Master Basic Bookkeeping & VAT with Picmonic for College

With Picmonic, facts become pictures. We've taken what the science shows - image mnemonics work - but we've boosted the effectiveness by building and associating memorable characters, interesting audio stories, and built-in quizzing.

Basic Bookkeeping & VAT

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9 KEY FACTS
7 SOURCE DOCUMENTS
8 Source Documents

Original Record of a Transaction

Tax Invoices & Credit Notes

Full Tax Inv. required when exceeding 5000.00 Arbridged Inv more than 50 less than 5000.00

Cash Receipt

Cash received when VAT is charged

Deposit Slip

Deposit Cash & Cheques into bank account

Cheque & Counterfoil

Retrain counterfoil of cheque

EFT Confirmation Slip

NOT Valid Document for VAT purposes - Have Tax Inv when paying

Petty Cash Voucher

Internal cash payments

Journal Voucher

Internal Transaction in General Ledger

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The Classy Cat Dipped Cheesy Egg Pastries in Jelly

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Our Story Mnemonics Increase Mastery and Retention

Memorize facts with phonetic mnemonics

Unforgettable characters with concise but impactful videos (2-4 min each)

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