Professional Bookkeeping & MYOB
Diploma BKM12, SOA
Eligible for Affiliate Membership with the Institute of Certified Bookkeepers
Business, Education & Industry

Do you like the idea of counting other people's money, or perhaps it's the security of understanding what your bookkeeper or accountant is doing with your money. Whatever your reason, undertaking this course is a must for every adult who has anything to do with business.

It's a fact, 97% of business in Australia is small business. In actuality, small business holds this country up. And every single one of these businesses must keep accounts: it's not an option, it's a requirement. This is where you come in. There are literally thousands of opportunities in this industry and new ones are constantly being offered all the time.

So, if it is a stable career future you are after then you couldn't get more stable than the accounting and bookkeeping industry. What's more, you can work your way up to a fairly healthy salary package. Now wouldn't that be nice.

Australian College QED is an Accredited Training Centre for The Institute of Certified Bookkeepers.

This course is the most comprehensive and practical program available. Not only does it make accounting easy for non-accountants but it shows you how to set up your books from the beginning. You will learn about debtors and creditors, taxation requirements, GST and BAS, and running a payroll. In a nutshell this is the A-Z of bookkeeping.

Many people think you only need to learn MYOB or another similar electronic accounting package to know how to do bookkeeping. The fact is, if you don't understand how accounts work then just doing an MYOB course will not be enough to give you a proper understanding of bookkeeping.

Through this course you will learn everything you need to know, not just the skills on the surface. By the successful completion of your course you will be a professional bookkeeper not just an accounts data entry person. What's more, you will be in a position to start your own professional bookkeeping and MYOB business. We teach you the foundations of setting up your own professional bookkeeping business, from what you need to know to what you should charge.

This course is so popular that we also have many accountants undertaking it so they can do bookkeeping for their small to medium-size clients.

Career opportunities include: Bookkeeper, Assistant Accountant, Accounts Officer/Clerk, Collections Officer, Payroll Officer.

Industries include: You can work in or for any type of industry, from a travel agency to a film studio to a real estate agent.

A bookkeeper maintains and reconciles records of financial transactions (such as sales, wages and petty cash) and prepares monthly statements showing receipts, payments and balances of accounts. A bookkeeper may:

• receive and record invoices from creditors and arrange payment
• prepare and send invoices to debtors
• calculate, prepare payslips and distribute salaries/wages*, taking into account overtime and deductions such as tax, health insurance payments and superannuation.
• prepare regular reports and financial statements
• process and monitor debtors
• check customers' credit ratings
• verify recorded transactions and report irregularities to management
• prepare reconciliations of accounts
• prepare Business Activity Statements under the direction of an authorised director or tax agent.

*A salary is a set payment paid to a person on a regular basis (weekly, fortnightly, monthly) for undertaking work or services. For example, Joanne is employed as an Travel Consultant and receives a salary income. She works regular, set hours and is paid an annual income of $49,500 that is paid to her on a weekly basis.

A wage is often paid by the hour, day or week to a person undertaking work or services with irregular hours. Wage employees usually have to fill out timesheets to record the hours they work. For example, David is employed as a Casual Accounts Clerk and receives a wage income of $25.00ph paid on a weekly basis. His working hours change from week to week in line with the needs of the company and his annual income is dependant on the number of hours he works.