IN-HOUSE VAT, BOOKKEEPING AND FINANCIAL TRAINING NEEDED?

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IN-HOUSE VAT, BOOKKEEPING AND FINANCIAL TRAINING NEEDED?

Do you want to see an improvement in individual and/or organisational financial performance?

Would your organisation’s employees benefit from financial skills training?

Are your staff in desperate need of a practical understanding of VAT, Bookkeeping and Financial Business Requirements?

Is your staff unable to be out of the office at the same time?

 

 

Biz Facility (Pty) Ltd, established in 2010, provides a wide range of In-house training courses to public and private sector organisations on a range of different financial topics.

Our in-house training sessions are delivered at the client’s premises or alternative venue as arranged by your business.

All our in-house training sessions can be tailored to suit the needs of your business.

In-House Training is cost-effective for your business with no venue costs.

All staff benefit from personal engagement with the facilitator.

OUR IN-HOUSE TRAINING OFFERINGS:
1-DAY WORKSHOPS

 

 

VAT Basic Workshop

  • Registration – How do I register for VAT?
  • VAT categories – Which category do I fall under?
  • how do I fill in a VAT return
  • Input VAT – what I can claim and what I can’t claim
  • Output VAT – what am I supposed to charge
  • Invoices (What are my invoices supposed to look like?)
  • E-Invoices (Electronic Documents)
  • Head Office and Branch transactions
  • Adjustments and Corrections
  • Bad Debts

Basic Business Bookkeeping

  • Why do we need bookkeeping?
  • Basic Bookkeeping and Accounting Terminology
  • Double Entry System / Principle
  • Books of First Entry – Subsidiary Books
  • Accounting Cycle
  • Chart of Accounts (COA)
  • Trial Balance
  • Balance Sheet
  • Income Statement
  • Source Documents
  • Accruals and Provisions
  • SETA – How to register under the applicible SETA and what are the benefits
  • ETI Rebate from SARS – To qualify
  • PAYE, UIF & SDL – Relevant deductions from staff salaries and submissions to SARS. (EMP201 Submissions)
  • IRP5’s and IT3’s – Issuing of IRP5’s and IT3’s and when required (EMP501)

Financial Administration

  • Department of Labour – When and How to register and for what
  • UI-19 – What this form is for and what to do with it
  • Staff Files – Relevant documents needed to keep in a staff file
  • Staff Payslips – When to supply an employee with a payslip and what information is needed to include
  • Staff Leave – How staff leave works and how to calculate unpaid leave
  • Leave – How annual leave works and how to calculate to pay out
  • Personal Income Tax – The company’s responsibility in terms of staff personal income tax as well as informing staff of their responsibility to submit their own income tax
  • Workmen’s Compensation – When to register for Workmen’s compensation, and how it works.

Basic Financial Statements

  • Introduction and definitions
  • Statement of financial position
  • Income statement
  • Cash flow statement
  • Introduction to common financial ratios

Advanced Financial Statements

  • Introduction and definitions
  • Statement of financial position
  • Non-current assets
  • Inventory
  • Receivables & payables
  • Taxation
  • Equity & debt
  • Income statement
  • Cash flow statement
  • How to read financial statements
  • The Two-Step Tango model

Debt Collection Management

  • The importance of Working Capital & Cashflow – When is a Sale really a paid Sale?
  • The importance of Risk Assessment – How to choose clients
  • The implementation of a Credit Policy – How to treat clients
  • Communication styles to be used with Customers – How to communicate with clients
  • Letters of Demand & Repayment plans – How should clients respond
  • How to Measure the effectiveness of your Debt Collection – Are all possible steps being implemented to collect outstanding monies due to your business?

In-House Training options available for all financial staff of businesses, companies, NGOs, government departments and legal entities.

For further information or to arrange an in-house training session for your staff please contact Ruzel on our below office number or email ruzel@bizfacility.co.za

Biz Facility – Accounting & Tax Training Specialists

Providing easy to understand and comprehensive Accounting and
Taxation training solutions to benefit you or your staff!

Incorporated with the FINSOLVE GROUP

Office: 021 300 1230