors
- Use the journal to record bad debts
- Use the Journal to account for wages, salaries and employer on-costs
4
Principles of recording and processing financial transactions
Verified
Key Learning Objectives:
- Understand the role of the books of prime entry
- Understand the principles of coding
- Understand the double entry bookkeeping system
- Understand the various types of discount
- Understand the use of the journal
- Understand control accounts
- Understand the Purpose of the Trial Balance
5
Principles of VAT
Verified
Key Learning Objectives:
- Understand current VAT regulations
6
Process routine payments and receipts using a computerised system
Verified
Key Learning Objectives:
- Be able to enter and/or restore data using a Computerised Accounting Package
- Be able to process petty cash payments and receipts
- Be able to process non-credit payments and receipts
- Be able to correct transaction errors
- Be able to process salary journals
- Be able to carry out bank reconciliation
- Be able to produce reports using selection criteria and parameters
7
Professional values and basic business legislation
Verified
Key Learning Objectives:
- Understand the importance of integrity and professionalism
- Understand that legislation exists relating to the workplace
- Know the fundamental principles of money laundering legislation
8
Setting up accounting software to manage accounting information
Verified
Key Learning Objectives:
- Be able to enter and/or restore data using a Computerised Accounting Package at the start of the financial year
- Be able to set up Assets, Liabilities, Capital and Budgets
- Be able to record customer and supplier invoices and credit notes
- Be able to process receipts from customers
- Be able to process payments to suppliers
- Be able to process non-credit payments and receipts
- Be able to process Journals
- Be able to produce reports using selection criteria and parameters
Regulatory & Verification Details
- Qualification Number (QN)
- 601/4954/1
- Regulated Status
- Available to learners
- Awarding Body
- VTCT Skills
- Qualification Type
- Occupational Qualification
- Operational Start
- Dec 2014