Accounting Level 1

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CIS branches across Lebanon and online

$ Price $480.00

Delivery type On-Campus or Online

Capacity Unlimited

Level All levels

Duration 30 Hours

Lessons 22

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Overview

Accounting Level 1 gives you the foundation to work confidently in general accounting, from understanding debit and credit to producing the reports a business runs on. You will learn the core principles of accounting and then apply them directly on the EDM accounting system, the same type of software used in shops, restaurants, supermarkets, and retail businesses across Lebanon.

Beyond the theory, this course puts you in front of real accounting tasks: recording daily transactions, preparing monthly reports, handling point of sale (POS) sales and returns, and reconciling cash. By the end, you will be ready to step into a general accounting role and use an accounting system with confidence.

What You Will Learn

Understand debit, credit, the double entry system, and how to journalize and post to the ledger
Read and explain the Income Statement and Balance Sheet and the difference between them
Record inventory and understand cost flow methods (FIFO, LIFO, weighted average)
Record income and expenses and set up new databases and charts of accounts on an accounting system
Enter data accurately and avoid common data entry mistakes
Create sales invoices, process returns, and handle cashier duties with proper cash control
Prepare monthly and quarterly reports, including profit and loss reports, for management decisions
Perform bank reconciliation and handle daily transactions, receivables, and payables

Course Curriculum

Module	Topic	Hours
1	Introduction to Debit and Credit	1
2	Learning the Role of the Income Statement and Balance Sheet	1
3	Being Able to Record Inventory	1
4	Recording Income and Expenses	1
5	Introducing Accounting Ethics	1
6	Creating, Maintaining, and Entering Information into Databases	1
7	Recording Numerical Data to Keep Financial Records Complete	1
8	Obtaining, Proposing, and Monitoring Deadlines and Follow-Up Dates	1
9	Monitoring of Expenditures	1
10	Verifying Accuracy of Documents and Records Relating to Payments, Receipts, and Financial Transactions	1
11	Being Able to Provide Reports Regarding Accounting Records	2
12	Providing Reports on a Monthly or Quarterly Basis Regarding Profit and Loss	2
13	Introducing Accounting Systems Used in Retail Business Management	1
14	Defining the Sales Process (POS, Cash, Retail)	1
15	Getting Prepared to Make Sales Invoices (POS)	3
16	Practice and Forms (Sales Invoices and Returns)	2
17	Cashier Training	2
18	Returns and Refunds Policies	1
19	Daily Transactions on the System	2
20	Effect of Sales and Returns	1
21	The Other Sides in the Accounting System (Add-ons, Support, Custom Reports)	1
22	Review Overall: Accounting and Accounting System	2

Who This Course Is For

Module	What you cover
Anyone looking to start a career in general accounting
Cashiers and retail staff who want to understand the accounting side of their work
Small business owners who want to manage their own books and sales system
Anyone who wants hands-on experience with a real accounting system, not just theory