Liquid Accounts online training sessions

Our online training sessions capitalise on the benefits of training without any of the hassle of
travelling to a training venue and being away from your office for a full day. Instead, you
simply join the training session using the internet like you may have done during the sales
demonstration of Liquid. Each one hour session typically has around 6 clients attending and
all will be able to ask questions of the trainer facilitating the session. You will be able to see
the trainer’s screen and will be guided through the actions necessary to configure and use
your version of Liquid confidently and competently.

Module 1 – Getting started on Liquid Accounts

This module covers everything you need to get started on Liquid and gives you the tools
to customise Liquid Accounts to suit your business.
 Set up additional bank accounts
 Set up invoice numbering
 Set up your VAT scheme
 Enter opening balances where appropriate
 Customise the nominal codes
 Set up your invoice template with a logo, specific text etc
 Link your Liquid account with your accountant
 Set up the year end

Module 2: Dealing with Customer records

This module shows you how to set up records for your customers including adding all the
relevant information you need to store relating to them.
 Add and amend customer records
 Create an Invoice
 Record payments received from customers
 How to find out who owes you money

Module 3: Suppliers
Module 3 covers maintaining the records relating to your suppliers and their transactions
 Add a supplier
 Recording invoices individually, as well as quickly using the batch functionality
 Recording payments to your suppliers
 Checking who you owe money to

1
Module 4: Banking and nominal ledger
This module covers bank accounts and the nominal ledger so that transactions can be
properly accounted for.
 Setting up additional bank accounts
 Checking transactions against the bank statement
 Adding a transaction appearing on the bank statement
 Transferring money from one bank account to another
 What is a nominal code
 How do set up nominal codes
 Common credits and debits

Module 5: Reports
This is where you see how to check how your business is performing by viewing reports and
management information relating to a specific period, such as:
 Profit and Loss reports
 Balance Sheet report
 Turnover
 VAT Returns
 Running a Year End

If you wish to attend any of these modules please get in touch with Michelle Kuhl on 0845
450 7304 or michelle.kuhl@liquidaccounts.net to obtain a booking form