Whether you’re looking to refresh your current knowledge, returning to the workplace, or starting your own business, bookkeeping is a valuable skill for anyone in business.
There are thousands of small businesses operating in Australia, and many will seek to outsource their bookkeeping. This offers an attractive opportunity to own your own business and work your own hours.
The Certificate of Bookkeeping is a professional development program that will provide you with the skills and knowledge required to work effectively in any entry-level bookkeeping or accounting role.
In this comprehensive online bookkeeping course, you will learn to process financial transactions, extract interim reports, establish subsidiary accounts and ledgers and prepare financial reports.
You will also acquire knowledge in policies and practices, manual and computerised bookkeeping systems, compliance, business taxation requirements, payroll and more.
On completion of this course, you will feel confident in handling bookkeeping for a family business or to pursue a career as a professional bookkeeper.
Note: To provide BAS services in Australia, agents must be registered with the Tax Practitioner’s Board (TPB). Please see the TPB for licensing requirements.
Course Structure
Unit 1 - Process financial transactions and extract interim reports
- Identify check and record information
- Checking source documents
- Cheque requisition
- Enter and balance deposits and withdrawals
- Check for discrepancies
- Bank reconciliation reports
- Policies and procedures
- Accounting systems
- Validity or cheques and electronic payments
- Reconcile banking documentation
- Non-cash transactions
- Cashbook entries
- Petty cash
- Preparing invoices
- Balance sheets
- Checking invoices against source documents
- Errors and discrepancies
- Correcting data errors
- Filing invoices and related documents
- Prepare journal entries
- Entering cash transactions
- Legislative requirements
- Transaction entries and entering transactions manually
- GST calculations
- Batch items
- Post journals to ledger
- Posting journals to ledger
- Allocating transactions
- Sales journal / sales returns to ledger
- Subsidiary ledgers
- Debtor’s subsidiary ledger
- Accrual accounting
- Entering data into systems
- Trading account
- Updated related systems
- Data entry and input devices
- Totalling transactions – manual system
- Banking security and safety measures
- Health and safety legislation
- Duty of care obligations
- Supporting financial institutions
- Filing proof of lodgement
- Bad debts
- Completing journals
- Posting to general ledger
- Checking trial balances
Unit 2 - Subsidiary accounts and ledgers
- Accounts receivable process
- The basic rules of accounting
- Entering cash transactions
- Identify incorrect entries
- Accrual accounting
- Discrepancies
- Source documents
- Verify bad and doubtful debts
- Reviewing debtor ledger
- Australian consumer law
- Reporting procedures
- Organisational policy and guidelines
- Plan recovery action
- Default of trading terms
- Collection process
- Exhausted recovery avenues
- Register of invoice disputes
- Debt recovery plan
- Legal action
- Legislative requirements
- Code of ethics, practice and conduct
- Rectify invoice discrepancies
- Request payment authorisation
- Financial services reform legislation (FSR)
- Australian Prudential Regulation Authority (APRA)
- Creditor payments
- Documentation
- Reconcile outstanding balances
- Reporting
- Profit and loss statement
- Assets and liabilities statement
- Outstanding balance statements
- Bank reconciliations
Unit 3 - Report on financial activity
- Property register
- Fixed asset register (FAR)
- Calculate depreciation
- Asset and liability valuations
- Financial and system discrepancies
- Tax liabilities
- Prepare a trial balance
- Adjust accounts for prepayments or accruals
- Adjust expense account and revenue accounts
- Common balance day adjustments
- General ledger adjustments
- Reverse adjusting entries
- Review data for errors and compliance
- Prepare revenue statement
- Prepare a balance sheet
- Post revenue and expenses to general ledger
- Closing entries
- Correct or refer errors
- Correct an incorrect posting
- Reverse and re-enter the transaction
- Double-entry and accrual principles
- Accounting systems
- Debit and credit rules
- The accounting equation
- Accrual accounting
- Legislation, regulations and standards
- Code of practice
- The Australian Taxation Office (ATO)
- Five basic bookkeeping principles
- The bookkeeping cycle
- Financial forecasting and analysis
- Ethical requirements
Unit 4 - Set up and operate a computerised accounting system
- Integrated accounting systems
- General ledger
- Journals
- Expenses
- Goods & Services Tax (GST)
- GST calculation
- Cash system
- Chart of accounts
- Double entry accounting
- Australian standards (record management)
- ATO business registration
- Tax invoice requirements
- Code classify input data
- Cash and credit transactions
- Entering cash transactions
- Transaction principles
- Trading accounts
