Overview
The Level 2 Certificate in Manual and Computerised Bookkeeping (QCF) is made up of the following:
1 – Computerised Knowledge Test
3 – Paper Assignments
2 – Examinations
Who is this qualification for?
- Individuals who wish to further their studies of manual bookkeeping and gain a qualification at Level 2 of the National Framework
- Individuals who have some practical knowledge and skills and wish to gain an accredited qualification in this subject.
What you’ll study
Principles of VAT – A/505/1094 (level 3 – 2 credits)
- Understand current VAT regulations
Preparing and recording financial documentation – H/505/1106 (level 2 – 2 credits)
- Prepare the financial documents to be sent to credit customers
- Enter sales invoices and credit notes into the appropriate books of prime entry
- Process payments from customers
- Process suppliers’ invoices and credit notes
- Enter supplier invoices and credit notes into the appropriate books of prime entry
- Prepare payments to suppliers
Maintaining petty cash records – R/505/1120 (level 1 – 1 credit)*
- Complete a petty cash voucher
- Maintain an analysed petty cash book
- Maintain the petty cash balance
Maintaining and reconciling the cash book – D/505/1122 (level 2 – 2 credits)
- Maintain a columnar cash book
- Reconcile a bank statement with the cashbook
Maintaining the journal – H/505/1123 (level 2 – 2 credits)
- Open a new set of double entry bookkeeping records using the journal
- Use the journal to correct bookkeeping errors
- Use the journal to record bad debts
- Use the Journal to account for wages, salaries and employer on-costs
Processing ledger transactions and extracting a trial balance – M/505/1125 (level 2 – 2 credits)
- Process ledger transactions from the books of prime entry
- Prepare ledger balances and an initial trial balance
Maintaining control accounts – K/505/1124 (level 2 – 1 credit)
- Prepare sales ledger, purchase Ledger and VAT control accounts
- Reconcile sales ledger, purchase ledger and VAT control accounts
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
* If already covered in level 1 then no need to take the assessment
Learning Resources Available
Next Steps After Passing
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