QQI Level 5 in Bookkeeping 

Learners will be able to:

• Explain the key terminology associated with the recording and maintenance of book keeping records, using manual and computerised system
• Outline the advantages and disadvantages of a computerised system over  manual record keeping purposes
• Complete the books of entry with appropriate VAT and departmental analysis from the information contained in a range of source documents to include; invoices, credit notes, bank records and petty cash vouchers
• Post the information from day books to appropriate accounts in ledgers
• Extract a trial balance at the end of an accounting period
• Prepare a bank  reconciliation statement from data supplied
• Prepare the end of period VAT return in accordance with the requirements of the revenue commissioners 
• Process all tasks as per the manual ones using an accounts package, comparing manual and computerised results
• Analyse tasks completed making appropriate corrections to any errors and editing of data as directed
• Print a selection of reports after backing up computerised data on a suitable medium