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bookkeeping and accounting software

TurboCASH Training Course

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 Date25% OFF if You Register By This Date
Alberton5 – 6 December 202415 November 2024
   

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.

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