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Assignment 2 Quickbooks 2014 Project

This document provides details about Assignment 2 for a QuickBooks 2014 course. The assignment involves completing five milestones of a QuickBooks live project, including developing a proposal, setting up a sample QuickBooks accounting system, developing sample lists, entering transactions, and providing a one-page summary. The assignment aims to have students apply skills like creating and maintaining accounting records, generating financial reports, and converting a manual system to QuickBooks. It is worth 250 points and is due in Week 10.

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0% found this document useful (0 votes)
96 views

Assignment 2 Quickbooks 2014 Project

This document provides details about Assignment 2 for a QuickBooks 2014 course. The assignment involves completing five milestones of a QuickBooks live project, including developing a proposal, setting up a sample QuickBooks accounting system, developing sample lists, entering transactions, and providing a one-page summary. The assignment aims to have students apply skills like creating and maintaining accounting records, generating financial reports, and converting a manual system to QuickBooks. It is worth 250 points and is due in Week 10.

Uploaded by

Doreen
Copyright
© © All Rights Reserved
Available Formats
Download as PDF, TXT or read online on Scribd
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Assignment 2: QuickBooks 2014 Project

Assignment 2: QuickBooks 2014 Project

Question

Assignment
2: QuickBooks 2014 Project
Due Week 10 and worth 250 points

Assignment 2 is based upon the completion of the Live Project – QuickBooks in


Acti
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Assignment 2: QuickBooks 2014 Project

Question

Assignment
2: QuickBooks 2014 Project
Due Week 10 and worth 250 points

Assignment 2 is based upon the completion of the Live Project – QuickBooks in


Action (located in Chapter 13). This project will have you assuming the role of
a consultant providing QuickBooks consulting services to a client. Your
professor will provide a sample client to use for this project. As you work
through the project, you will see there are seven (7) deliverables /
milestones, of which only five (5) will be completed for this assignment:

1. Milestone 1. Develop at least a


five (5) page proposal for your project. In this milestone, your professor
will provide a sample of a real-world client that needs assistance in
establishing an accounting system using QuickBooks. Your professor will
also provide you with some information about the client so you can develop
a plan for a QuickBooks accounting system that will meet the client’s
needs. Note: The title page, references, appendix, etc. are not included
in the required page length.
2. Milestone 2. Develop a prototype
or sample QuickBooks accounting system for the client. Set up a company in
QuickBooks with a sample chart of accounts and enter beginning balances
for the accounts.
3. Milestone 3. Develop sample
QuickBooks lists for customers, vendors, items, and employees.
4. Milestone 4. Enter a list of
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sample transactions that were used to test the prototype and a series of
QuickBooks reports that show their results.
5. Milestone 5. Provide a one (1)
page summary in which you:

a. Identify at least
three (3) reports per area: Bills and Collections; Invoicing and Payments;
Payroll; and Financial Reporting.
b. For each area, describe the key benefits that the reports
will provide.
c. For each area, determine who will be using the reports and
the frequency (e.g., ad hoc, daily, weekly, monthly, etc.) of their use.

Note:
Students will not be completing Milestones 6 and 7.

Your assignment must follow these formatting requirements:

Be typed, double spaced, using


Times New Roman font (size 12), with one-inch margins on all sides;
citations and references must follow APA or school-specific format. Check
with your professor for any additional instructions.
Include a cover page containing
the title of the assignment, the student’s name, the professor’s name, the
course title, and the date. The cover page and the reference page are not
included in the required assignment page length.

The
specific course learning outcomes associated with this assignment are:

Discuss how automated accounting


software can help management make better informed business decisions.
Create and maintain accounting
records with QuickBooks.
Generate financial reports for
most small- to medium-sized businesses with QuickBooks.
Convert a manual-based accounting
system to QuickBooks.
Use technology and information
resources to research issues in microcomputer applications for
accountants.
Write clearly and concisely about
microcomputer applications for accountants using proper writing mechanics.

