Bookkeeping Level 2 – ELF College
ELF College · AAT Aligned

Bookkeeping Level 2
Complete Course

Master professional bookkeeping from first principles to advanced controls — two comprehensive units, real-world skills, AAT exam ready.

📚
2 Full Units
🎬
27 Video Lessons
📝
AAT Exam Prep
🇬🇧
UK Standards
Enrol Now → ▶ Explore the Course
✓ Expert-led video instruction
✓ Practice tests & mock exams
✓ Fully online & self-paced
✓ UK accounting standards
✓ AAT certification support
Course Curriculum

Two Units.
One Complete Qualification.

This course bundles both AAT Level 2 Bookkeeping units into one structured learning journey — building from foundations to professional-level control systems.

📖

Introduction to Bookkeeping

Build the professional foundations every bookkeeper needs

16 Lessons
6 Chapters
📝 Practice tests included
🎯 AAT Unit 1 aligned
CH1
Foundations of Bookkeeping: Documents & Transaction Recording Business documents · Coding systems · Books of Prime Entry
▾
Start at the beginning — understand how financial records form the backbone of every business. Learn the complete chain of credit transaction documents, from price quotations through final payment, and master the essential paperwork that creates a clear audit trail. You'll explore the coding systems that organise financial information and the Books of Prime Entry where all transactions are first recorded.
CH2
Understanding Double Entry: Core Accounting Principles Dual-entry theory · Business types · Accounting principles
▾
Dive into the fundamental system that underpins all modern accounting. This chapter introduces double-entry bookkeeping theory, essential accounting principles, and the different types of business organisations — sole traders, partnerships, and companies. You'll understand why every transaction is recorded twice and how this creates the foundation for accurate financial reporting.
CH3
Ledger Posting: Organising Accounts & Transactions General Ledger · Account management · Balancing
▾
Progress to advanced account management. Learn how to post transactions from the Books of Prime Entry into the General Ledger and develop your ability to organise and manage accounts systematically. Hands-on practice ensures you can confidently transfer and balance accounts.
CH4
Trading Transactions: Recording Sales & Purchases Sales procedures · Purchase accounting · Financial statements
▾
Master the accounting treatment of your organisation's core business activities. Learn detailed procedures for recording both sales and purchase transactions, understanding their impact on accounts and the preparation of financial statements. This practical chapter connects theory to real business operations.
CH5
Control Accounts & Subsidiary Systems Debtors · Creditors · Reconciliation
▾
Take your bookkeeping to a professional level by mastering control accounts and subsidiary ledgers — critical systems for managing customer and supplier accounts. Learn how businesses track multiple debtors and creditors efficiently and reconcile subsidiary accounts with control accounts.
CH6
Cash Management: Recording Receipts & Payments Cash flow · Bank reconciliation · Payment remittances
▾
Conclude Unit 1 by mastering cash flow management — arguably the most important aspect of business bookkeeping. Learn to record cash receipts and payments accurately, prepare payment remittances, and perform bank reconciliation processes that ensure your records match bank statements.
🔐

Principles of Bookkeeping Controls

Advanced control systems, error management & professional compliance

11 Lessons
5 Chapters
📝 3 Tests + Mock Exam
🎯 AAT Unit 2 aligned
CH1
Double-Entry Bookkeeping Principles Dual effect · Accounting equation · DEAD CLIC · Trial balance
▾
Build a comprehensive understanding of the core principles underpinning all modern accounting. Deepen your knowledge of the dual effect principle, the accounting equation, and the classification of assets, liabilities, capital, income, and expenses. Master the DEAD CLIC mnemonic for debit and credit entries, understand opening balances and journal recording, and confidently record cash transactions in the appropriate ledger accounts.
CH2
RLCA, PLCA, Reconciliations & VAT Control Accounts Receivables · Payables · Contra entries · VAT management
▾
Master the professional control systems used in real-world business accounting. Learn how the Receivables Ledger Control Account (RLCA) and Payables Ledger Control Account (PLCA) sit within the general ledger and reconcile with subsidiary ledgers. This chapter also covers irrecoverable debts, contra entries, and how VAT is managed within the bookkeeping system.
CH3
Errors & Suspense Accounts 12 error types · Journal corrections · Suspense accounts
▾
Learn to identify, correct, and prevent bookkeeping errors — a critical skill in professional practice. This chapter covers all twelve types of bookkeeping errors, distinguishing those detected by the trial balance from those that remain hidden. You'll master the three-step process for correcting errors using journal entries and understand how suspense accounts are used as temporary holding accounts when mistakes are discovered.
CH4
Payroll Procedures Statutory deductions · Employer obligations · Payroll accounting
▾
Understand the essential procedures for managing employee payroll and related accounting. This chapter covers statutory deductions, employer obligations, and the recording of payroll transactions in the accounting system — and how payroll integrates with the broader bookkeeping system.
CH5
The Banking System & Bank Reconciliations Cash books · Payment methods · Reconciliation procedures
▾
Master cash management and bank reconciliation — two of the most critical practices in business bookkeeping. Learn to prepare cash books, understand various payment methods and their implications, and perform bank reconciliations that ensure your records match bank statements and cash flow is managed with confidence.
What You'll Achieve

