Accounting Essential & Cash Flow Models

Accounting System Set up

  • Company information
  • Accounting information set up
  • Chart of Accounts
  • Accounts Hierarchy
  • Create & maintain tax code
  • Prepare for Electronic Banking
  • Opening Balance

Purchases & AP Module

  • Purchase & AP accounting procedure
  • Set up vendor master file
  • Build and maintain inventory item cards
  • Build a purchase order
  • Convert purchase order to bill
  • Use purchases register
  • Deal with purchase return and back order
  • Deal with early payment discount
  • Reverse or edit a purchase
  • Record payment for purchases
  • Deal with petty cash transactions
  • Process credit card and cash reimbursements
  • Analyse accounts payable

Sales & AR Module

  • Sales & AR accounting procedure
  • Understand three sales layouts
  • Set up customer master file
  • Set credit terms for customers
  • Create a sales quote
  • Convert quote to order
  • Convert order to invoice in sales register
  • Entering a service invoice
  • Deal with time-billing transactions
  • Record cash sale transactions
  • Deal with sales return
  • Process sales discount & credit note

Payroll Module

  • Payroll accounting procedure
  • Understand different payroll categories
  • Set up employee card in payroll system
  • Load the current tax tables to payroll system
  • Assign wages categories, taxes and deductions for employees
  • Process payroll weekly / fortnightly payment transactions
  • Process superannuation & PAYG transactions
  • Provide employees with pay slips and payment summaries

Banking Module

  • Navigate around bank register
  • Apply a payment for AP invoices,
  • Receive payments for AR invoices
  • Deal with part payments transactions
  • Provide bad debts provision

Search Transaction Details, Run Reports

  • How to search transaction Journal
  • Run customer / supplier activity statements
  • Prepare AR aging report
  • Prepare financial statements and other report

Cashflow Management Models

  • Cash receipts from customers forecast
  • Capital purchases items
  • OPEX purchases payments
  • Sales commission payments
  • Salary & wages paid to employees
  • Taxation payments
  • Cash management transactions


  1. 受益匪浅,本以为只学软件操作的,其实不仅如此而且还教了cashflow manangement 和操作流程, 谢谢Terry老师和其他工作人员的努力使我们学到了很多。

  2. 谢谢Terry老师全面细致的讲解,课程逻辑框架都特别好,完全梳理了一个清晰的会计操作流程。尤其是cash management模型学会之后马上可以用于自己的工作中,赞赞赞

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