Free Accounts Training: On Mobiles

Moses Carson B

01/2018 · Academy of Practical Accounts

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This is not theory but Practical Bookkeeping and Accounts for a small businesses, using Mobile software. It's guidance towards the extraction of Final Accounts and a Tax Report. It's very helpful to a Freelancer, a knowledge seeker, or those studying at any level since it’s an introduction to Practical or Mobile Accounts.

 

No definitions or terminologies to master, Just a quick App overview and start recording documents. This includes; Income (Point of Sale), Expenses, Capital, Bank Deposit and Withdraw, Loan and Interest, Rent, Personal Cash, Tablet Computer, and Tax Paid. Information is copied from documents onto prescribed recording forms, which open with most information automated.

 

For each recording we look at its cummulative impact to the General Ledger and Trial Balance. The other reports addressed are; Cash Register, Stock Information, Stock Movement and Closing Balance, Annual Sales and Profit, Final Trial Balance, Notes to Financial Statements, Profit and Loss account, Balance Sheet, plus the Dashboard.

 The Free Practice software on Android is “Free Accounts Module 1”

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Moses is a Fellow of the ACCA, a Practicing Accountant, an Author with several Accounting titles, and a Qualified Tutor with many years’ Experience.

A Director at the Academy of Practical Accounts, which strives to narrow the gap between what is taught on many courses, and the skills required in the practical Accounting environment.

For a simple reporting format, using software, people learn to Practice Accounts in a much shorter period.