ACCT 2110 Quickbooks Accounting

This course will provide an introduction to accounting software and its application to the accounting cycle. Training will be provided in setting up the original accounting records for a business with the software and then in recording various accounting transactions. (1 lect., 2 lab) IT

Credits

2 credits

Major Topics

  • Setting up Quickbooks
  • Chart of Accounts
  • Banking
  • Customers and Sales
  • Vendors, Purchases and Inventory
  • Employees and Payroll
  • Reports and Graphs
  • New company setup
  • Accounting for a Service Company

Outcomes

In order to successfully complete this course, the student will:

1. Develop a basic understanding of how Quickbooks functions

2. Prepare a chart of accounts for a new company

3. Correctly prepare and implement appropriate payroll and control systems for a business

4. Correctly identify and record transactions relating to payables and receivables

5. Prepare and set up the accounting functions for a new company

6. Correctly identify and record accounting transactions for a service company

7. Print financial statements and other documentation utilizing the automated accounting system

8. Record journal entries and post these entries to the general ledger

9. Analyze the impact of computerized accounting within diverse populations

Other Information

Any information placed here must be adhered to by all instructors:

For textbook information, contact the instructor.