Skills You'll Walk Away With

Complete both units and you'll possess a full professional bookkeeping toolkit — ready for the workplace or AAT certification exams.

✓

Understand the complete flow of business transactions through the accounting system

✓

Master double-entry bookkeeping in real business scenarios

✓

Record sales and purchase transactions with precision and confidence

✓

Manage complex debtor and creditor control accounts

✓

Perform bank reconciliation and cash book preparation

✓

Identify all 12 types of bookkeeping errors and correct them

✓

Understand VAT control accounts and payroll accounting

✓

Be fully prepared for AAT Level 2 certification exams

Who This Is For

Built for Your Career Stage

🔄

Career Changers

Break into UK bookkeeping and accounting roles with a recognised qualification

💼

Entrepreneurs

Take control of your own business finances with confidence and clarity

🎓

AAT Candidates

Prepare thoroughly for both AAT Level 2 Bookkeeping unit exams

📊

Finance Professionals

Strengthen your foundational bookkeeping knowledge and fill the gaps

Course Features

Everything You Need
to Succeed

🎬

Expert Video Lessons

27 professionally produced lessons with real-world examples and clear visual aids.

📄

Real Business Documents

Practice with actual ledger sheets, bank statements, payroll documents and more.

📒

Practice Tests & Mock Exams

Dedicated assessments for both units, including a full mock exam for Unit 2.

🕐

Fully Self-Paced

Study on your schedule — revisit lessons as many times as you need.

🎯

Clear Learning Objectives

Every lesson has defined outcomes so you always know exactly what you'll master.

🏆

AAT Certification Ready

Fully aligned with AAT requirements — learn exactly what the exams expect.

Danylo K. — ELF College Instructor
Your Instructor

Daniel K.

UK-Based Accountant & Bookkeeping Educator

Danylo is a qualified accountant with over 6 years of hands-on experience in the UK financial sector. His career includes working for a major UK company with £100M+ in revenue — giving him deep, real-world insight into how bookkeeping and accounting operate at scale. Today, Daniel is the co-owner of an accounting firm providing professional bookkeeping and accounting services to UK businesses. Alongside his practice, he is a dedicated educator — bringing the same precision and clarity he applies daily in business directly into every lesson he teaches. With Daniel, you're not just learning from a textbook — you're learning from someone actively working in the field.

6+
Years UK Experience
£100M+
Past Company Revenue
Co-Owner
Accounting Firm
UK-Qualified Accountant
Accounting Firm Co-Owner
Corporate Finance Background
Experienced Educator

Start Your Bookkeeping
Journey Today

Join hundreds of students who've built real confidence and career-ready skills with ELF College's Bookkeeping Level 2.

Enrol in Bookkeeping Level 2 →

🔒  Secure enrolment · Self-paced learning · AAT aligned

Bookkeeping Level 2 - Complete Course
£200.00
One time

Master professional bookkeeping from first principles to advanced controls. This complete course covers both AAT Level 2 units — 27 expert-led video lessons, real business documents, and full exam preparation. Ideal for career changers, entrepreneurs, and AAT candidates.

✓ ✦ 27 expert-led video lessons
✓ ✦ 2 full AAT Level 2 units covered
✓ ✦ Practice tests & mock exams included
✓ ✦ Real business documents & worked examples
✓ ✦ 6-month access
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