Bookkeeping Manual and Computerised - Fetac 2025

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Manual accounting is recording and processing financial transactions by hand, while computerized accounting uses software to automate these tasks. Simply put, manual accounting is paper-based and time-consuming, while computerized accounting is efficient and accurate.
A manual accounting system is a bookkeeping system for recording business activity transactions, where financial records are kept without using a computer system with specialized accounting software.
If your business starts small, it may make sense to handle the bookkeeping yourself. As you grow, keep track of how much time per week you spend on the books. Work out the monetary value of your own time (e.g. how much you generate for the business per hour) and compare this with the cost of a bookkeeper.
Yes, self-taught Bookkeeping is possible, ideally through the completion of an approved course. On-line self-teaching courses are available in a variety of formats. A basic understanding of Virtual Bookkeeping or accounting, on the other hand, will be beneficial.
The Level 3 Certificate in Computerised Bookkeeping and Accounting qualification is primarily designed to appeal to learners who already have a good working knowledge of the software, and wish to further their studies of computerised bookkeeping within a working business environment gaining a qualification at Level 3
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The Bookkeeping Manual and Computerised module will equip the learner with the knowledge, skills and competence to produce and maintain accurate bookkeeping records for a range of organisations, using manual and computerised systems.
The three golden rules of accounting are (1) debit all expenses and losses, credit all incomes and gains, (2) debit the receiver, credit the giver, and (3) debit what comes in, credit what goes out. These rules are the basis of double-entry accounting, first attributed to Luca Pacioli.
Manual bookkeeping is a traditional method of managing financial transactions using spreadsheets and journals. A manual accounting system keeps financial records without the aid of a computer system or accounting software.

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