Full Charge Bookkeeper

Course path to completing the Full Charge Bookkeeper program

1. QUICKBOOKS FUNDAMENTALS

This course will introduce you to the most common accounting software program used by small businesses. Using the QuickBooks software, you will quickly learn how to effectively setup an accounting system, journalize transactions and prepare financial reports.

Upon successfully completing this course, you will be able to:

•Know how to navigate QuickBooks in both single-user and multi-user role
•Understand how to complete the workflow from the estimate to making the deposit and navigate the Customer Center
•Know how to complete the workflow for making purchases and navigate the Vendor Center
•Properly manage lists (customers, vendors, items, etc.).
•Properly set-up and run payroll in QuickBooks
•Accurately create and print financial statements and reports and know how to enter adjustments and Closing Procedures

2. FINANCIAL ACCOUNTING FUNDAMENTALS

This introductory level accounting course will fully demonstrate the importance and functionality of proper accounting in business financial management. Course participants will progress from understanding the accounting cycle and transaction processes to preparing and understanding basic financial statements.

Upon successfully completing this course, you will be able to:

•Prepare journal entries to record accounting transactions using the debit and credit process
•Enter and post accounting transactions from the journals to general ledger accounts
•Prepare adjusting entries to arrive at an adjusted trial balance
•Compile a Balance Sheet and Income Statement from the adjusted trial balance
•Prepare and post the end of the accounting period closing entries
•Analyze financial reports for the purpose of making business decisions

3. PAYROLL ACCOUNTING FUNDAMENTALS

The Payroll Accounting Fundamentals course uses classroom instruction, Payroll accounting software and real applications to provide a detailed study of the laws, forms, records, and procedures used in accounting for payroll. This course covers federal and state requirements as well as other aspects such as pension plans, benefit plans and garnishments..

Upon successfully completing this course, you will be able to:

•Demonstrate an understanding of payroll processing and personnel records
•Accurately compute wages and salaries
•Properly compute Social Security taxes
•Accurately compute federal, state income tax withholdings and Unemployment Compensation taxes
•Analyze and journalize payroll transactions
•Understand how to properly prepare documents for state and federal reporting and deposit of required funds

4. AIPB BOOKKEEPER CERTIFICATION

This course will prepare students for the American Institute of Professional Bookkeepers (AIPB) National Certification Exam, the first requirement to receiving the AIPB Certified Bookkeeper designation.

What is a Certified Bookkeeper?

The AIPB Certified Bookkeeper designation assures the level of knowledge and skill needed to carry out all key functions through the adjusted trial balance, including basic payroll, for firms of up to 100 employees.

Certification requires passing an examination, proving 2 years’ experience in bookkeeping, signing a code of ethics and, once certified, meeting ongoing continuing education requirements.

To become a Certified Bookkeeper through the AIPB, you must meet three requirements:
1.Pass the four-part national certification exam. Parts 1 and 2 are given at any of 300 Prometric Test Centers. The national exam is included in the Bookkeeping Career Institute’s AIPB Bookkeeper Certification Program. Please see page 16 in this catalog for further details.
2.Sign the AIPB Code of Ethics.
3.Submit evidence of at least 2 years’ full-time bookkeeping experience or 3,000 hours’ part-time or freelance experience before or after you take the national exam. You have 3 years from the date that you pass the last exam taken to fulfill this requirement.