Course curriculum

  • 1

    Course Introduction

    • Welcome to Advanced Bootcamp

    • Before we begin...

    • Introduction to End of Month Processing
  • 2

    Inventory Processes

    • Releasing SO Transactions

    • Releasing PO Transactions

    • Releasing IN Transactions

    • Performing a Stocktake

    • Reconciling IN Balances to the GL

    • Closing the IN Financial Period
  • 3

    Accounts Receivable Processes

    • Releasing AR Transactions

    • Writing Off Customer Balances

    • Revaluing Customer Accounts

    • Running Customer Statements

    • Reviewing AR Discrepancy Reports

    • Reconciling AR Balances to the GL

    • Closing the AR Financial Period
  • 4

    Accounts Payable Processes

    • Releasing AP Transactions

    • Revaluing Supplier Accounts

    • Reviewing AP Discrepancy Reports

    • Reconciling AP Balances to the GL

    • Closing the AP Financial Period
  • 5

    Fixed Asset Processes

    • Converting purchases into assets

    • Releasing FA Transactions

    • Depreciating Fixed Assets

    • Reconciling FA Balances to the GL

    • Closing the FA Financial Period
  • 6

    Payroll Processes

    • Reconcile Payroll Balances to the GL

    • Creating Super Batches

    • Reporting PAYG Withholding Amounts

    • Reporting Payroll Tax Liability
  • 7

    Cash Account Processes

    • Releasing CA Transactions

    • Reconciling CA Balances to the GL

    • Closing the CA Financial Period
  • 8

    Tax Processes

    • Preparing GST Tax Reports

    • Reviewing GST Tax Reports

    • Reviewing BAS Reports

    • Releasing BAS Reports
  • 9

    General Ledger Processes & Financial Reporting

    • Releasing GL Transactions

    • Revaluing GL Transactions

    • Reviewing GL Accounts

    • Locking Financial Periods

    • Running Financial Reports