bookkeeping and accounting software
TurboCASH Training Course
About TurboCASH
TurboCASH (https://www.turbocash.net/) is a powerful, open-source accounting software tailored for small to medium-sized businesses. Since its inception in 1985, TurboCASH has been helping businesses efficiently manage their financial records, including bookkeeping, invoicing, VAT management, and more. With its customisable features and user-friendly interface, TurboCASH offers a cost-effective solution for comprehensive financial management.
This course is conducted in partnership with The Website Hoster
TurboCASH is a powerful, open-source accounting software tailored for small to medium-sized businesses. Since its inception in 1985, TurboCASH has been helping businesses efficiently manage their financial records, including bookkeeping, invoicing, VAT management, and more. With its customisable features and user-friendly interface, TurboCASH offers a cost-effective solution for comprehensive financial management.
TurboCASH has a long and rich history as one of the pioneers in open-source accounting software. It was developed by Philip Copeman in South Africa in 1985, originally as a DOS-based program. The software was created to provide small to medium-sized businesses with a robust, cost-effective alternative to expensive proprietary accounting systems.
Over the years, TurboCASH has evolved significantly:
1985: The initial version of TurboCASH was launched, focusing on basic accounting functionalities suitable for small businesses.
1999: TurboCASH was released as open-source software, allowing users to freely download, modify, and distribute the software. This move significantly expanded its user base globally.
2003: The software transitioned from DOS to Windows, offering a more modern and user-friendly interface. This update also introduced new features, including multi-company support and VAT management, making it more appealing to a broader range of businesses.
2007: TurboCASH 4 was launched, featuring an improved interface, enhanced reporting capabilities, and better integration with other software applications. This version solidified TurboCASH’s reputation as a reliable and flexible accounting solution.
2010s: TurboCASH continued to expand its features, adding support for multi-currency transactions, advanced budgeting, and cloud-based functionalities. The community around TurboCASH also grew, contributing to the software’s development and localisation for different regions.
2020s: TurboCASH remains one of the most popular open-source accounting solutions, with a global user base. The software continues to be updated regularly, with a focus on enhancing usability, expanding features, and maintaining its open-source ethos.
Throughout its history, TurboCASH has remained true to its mission: to provide businesses with a powerful, flexible, and affordable accounting tool. Today, it is used by thousands of businesses around the world, demonstrating the enduring value of open-source software in the business environment.
Course Prerequisites
The following are the prerequisites:
- You must be computer literate and be very comfortable with your laptop that you will bring to the course.
- Bookkeeping knowledge will be advantageous.
No prior experience with TurboCASH is required.
What You Will Learn
The course covers the following modules:
MODULE 1: Creating a Set of Books
- Installing TurboCASH
- Company Information
- Reporting Dates
- Batch Types
- Groups
MODULE 2: Setting Up – Systems Parameters
- Access Control
- Documents
- Statements
- Linking Your Report Groups to Your Financial Categories
MODULE 3: Creating/Editing the Master Files
- General Ledger (Chart of Accounts)
- Bank Accounts
- Tax Accounts (Only if registered for VAT)
- Debtor Accounts
- Creditor Accounts
MODULE 4: Taking On Opening Balances
- General Ledger (Trail Balance)
- Creditors (Creditor’s Ledger)
- Debtors (Debtor’s Ledger)
MODULE 5: Transacting with Debtors
- Sales Journal
- Sales Returns Journal
- Balance Debtors With Amount
- Debtors with Charge Amount
- Fixed Amount to All Debtors
- Interest on Overdue Debtor Accounts
- Write-Off of Bad Debts
- Recovery of Bad Debts Already Written-Off
- Early Settlement Discounts Allowed
MODULE 6: Transacting with Creditors
- Purchase Journal
- Purchase Returns Journal
- Creditors With Charge Amount
- Paying Creditors
- Early Settlement Discounts Received
MODULE 7: Cash/Bank Transactions
- Petty Cash Journal
- Payment Transactions (Bank Account)
- Payments Journal
- Creditor Balances at Date
- Receipt Transactions (Bank Account)
- Receipts Journal
- Creating Receipts
MODULE 8: Other Transactions
- General Journal
- Depreciation
- Payroll
MODULE 9: Bank Reconciliation
- Printed Bank Statement
- Bank Statement File (Online Banking)
- Bank Reconciliation Statement (Report)
- Finding/Fixing Differences
MODULE 10: Creating/Editing Budgets
MODULE 11: Reports
- Batch Type Report
- Creditor Reports
- Contact Listing
- Debtor Reports
- General Ledger Reports
- Reconciliation
- Tax Reports (Only if registered for VAT)
- User Reports
MODULE 12: Year-End Procedures
- Year End Adjustments (Accrual Basis)
- Income Received in Advance
- Income Outstanding
- Expenses Paid in Advance (Pre-Paid)
- Expenses Outstanding
- Provision for Outstanding Expenses
- Private Expenses
- Consumable Stores on Hand
This course outline may changed without notice.
Course Dates
The course is conducted from 9:00 – 15:00.
| Venue | Course Date | 25% OFF if You Register By This Date |
| Alberton | TBA | |
Course Fee
- Standard Course Fee: R6000.00
- Early Bird Course Fee: R4500.00
Private Training
Private training for the TurboCASH Training Course can be arranged at a mutually convenient date and conducted at your office.
For training in Gauteng, a minimum of 2 participants is required.
For training outside Gauteng, a minimum of 4 participants is required.