| Originator: | Hofstadter, Candace Status: Approved Department: ACC Accounting |
| Date Created: | 03/07/2016 Submitted: 03/07/2016 Completed: 04/16/2016 |
| Effective Semester: | Fall |
| Catalog Year: | 2016-17 |
| Course Prefix: | ACC |
| Course Number: | 120 |
| Course Full Title: | Using QuickBooks |
| Reason for Evaluation: | Prerequisite Change |
| Current Credit: | 2 |
| Lecture Hours: | 2 |
| Lab Hours: | 0 |
| Clinical Hours: | 0 |
| New Credit Hours: | 0 |
| Lecture Hours: | 0 |
| If the credit hour change box has been marked, please provide the new credit hour: | |
| New Lecture Hours: | |
| New Lab Hours: | |
| New Clinical Hours: | |
| New Internship Hours: | |
| New Externship Hours: | |
| SUN Course?: | No |
| AGEC Course?: | No |
| Articulated?: | Yes |
| Transfer: | ASU NAU UA |
| Prerequisite(s): | Appropriate score on placement exam or completion of PCS023 and TRE 089 with an "S"
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| Corequisite(s): | NA |
| Catalog Course Description: | Provides an interactive tour of the QuickBooks software and demonstrates its features. Course takes students step-by-step through the QuickBooks program learning hands-on how to do the following: record business activities as journal entries, adjust entries, create financial statements, prepare budgets, income statements, balance sheets, business reports and payroll, and use the software to set-up a new business and help make business decisions. |
| Course Learning Outcomes: | 1: Take an interactive tour of the QuickBooks software. (6)
2: Record business activities in QuickBooks. (3,6) 3: Create financial statements for a company using QuickBooks. (6) 4: Prepare budgets in QuickBooks. (6) 5: Set up a new business using the QuickBooks software. (3,6) 6: Make business decisions using the QuickBooks software. (3,6) |
| Course Competencies: | Competency 1 Demonstrate the various features of QuickBooks.
Objective 1.1 Explain the different editions of QuickBooks and the types of companies that use them. Objective 1.2 Explore various types of QuickBooks files, including the reasons and uses of each type. Objective 1.3 Perform the standard file operations including: "Restore" "open" "back up" and "close". Objective 1.4 Determine file storage and back-up location, and options for data protection. Objective 1.5 Navigate QuickBooks through the use of the Home Page and the Icon Bar. Competency 2 Create a new company file for both a new and an existing company. Objective 2.1 Create a new company with modified preference settings. Objective 2.2 Modify chart of accounts, including accounts with opening balances. Objective 2.3 Set up administrator and user accounts with restricted and password access. Objective 2.4 Close out the company books. Objective 2.5 Use the "help" resources in QuickBooks Objective 2.6 Locate other sources of QuickBooks help. Competency 3 Utilize the Vendor Center to manage Vendor Lists. Objective 3.1 Create customized vendor profile lists, using custom fields. Objective 3.2 Perform standard operations of bills including: entering, processing, paying and posting payment details. Objective 3.3 Process transactions that pass along expenses to customers. Objective 3.5 Produce vendor reports and QuickBooks graphs. Competency 4 Utilize the Customer Center to manage customer and Job Lists. Objective 4.1 Create customized customer profile lists, using custom fields. Objective 4.2 Use service and non-service items. Objective 4.3 Create customer invoices and statements. Objective 4.4 Enter sales receipts Objective 4.5 Receive payments on invoices. Objective 4.6 Produce customer reports and profit and loss reports. Competency 5 Create accessible bank accounts and banking activities in QuickBooks. Objective 5.1 Create bank accounts in QuickBooks. Objective 5.2 Make deposits and transfer funds using bank accounts. Objective 5.3 Manage credit card accounts that were created. Objective 5.4 Reconcile bank and credit card accounts. Competency 6 Fix errors In QuickBooks entries after they are found. Objective 6.1 Perform the standard operations for the incidence of errors including: Locating, editing, voiding and deleting erroneous transactions. Objective 6.2 Modify statements for customers, including statement charges after they have been created. Objective 6.3 Write off bad debt as a discount Objective 6.4 Enter credit memos for credit extended from vendors. Objective 6.5 Customize reports and graphs using formatting and filtering techniques. Objective 6.6 Incorporate formatting options in various reports, templates, and forms. Competency7 Prepare a Balance Sheet and Income Statement using QuickBooks Objective 7.1 Create a balance sheet. Objective 7.2 Print a balance sheet using the report button bar. Objective 7.3 Create an income statement. Objective 7.4 Print an income statement using the report button bar. |