Level 2 Award in Computerised Bookkeeping (QCF) 500/9261/3

Overview

This qualification introduces the double-entry bookkeeping system, using commercially available computerised accounting software.

The IAB Level 2 Award in Computerised Bookkeeping is made up of:

1 – Examination

Who is this qualification for?

The IAB Level 2 Award in Computerised Bookkeeping is suitable for:

  • Individuals who wish to further their studies of computerised bookkeeping and gain a qualification at Level 2
  • Individuals who have some practical knowledge and skills and wish to gain an accredited qualification in the subject
  • Owners of small businesses may also find this qualification useful as it gives coverage of the use of commercially available computerised software, suitable for the production of small business accounts.

What you’ll study

The IAB Level 2 Award in Computerised Bookkeeping contains the following units:

Setting up accounting software to manage accounting information – F601/3649 (level 2 – 3 credits)

  • Be able to enter and/or restore data using a Computerised Accounting Package at the start of the financial year
  • Be able to set up Assets, Liabilities, Capital and Budgets
  • Be able to record customer and supplier invoices and credit notes
  • Be able to process receipts from customers
  • Be able to process payments to suppliers
  • Be able to process non-credit payments and receipts
  • Be able to process Journals
  • Be able to produce reports using selection criteria and parameters

Process routine payments and receipts using a computerised system – A601/3651 (level 2 – 3 credits)

  • Be able to enter and/or restore data using a Computerised Accounting Package
  • Be able to process petty cash payments and receipts
  • Be able to process non-credit payments and receipts
  • Be able to correct transaction errors
  • Be able to process salary journals
  • Be able to carry out bank reconciliation
  • Be able to produce reports using selection criteria and parameters

Next Steps After Passing

Upon successful completion of this qualification you could move onto one of the following qualifications:

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