Canadian Income Tax System- Introduction An introduction to various sources of income Income from employment Income from business Property Income Capital Gains Other incomes and other deductions TFSA and RRSP Determination of taxable income and taxes payable Case Studies- Simple T4 slips and recording in Profile
General labor standards Gross earnings and its importance Pensionable earnings and Insurable earnings Non- Statutory deductions and remittances Calculation of Net earnings Employer payroll remittance Accounting for Payroll Payroll information system Termination of Employment Year End Checklist Project
Introduction to QuickBooks Cash Transactions General Journal Transactions Creating a New Company Vendor Transactions Customer Transactions Discounts, Estimates & Orders Banking, Taxes & Credit Cards Mid Term Project Company Setup Payroll Transactions Inventory Transactions Final Project
Navigate in the program Analyze settings and their effect on automated features and functions, and the Chart of Accounts. General Journal Record daily business transactions such as revenue, sales invoices, Vendor bill and pay vendors. Perform banking transactions and complete a business’s month end of Financial Statements and Reporting. Set up and use Payroll and
Building on the basic Financial Accounting course, this course presents students with more advanced topics in Financial Accounting. Advanced topics provide students with in-depth knowledge of assets and depreciation and examining intangible assets, current liabilities, stockholder’s equity and earning.
This course provides an overview of the financial reporting process. It provides insight into the basic tools of preparing financial statements.