Description
Is suitable for senior positions onboard for at least 2 years experience who are looking to consolidate their knowledge base and potentially build valuable new skills to help them become more effective in their roles.
This course contains:
- Role and responsibilities for the onboard Accounting, Bookkeeping & Budgeting
- Basic Accounting principles
- How to comply with purchase procedures and protocols
- How to manage Account Plans and Reconciliations
- How to manage financial planning systems
- What is VAT and how the VAT system works within the Yachting sector
- Yacht Charter Expenses, Operations Costs, Advanced Provisioning Allowance & VAT implications
- How to manage the Financial Records of Charter activities
- How to budget for a port call and cruise