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BKG430 Bookkeeping Workshop for VAT Registered Seller of Goods Taxpayer / Entity
Part 1 Books of Accounts and Manner of Bookkeeping
01 Review : Books of Accounts of a VAT-Registered Seller of Goods Entity / Taxpayer (5:15)
02 Manner of Bookkeeping to be demonstrated in this Workshop
02.01 Review: Loose-Leaf Books of Accounts (1:39)
02.02 Review: Manual Books (1:22)
02.03 Review: Double-Entry Bookkeeping System (1:14)
Part 2 Determining the Identity of the Taxpayer
03 Knowing the Subject Taxpayer (3:09)
Part 3 Bookkeeping Set-up (Company Guidelines, Policies, and Procedures
04 Chart of Accounts of a VAT-Registered Seller of Goods Entity / Taxpayer (3:45)
05 Policy on the Purpose and Uses of Each Books of Accounts (0:55)
05.01 Policies and Guidelines on the Purpose and Uses of Subsidiary Sales Journal (SSJ)
05.02 Policies and Guidelines on the Purpose and Uses of Subsidiary Purchases Journal (SPJ) (1:18)
05.03 Policies and Guidelines on the Purpose and Uses of Cash Receipts Journal (CRJ) (1:19)
05.04 Policies and Guidelines on the Purpose and Uses of Cash Disbursements Journal (CDJ) (1:03)
05.05 Policies and Guidelines on the Purpose and Uses of General Journal (GJ) (1:30)
05.06 Policies and Guidelines on the Purpose and Uses of General Ledger (GL) (2:33)
06 What are the Business Transactions and Economic Events to Record (4:44)
07 Pro-forma Bookkeeping Entries (Guide)
07.01 Pro-forma Entries for Capital Contributions (4:49)
07.02 Pro-forma Entries for Sales-related transactions (13:22)
07.03 Scenarios when Collecting the payments of Sales (2:20)
07.04 Pro-forma Entries for Collection of Sales - No Creditable Withholding Tax (CWT) is deducted (2:19)
07.05 Pro-forma Entries for Collection of Sales - CWT is deducted upon payment but BIR Form 2307 is not provided (5:23)
07.06 Pro-forma Entries for Collection of Sales - CWT is deducted and provided BIR Form 2307 upon payment (3:05)
07.07 Pro-forma Entries for VAT Purchases/Disbursements related transactions (5:54)
07.08 Pro-forma Entries for Payment of VAT Purchases ; did not deducted CWT (1:40)
07.09 Pro-forma Entries for Payment of VAT Purchases ; deducted CWT and gave BIR Form 2307 (4:09)
07.10 Pro-forma Entries for Non-VAT Purchases and Disbursements related transactions (4:26)
07.11 Pro-forma Entries for Payment of Non-VAT Purchases/Disbursements; did not deducted CWT (1:23)
07.12 Pro-forma Entries for Payment of Non-VAT Purchases/Disbursements; deducted CWT and gave BIR Form 2307 (2:44)
07.13 Pro-forma Entries for Salaries Expenses and Liabilities Set-up (6:13)
07.14 Pro-forma Entries for Employer Premium Contribution Shares (3:06)
07.15 Pro-forma Entries for Payroll Pay-out (1:09)
07.16 Pro-forma Entries for Remittance Payment of SSS Contributions (1:15)
07.17 Pro-forma Entries for Remittance Payment of Phil-health Contributions (1:19)
07.18 Pro-forma Entries for Remittance Payment of HDMF Contributions (1:16)
07.19 Pro-forma Entries for Filing of Tax Returns (2:43)
07.20 Pro-forma Entries for Accruals / Payments of Tax Dues (WHT-Compensation) (2:27)
07.21 Pro-forma Entries for Accruals/Payments of Tax Dues (EWT-Monthly and EWT-Quarterly) (7:16)
07.22 Pro-forma Entries for Accruals/Payments of Tax Dues (VAT-Monthly and VAT Quarterly) (8:44)
