Wave Accounting

This course is designed for those interested to learn the basics of the WAVE accounting software.

Instructor

Lisa

Lisa Newton, BA, MSc, FMAAT has a masters degree in Investment Management and a first class honours degree in Accounting with Marketing.

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About This Course

WAVE Accounting / Bookkeeping software – Computerised Accounts

This course is about how to use WAVE, based on the most popular functions which you as a WAVE operator needs to know how to use, in order to be proficient in using the software.

The learning is structured in a practical way. You are given a practical scenario assignment. There are various tasks to complete. You are given the task to do and have a go at, and then the video answer is available. It is suggested that you:

Read the task
Watch the video
Have a go at it yourself on your own system
Rewatch the video (if necessary) – to reinforce the learning

You’ll learn how to set up a Tally accounting system from scratch, how to enter opening balances, post customer invoices and credit notes, post supplier bills and credit notes, pay suppliers, petty cash, prepare a VAT return, reconcile the bank, post journals, run reports amongst over things.

This is a useful course if:

You are thinking of working with the software,
You are going for jobs which have a requirement for you to be able to use this software
You want to put this skill on your CV, or
You are a bookkeeper or accountant and will be using this for clients or even
You run your own business and want to know how to use WAVE for yourself.

You will need to have access to WAVE. You can sign up to the WAVE site to get a free trial. We give you the link in lecture one and show you how to do this.

The course materials include the handout of the assignment task.

What are the requirements?

You will need access to WAVE in order to complete the assignment – but we’ll explain how to get a free trial of the software in lecture 2

What am I going to get from this course?

By the end of the course, you will be able to complete various common functions using WAVE
In this course you will learn how to:
Enter the opening balances
Amend the nominal ledger
Add new customer and supplier details
Post customer invoices and credit notes to the sales ledger
Post supplier invoices and credit notes to the purchase ledger
Enter the supplier cheques and record the customer receipts
Post Petty Cash transactions
Prepare the VAT return
Reconcile the bank
Post the wages journal
Post adjustments to the accounts and produce month-end reports

Who is the target audience?

Bookkeepers and Accountants who need to increase their skill set
Students who are going for jobs where the requirement is working knowledge of Wave Accounting
Those who have studied accounting, but want practical knowledge of how to use a popular accounting software which will help them find employment
Previous knowledge of accounting is not presumed or required

Our Promise to You

By the end of this course, you will have learned how to use the WAVE accounting software.

10 Day Money Back Guarantee. If you are unsatisfied for any reason, simply contact us and we’ll give you a full refund. No questions asked.

Get started today and learn more about the WAVE accounting software.

Course Curriculum

Section 1 - Getting Prepared: Access The Software And Course Materials
	Introduction To The Course And Your Tutor	00:00:00
	WAVE – Free Trial Sign Up	00:00:00
Section 2 - Getting Started
	Customize The System And Set Up Vat Codes	00:00:00
	Add Opening Balances – Part 1 – Add Nominal Codes	00:00:00
	Add Opening Balances – Part 2	00:00:00
	Report Opening Trial Balance	00:00:00
Section 3 - Setting Up The System
	Reverse Opening Balances – Accruals And Prepayments	00:00:00
	Reverse The Opening Accrual – Show A Report	00:00:00
Section 4 - Nominal Ledger
	Amend The Nominal Ledger	00:00:00
	Report Listing The Nominal Ledger	00:00:00
Section 5 - Customers
	Enter Customers	00:00:00
	Customers Report	00:00:00
Section 6 - Suppliers
	Create Suppliers	00:00:00
	Supplier Report	00:00:00
Section 7 - Sales Ledgers
	Post Customer Invoices 1001 – 1002	00:00:00
	Post Customer Invoices 1003-1004	00:00:00
	Post Customer Invoices 1005 To 1008	00:00:00
	Enter Sales Credit Notes	00:00:00
	Customer Account Activity	00:00:00
Section 8 - Purchases Ledgers
	Post Supplier Invoices	00:00:00
	Post Supplier Credit Notes	00:00:00
	Supplier Account Activity Report	00:00:00
Section 9 - Sundry Payments
	Supplier Payments Report	00:00:00
Section 10 - Sundry Receipts
	Receive Customer Payments	00:00:00
	Report Customer Receipts	00:00:00
Section 11 - Petty Cash
	Post Petty Cash Transactions	00:00:00
	Post Petty Cash – Report	00:00:00
	Petty Cash Expenses	00:00:00
	Report On Cash Payments	00:00:00
	Post Sundry Payments	00:00:00
	Bank Payments Report	00:00:00
Section 12 - VAT - Value Added Tax
	VAT Return	00:00:00
Section 13 - Bank Reconciliation
	Bank Reconciliation	00:00:00
	Unreconciled Bank Report	00:00:00
Section 14 - Post The Wages Journal
	Post The Wages Journal	00:00:00
	Wages Journal Report	00:00:00
	Month End Adjustment Journals	00:00:00
Section 15 - Reports
	Run A Report On The Pnl, Balance Sheet And Trial Balance	00:00:00
Section 16 - Conclusion
	Recap And Next Steps	00:00:00
	What Happens Next?	00:00:00

Course Review

5.0

5.0

1 Ratings

Catherine Graham January 6, 2018 at 04:51 AM

good course

5.0

I like lisa’s pace and style of teaching and hope to see her do some more advanced accounting or other topics in finance and accounting that are relevant theory and practice..