Accounting&Software Application
Course Description
This course introduces the student to automated accounting. The student will learn to use the AccPac Plus for Windows program through practice exercises with basic accounting principles. The course covers the Accounts Receivable, Accounts Payable, Payroll and General Ledger modules. A basic understanding of accounting, such as Principle of Accounting (PoA) is an asset.
This computerized accounting course is designed to teach basic Accounting and Bookkeeping Concepts and Practices-GAAP. The Program uses hands-on training to teach the students how to create a Company Database and record day-to-day business events / transactions. Through detailed analysis, the students learn how transactions affect Financial Statements and how the use of Financial Statements helps contribute to business decisions. The course uses the ACCPAC Simply Accounting version 8.5 for Windows software.
Potential CandidatesAnyone who wishes to have a career in Accounting and / or learn more about Accounting, Bookkeeping, and Payroll Accounting. A basic understanding of accounting, such as Principle of Accounting (PoA) is an asset.
Course Outline
1. Accounting Principles and Bookkeeping
* Assets, Liabilities, and Owner's Equity
* The Account & Double Entry System (Dr. & Cr.)
* Journalizing & Posting Transactions
* Financial Statements
* Adjusting the Accounts
* Using the Work Sheet to prepare Financial Statements
* Closing the Accounts and Closing Procedures
* Bank Reconciliation & the Use of Petty Cash Account
* Special Journals and Ledgers
* GST & PST
* Accounting for Merchandising
* Payroll Accounting
2. AccPac
Part I: General Ledger & Financial Reports
* General Ledger Creation
* Chart of Accounts
* Batch Processing
* Period End
* Financial Statements
* Year End
Part II: Accounts Receivable
* Accounts Receivable Data Creation
* Customer Data
* Record Opening Invoices
* Record Invoices (Sales on Accounts)
* Record Cash Receipts
* Period End Procedures
* Aged Receivable Reports & Statements
Part III: Accounts Payable
* Accounts Payable Data Creation
* Vendor Data
* Opening Payables
* Regular Invoices
* Processing Manual Cheques
* Processing System Cheques
* Period End Procedures
* Aged Payable Reports
3. Simply Accounting
* Introduction to Simply Accounting System
* The General Ledger and the Accounts
* The Accounts Receivable and the Cash Receipt
* The Accounts Payable and the Payment
4. QuickBook
* Introduction to QuickBook System
* The General Ledger and the Accounts
* The Accounts Receivable and the Cash Receipt
* The Accounts Payable and the Payment
5. Projects
* Set up project in the middle of Accounting Principle and Bookkeeping
* Supervise and answer the question through the rest of the course
* Utilized project data to practice the Accounting Software
* Summarize the Accounting Cycle
* Questions and Discussion
* Suggestions to the students
6. Office 2007 (Optional)
* MS Word
* MS Excel
Online Pre-Registration and Inquiry Form