- General ledger
- Account classification
- Adding a customer
- Inventory items
- Adding a customer / supplier
- Inventory
- Fixed asset records
- Australian Accounting Standards Board (AA SB)
- Generating financial performance reports
- Reporting PAYG
- GST reports
- PAYG withholdings / instalments
- NAT number
- Accounts method
- GST calculation for BAS
- Accounting and auditing standards
- Profit and loss statement
- GST liability account
- Subsidiary ledgers
- Internal control
- Bank reconciliations
- Uncleared cheques / deposits
- Reconciliation problems
- Online banking
- System integrity
Unit 5 - Establish payroll system
- Payroll requirements
- Employment legislation
- Acts and regulations
- Codes of practice
- Taxation
- Deductions
- Health and safety
- Payroll awards
- Salary packaging
- BAS agent services
- Accurate payroll data
- Tax file number (TFN)
- Superannuation
- Employee data and records
- Payroll discrepancies
- Employee details
- Deductions and allowances
- Monitoring payroll data
- Bonus
- Calculate payments
- Pay variations
- Computerised systems
- Manual systems
- Senior Australian tax offsets
- HELP debt
- Deducting tax
- Payroll preparation
- Policies and procedures
- Workers compensation
- Leave requirements
- Reconcile total payments
- Posting payroll to system
- Payroll authorisation
- Payments and pay slips
- Store payroll records
- Payroll enquiries
- Legislation requirements
- Refer enquiries to supervisor
- Follow-up action
- Record keeping
- Reconcile month end
- Generate and distribute payroll reports
- Produce Instalment activity statement (IAS)
Unit 6 - Complete business activity and instalment activity statements
- Legislative, regulatory, industry and organisational requirements
- Tax obligations
- Australian Taxation Office (ATO)
- The cash system
- The accrual system
- The rules
- Rulings
- Managing more than one business under an ABN umbrella
- Company tax
- The AUASB
- Property register
- Income tax legislation
- The use of IT software and equipment
- Organisational and industry requirements
- National Tax Practitioners board requirements
- Code of professional conduct
- Conduct of personal affairs
- Account for money or other property
- Conflict of interest
- Confidentiality
- Maintain knowledge and skills
- Ascertaining a client’s state of affairs
- Ensuring tax laws applied correctly
- Taxation laws
- Advising clients rights and obligations under taxation laws
- Investigations / Outcomes
- Administrative sanctions
- Civil penalties
- Change of circumstances
- Law and Ethics
- BAS agent services
- Tax agents
- Specialist financial services
- Accessing information
- Networking
- Lodgement schedules
- Payment advice
- BAS concessions
- Annual GST reports
- Superannuation levy
- Unreported transactions
- Penalties and payment options
- Industry code of conduct
- Governing bodies
- Corporations legislation
- Financial Services Reform ACT (FRSA)
- Equal employment opportunities
- Affirmation action legislation
- Privacy legislation
- Consumer credit code
- Health and safety legislation
- Record keeping
- Whistle blower legislation
- All legislative requirements
- Code of Banking Practice
- Code of conduct
- Policy and procedure
- Integrity
- GST principles
- Adjustments
- Calculating GST
- Tax invoice requirements
- Registered for GST
- Registered for ABN
- Not registered for GST
- Entering cash transactions
- Processing accounting data
- Reconciliations
- Calculating and reconciling total salaries
- Calculating pay as you go instalments
- Amounts withheld
- PAYG systems instalments and records
- PAYG tax withheld
- Calculating WET and GST
- Fringe benefits tax (FBT)
- FBT liability
Unit 7 - Process business tax requirements
- Maintaining accounting records for taxation purposes
- Taxation accounting system
- The accrual system
- GST treatment
- The rules
- Debit and credit
- Maintain adequate records
- Tax invoices
- Recipient created tax invoice (RCTI)
- Claiming a GST credit
- Reconciliations
- Non-cash transactions
- Australian standard – record management
- Taxation requirements
- Property register
- Business tax returns
- Taxation lodgement process
- Cash transactions
- Transaction entry
- BAS
- Payment advice
- Lodgement schedule requirements
- Activity requirements
- Transactions not reported in total sales
- Company tax returns
- PAYG with holding annual reports
- Superannuation levy
- State taxes
- Business tax returns and lodgements
- Business BAS
- PAYG tax withheld
- IAS
- Processing accounting data
- Corporate credit card statements
- Adjustments
- Input taxed events
- Draft returns and lodgements
- NAT number
Study Hours
Estimated duration 100 Hours
Course Delivery and Start
Start anytime, self-paced and 100% Online
Assessment
Assessment will be comprised of written exercises, including short-answer questions, reflective tasks, short reports and/or projects. There are no examinations or due dates for assessment. As a result, you can complete training in your own time and at your own pace with the assistance of unlimited tutor support.