07.23 Pro-forma Entries for Accruals/Payments of Tax Dues (IT-Quarterly and IT-Annual) (24:27)
07.24 Pro-forma Entries for Withdrawals by Sole Proprietor or Partner/s (2:21)
07.25 Pro-forma Entries for Partners’ Shares in Profit Distribution (Partnership) (6:45)
07.26 Pro-forma Entries for Dividends declaration (for Corporation) (2:53)
07.27 Pro-forma Entries for Dividends payment (for Corporation) (3:56)
07.28 Pro-forma Entries for Merchandise Inventory Set-up (3:25)
Part 4 Case Study: Compilation of Documents and Records of Taxpayer
08 Issued Sales Invoices to Customers
09 Collection Receipts to Customers including received BIR Form 2307
10 Sales Invoices, Official Receipts and Collection Receipts issued by Vendors
11 Prepared Expense Vouchers by the Taxpayer
12 Other Transactions
Part 5 Workshop
Exercises A: Preparation of Transactions List (TL) / Transactions Database (TD) in MS Excel
13 Building of Transactions List (TL) in MS Excel (25:59)
Exercises B: Preparing and Recording Journal Entries / Bookkeeping Entries of Business Transactions and Economic Events
14 Prepare Entries for the SI issued to customers (49:24)
15 Prepare Entries for the CR issued to customers including the received BIR Form 2307 (79:16)
16 Prepare Entries for the SI, OR, and CR received from vendors / suppliers including the deducted EWT and BIR Form 2307 (118:59)
17 Prepare Entries for the prepared Expense Vouchers (27:42)
18 Prepare Journal Entries for Other Economic Events (Period-End and Accruals) (143:59)
Exercises C: Preparation of MS Excel Pivot Tables
19 Preparing the SSJ pivot table (16:41)
20 Preparing the SPJ pivot table (8:18)
21 Preparing the CRJ pivot table (3:12)
22 Preparing the CDJ pivot table (1:58)
23 Preparing the GJ pivot table (12:51)
24 Preparing the GL pivot table (18:45)
25 Preparing the Trial Balance (TB) pivot table (3:24)
Exercises D: Preparation of Trial Balance and Worksheet in MS Excel
26 Preparing the Trial Balance in MS Excel (12:11)
27 Preparing the Worksheet in MS Excel (10:51)
Exercises E: Preparation of Books of Accounts in Loose-Leaf format
28 SSJ Column Headings and Preparing the SSJ Loose-Leaf Book of Accounts (60:25)
29 SPJ Column Headings and Preparing the SPJ Loose-Leaf Book of Accounts (50:03)
30 CRJ Column Headings and Preparing the CRJ Loose-Leaf Book of Accounts (37:56)
31 CDJ Column Headings and Preparing the CDJ Loose-Leaf Book of Accounts (29:22)
32 GJ Column Headings of and Preparing the GJ Loose-Leaf Book of Accounts (21:49)
33 GL Column Headings of and Preparing the GL Loose-Leaf Book of Accounts (21:18)
Exercises F: Using the Manual Books of Accounts
34 Recording / transcribing to SSJ Manual Books of Accounts (22:30)
35 Recording / transcribing to SPJ Manual Book of Accounts (19:30)
36 Recording / transcribing to CRJ Manual Book of Accounts (11:12)
37 Recording / transcribing to CDJ Manual Book of Accounts (8:03)
38 Recording / transcribing to GJ Manual Book of Accounts (7:22)
39 Recording / transcribing to GL Manual Book of Accounts (26:10)
Part 6 Solution Keys / Key Answers
40 Transaction List / Transaction Database in MS Excel
41 Subsidiary Sales Journal
42 Subsidiary Purchase Journal
43 Cash Receipts Journal
44 Cash Disbursements Journal
45 General Journal
46 General Ledger
47 Worksheet/Working Paper with Trial Balance
03 Knowing the Subject Taxpayer
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