AFNA Accounting for non accountants Online TutorialsHere are the essentials AFNA – Accounting for non accountants Online TutorialsTo access our free Interactive Accounting Practice Questions click here1 Introduction1.1 Introduction2 Processing receipts and payments2.1 Processing receipts and payments2.2 The analysed cash book2.3 Checking invoices to orders2.4 Quotations and invoices2.5 Recording debtors and creditors2.6 Reconciliation of suppliers? statements2.7 Bank reconciliations3 VAT calculations and returns3.1 Introduction to VAT3.2 Calculation of VAT3.3 VAT record3.4 Quarterly VAT returns4 Preparation of financial accounts4.1 Final adjustments4.2 Preparation of the profit & loss account and balance sheet5 Assessing profitability and liquidity5.1 Gross profit, net profit and cash5.2 Assessing profitability5.3 Working capital and liquidity5.4 Overtrading6 Costing and pricing the product6.1/2 Costs: production, selling administration, variable, fixed6.3 Using costs for decision-making6.4 Mark-ups and gross margins6.5 Chargeable hours and total hours7 The use of budgets in control7.1 Actual results compared to budget8 Investment appraisal8.1 Investment appraisal9 Preparing a business plan and cash flow forecast9.1 Preparing a business plan and cash flow forecast