What you will be able to do
- Record transactions in a cash book and accounting software
- prepare invoices and receipts
- reconcile mobile money and bank
- prepare simple profit and cash-flow reports
- understand basic tax obligations
Syllabus
- 1 Business records and the accounting equation
- 2 Cash book and ledgers
- 3 Accounting software set-up
- 4 Invoices, receipts and credit control
- 5 Mobile money and bank reconciliation
- 6 Profit and loss and cash flow
- 7 Costing, pricing and budgets
- 8 Tax basics and record keeping for compliance
Hands-on practical activities
- Maintain a month of books for a real or simulated business
- reconcile statements
- prepare a budget and a cash-flow forecast
- practise preparing a tax-ready record pack
Resources and equipment
Laptops, free or low-cost accounting software, sample receipts, bank and mobile-money statements (anonymised), calculators
🔋 No power? Off-grid option
Paper ledgers and hand reconciliation; solar-charged laptop for software sessions
Career direction
Bookkeeper, accounting assistant, small-business finance officer, freelance bookkeeper, credit officer
Why it matters in the market
Small businesses and NGOs constantly need affordable bookkeeping, and remote bookkeeping is an established online service
Assessment
Month-end books and reports
Progression
From EX6 or TR2; leads to MH2 and MH4