Freelancing with Accounting Skills training centre in Bangladesh

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Freelancing with Accounting Skills

Introduction

Whether you want to be your own boss or would like to make some extra money, becoming a freelance accountant can help realize your goals. Freelancing is an excellent career opportunity for accountants to move ahead a bright career.

A freelance accountant handles the financial accounts of a client. Generally, freelance accountants are recruited by small businesses as they cannot afford to have a salaried accountant. As a freelance accountant, you are responsible to supervise, examine and record the cash inflow and outflow of your client. With flexible working hours, you will get an opportunity to provide your services to clients across the globe.

Qualifications for Freelance Accountant
Even though mere accounting knowledge can help to succeed in this field, this might not work in all the cases. Today, employers are looking for highly trained professionals who can handle the job activities efficiently. The following are the few qualifications that are required to become a freelance accountant:

• Bachelor’s degree in accounting or a business degree
• Accounting courses would be an added benefit
• Financial Software such as QuickBooks, Xero would help
• Good communication skill in English

Why QuickBooks/ Xero
QuickBooks – The great thing about QuickBooks accounting software is that it is compatible with many other third party programs, and has relatively robust data import and export features. This means that no matter what your client is able to provide you, you can likely rework it into some format which QuickBooks can use to automate the process, saving you significant amounts of time.

Xero - Xero is beautiful online accounting software designed for small business. Easy to use, Xero uses the best of the web and mobile to allow small businesses to manage their finances anytime, anywhere.

Xero is now a famous online accounting software in the world. It has opportunity to work especially in Australia, New Zealand and in UK, similarly Quickbook online is now a famous online accounting software in the world wide. It has opportunity to work especially in United States, Canada and world wide.

Methodology

Practical orientation and Presentation

Contents of Training:

QuickBooks Online Skill
Prepare For Setup
Creating a New Company
Accounts & settings
Chart of Accounts and Items
Account Types in Chart of Accounts
Create a New Account
Header and Sub Accounts
Chart of Accounts upload
Item/products Types setup
How to Set Up and Organize Your Items/inventory List
Customers & Vendor
Create a New Customer
Create a New Vendor
Upload customer /vendor
Invoice and Accounts Receivable
Create an Invoice
Receive Payment – Record Deposit
Create a Credit Memo and Apply to an Invoice
Create Credit Memo
Create a Statement
Accounts Payable
Enter Bill – Rent
Enter Bill – Item and Expenses
Pay Bills
Print Checks
Create Vendor Credit and Apply to Open Bill
Gas Restaurants and Airport Expenses
Banking Basics
Write Check for Items and Expenses
Transfer Funds From One Bank Account To Another
Reconcile Bank Account to Bank Statement
Reports You Need to Know
Review of Standard Reports
Transaction Journal Information
Company Reports
Accountant and Taxes
Daily Sales Summary Report
Sales by Rep – Cash Basis
Custom Reporting – Summary and Detail
Set Up Budget

Xero Skill
Prepare For Setup
Creating a New Company
Accounts & settings
Chart of Accounts and Items
Account Types in Chart of Accounts
Create a New Account
Header and Sub Accounts
Chart of Accounts upload
Item/products Types setup
How to Set Up and Organize Your Items/inventory List
Customers & Vendor
Create a New Customer
Create a New Vendor
Upload customer /vendor
Invoice and Accounts Receivable
Create an Invoice
Receive Payment – Record Deposit
Create a Credit Memo and Apply to an Invoice
Create Credit Memo
Create a Statement
Accounts Payable
Enter Bill – Rent
Enter Bill – Item and Expenses
Pay Bills
Print Checks
Create Vendor Credit and Apply to Open Bill
Gas Restaurants and Airport Expenses
Banking Basics
Write Check for Items and Expenses
Transfer Funds From One Bank Account To Another
Reconcile Bank Account to Bank Statement
Reports You Need to Know
Review of Standard Reports
Transaction Journal Information
Company Reports
Accountant and Taxes
Daily Sales Summary Report
Sales by Rep – Cash Basis
Custom Reporting – Summary and Detail
Set Up Budget

Introductions Freelance Accounting
1. Intruduction and motivation
2. Create Account
3. Profile Create.
4. Upwork test
5. Profile improvement
6. Project enclose.
7. Certificate & Test
8. Skill Selection
9. Bidding/Appy for a particular post
10. Hourly Job & Fixed Price Job
11. Hourly rate, Fixed Rate
12. Working Procedure
13. Weekly Bill/ Milestone Approved
14. Create Bank Account
15. Received Money

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