Testimonials
I had a great experience. From signing up, to completing the course was a very smooth process. My tutor checked in to make sure all was going well. The portal is very user friendly.
Bronwyn | Berkeley, NSW | Certificate of Bookkeeping
Signing up for the course was quick and convenient. I thoroughly enjoyed completing this
J. Singh, Alexandra Hills. QLD | Certificate of Bookkeeping
I felt that the course provided a lot of very helpful information and it was easy to follow. Very happy with the learning platform
Cassie, Newcastle, NSW | Certificate of Bookkeeping
Website is so easy to navigate (very user friendly), tutors are helpful and friendly. Course contents are easy to understand.
I learnt so many new and important things. Thank you
S. Detjen, Newmarket, QLD | Certificate of Bookkeeping
Graduation
A Certificate of Attainment and Statement of Results will be issued upon successful completion of this course.
How to Enrol
Enrol Online: Click Add to Cart/View Cart on the course page.
Enrol via Live Chat (Business Hours)
Enrol via Telephone 1300 76 2221 (Business Hours)
Enrol via Purchase Order/Tax Invoice
Enrolling Multiple Staff?
To enrol multiple staff, please complete the Employer Enrolment Form. We’ll be in touch within 60 minutes during business hours!
Payment Options
Visa, Mastercard, BPAY and Direct Deposit.
Course FAQs
Why Choose Australian Online Courses?
- Professional development that is widely recognised and respected;
- Improve your employment opportunities;
- Study online, anywhere via our elearning system;
- High-quality professional development programs written by industry experts;
- All course materials provided online – no textbooks to buy;
- Unlimited tutor support via email;
- We offer twelve (12) months’ access, with extensions available upon application (fees apply);
- Course may be tax deductible; see your tax advisor.
Are there any entry requirements or pre-requisites?
There are no course or subject pre-requisites for entry into our programs. However, our professional development programs are generally intended for people over the age of 18. In some circumstances, enrolments from younger people may be considered. Please complete the AOC Parent Guardian Consent Form prior to enrolling and submit here.
When can I start this course?
You can start within 60 minutes during business hours when you enrol and pay in full with a credit card!
Credit card: Within 60 mins during business hours.
BPAY: Within 1-2 working days.
Internet Banking: Within 1-2 working days.
Cheque/Money Order: Upon receipt of mailed cheque.
How is this course delivered?
This course is delivered online via our easy-to-navigate Learning Management System (LMS), where you will discover interactive online learning/written content, resources and assessment.
Do I need to attend classes or undertake any work placements?
No. All courses are delivered online via our LMS and there are no work placement requirements in this course.
What support can I expect from Australian Online Courses?
Unlimited tutor support is available throughout your studies via email only during business hours Monday to Friday. Our Administrative team are available Monday to Friday via email, live chat and telephone.
I am an international student. Can I enrol into this course?
Yes! We accept enrolments from individuals both within Australia and internationally; location is no barrier to entry into our programs.
Career Pathways
Future growth
Very Strong
Unemployment
Low
- Bookkeeper
- Assistant Accountant
- Finance Officer
- Accounts Payable Clerk / Officer
- Accounts Receivable Clerk
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