In orderto get familiar with
all of our topics
to find your dream job sooner
Please practice
our great Special program
1. Create new company (FY.2014)
2. Setup all the account code and tax code according tothe financial report we have provided in the class
3. AccountsPayable in order to practice the full function of accounts payable
3.1 Setup all the suppliers (Please enter Addresswhere you can get from our suppliers invoices if have, or use your imaginationif you cannot find the address from our current invoice. also link account informationwhile setting suplier etc.)
3.2 Process supplier invoices ( no any sequence ororder) according the example we have provided to you in the class (eg:allpurchase), thinking about the invoices situation to see how to code invoice andcheck whether it is correct according to the example file? If yes, explain to yourselfwhy it is correct? If no, explain in our forum why it is not correct? And alsogive me the solution which accounts you should use and explain why? Nicole willfollow up in our forum every day
using the same date and the same month exceptchanging the year to the current year
3.3. Thinkingabout how to reconcile supplier accounts and procedure’s before you pay bills
3.4 pay bill please using five payment methods. (Referto status in Austin File)
3.5 please figure out where to check all your information to seewhether matching Austin reports after finishing-
3.6 what will be common mistakes for accounts payable officer
4 Accounts receivablein order to practice the full function of accounts receivable
4.1 Setup Customer (address, ABN etc.)- the same asaccounts payable
4.2 Issue sales invoices
4.3 Collection – what kind of situations need to dealwith your client while chasing the funds)
4.4 Receiving payments (refer to status in Austin File)
4.5 please figure out where to check all your information to seewhether matching Austin reports After finishing-
4.7 how to do reference check for new customer
4.8 what will be commonmistakes for accounts receivable officer
5 Payroll in order to practice the full function ofpayroll
5.1 Set payrollyear as 2014
5.2 Download weekly tax table from ATO and loadingtable
5.3 Link all the payroll accounts according to what wehave taught in the class
5.4 Setup all the new employees including Permanentstaff and temporary contractor (PAYG ) staff
5.5 Setup all the new payroll categories
5.6 Process all the permanent Payroll and temporary contractor payrollweekly according to the information what we provided in the class
5.7 please figureout where to check all your information to see whether matching all Payroll activitysummary
5.8 what will be common mistakes for payroll officer
6.Very Important steps
6.1 After finishing the above steps, please check your balancesheet and Profit Loss statement to see whetherexactly match the balance sheet and profit statement which we have provided inthe class
6.2If you exactly match our financial report, please learn to back up and emailthe ZIP file to [email protected]to let Nicole double check. If no, please check the reason why you cannot matchthe report. After checking , you still think you are correct, please email theZIP and explain the reason where it will the discrepancy and why you think yourare correct
.7After sending the Zip file to [email protected],you can continue practicing bank reconciliation in order to know the fullfunction of bank reconciliation
7.1 why need to bank reconciliation
7.2 what kind of situation to cause two banks cannot match
7.3 how to deal with each Individual situation
7.4 what are the important steps while you reconcilingthe bank accounts
7.5 if cannot balance, how to deal with that?
8.Practice how to deal with Month end situation in order to know the fullfunction of month end
8.1 how to prepare for the month end general ledger
8.2 how to set up ABA file in order to making electronicpayment for payroll or accounts payable
8.3 how to reconcile trade debtors for the balance sheet
8.4 how to reconcile trade creditors for the balancesheet
8.5 how to deal with prepayment accounts and how torecord general ledger
8.6 how to deal with accrual accounts and how to recordgeneral ledger
8.7 how to prepay IAS reports and how to record thegeneral ledger and how to make payment and how to lodge to ATO and how to dofiling
8.8. how to issue group certificate and how to double check whether Payment summaryare correct
8.9 how to deal with fraudulent group certificate
8.10 what is payroll tax and how to calculate NSW payrolltax
8.11 why BAS has accrual BAS and cash BAS?
8.12 how to lodge accrual BAS and how to double checkwhether our accrual BAS whether it is correct or not
8.13 how to record the journal entry? What will be thecommon mistakes for students and accounts staff or bookkeeper ?
8.14 how to process electronic BAS
MANYSTEPS , PLEASE CHECK OUR TEACHING CONTENTS WHILE YOU PRACTICE , YOU CAN FIND FROM THEBELOW:
http://www.nicoleaccounting.com.au/class.php?id=17
Anyquestions, please list in our form. Please note: please use the name what youhave used in our class while you asking questions.