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Assignment 2: QuickBooks 2014 Project

Attachments
250011.docx (540.96 KB)

Preview: data xxxxx every xxxx thing too xxxx makes it xxxx demanding xxx xxxxxxx to
xxxxxxxxxxx their receipts xxx pay them xx time xxxxx xxxxxxx On xxx off chance xxxx you sign
x great xxxx xx checks xxx your business, xxxxxxxxx Quickbooks can xxxxx you x xxx of xxxx
Quickbooks permits xxxxxxxxxxxxx to sweep xxx transfer xxxxx xxxxx and xxxxxxx those marks
xx set up xxx checks xxx xxx business xxxx mechanized methodology xx much less xxxxxxx
and xxxxxxx xxxx composing xxxx checks by xxxx every month xxxx Management xxxxxxxxxx
xxx accompanies xxxxxxxxxx intended to xxxx little organizations xx dealing xxxx xxxxx cash
xxx part of xxx project permits xxxxxxx to xxxxx xxx due xxxxx and installment xxxx for all
xxxxxxxxx bills xx xxxxx are xxxxxxxxx clients may xxxxx checks specifically xxxx QuickBooks
xxxxxx xxxxx every xxxxxxxx is recorded xxx simple access xxxx future xxxxxxx xxxxxxxxxx Pro
xxxxxxx can likewise xxxxxxxxx their financial xxxxxxxx to xxx xxxxxx Notwithstanding xxxxxxx
them the xxxxxxxxxxxxx of review xxx monetary xxxxxxx xx a xxxxxxxx screen, this xxxxxxxxx
additionally issues xxxx the xxxxxx xx wiping xxx the requirement xxx paper bank xxxxxxxxxxxx
Cost xxxxxxx xx the xxxxx when leading xxxxxxxxx experts regularly xxxx on xx xxxxxxxxxx of
xxxxx that are xxxxx charged to xxxxxxxxx These xxx xx little xxxxx for example, xxxxxxx and
dinners, xx huge xxxxxxxxxxxxx xxx example, xxxxxxxxx global travel xxxxxxx the size xx kind
xx xxxxx QuickBooks xxx keeps up x highlight that xxxxxxx clients xx xxxxxx every xxx
Moreover, costs xxx be spared xx or xxxxxxxxxxx xxxxxx clients xxx profit of xxx needing to
xxxxxxxxxxx them xxxxxxxxxx xxxxx Invoicing xxxxxxxxxx Pro gives xxx timesaving advantage
xx following xxxxx xxx consequently xxxxxx receipts and xxxxxxxx at the xxxxx of x xxxxx
Receipts xxx then be xxxxxxxxxxxxxx sent to xxxxxxx by xxxxx xx email xxx project likewise
xxxxxxx clients to xx charged xxxxxxxxxxxxx xx in xxxxxxxxx groups The xxxx capacity may
xxxx specifically xxxxxxxxxx xxxx charging xxxxxxxx customers for xxx same administration
xxxxxxx that xxxxxxxxx xx Intuit xxxxxxxxxx Merchant Services xxxx the added xxxxxx of xxxxxx
xxx capacity xx acknowledge credit xxx charge card xxxxxxx through xxxxxxxxxx xxx Likewise,
xxxxxxx that subscribe xx Intuit Check xxxxxxxx for xxxxxxxxxx xxxx up xxx capacity to xxxxxx
and store xxxxxxxxx with xxx xxxxxxx killing xxx need to xxxxxxxxxx enter the xxxxxxxxxxx
Reporting xxxxxxx xx QuickBooks xxx have the xxxxxxxx to make xx assortment xx xxxxx
related xxxxxxx These incorporate xxxxxxxxxxxxxx wage, cost, xxxxxxxx and xxxxxxxxxx
xxxxxxx Moreover, xxxxx report can xx traded into xxxxxxxxx Excel xxxxxxxxxxx xxxxxxxxxxx
and xxxx electronically by xxxxx of email xxxx to xxx xxx creators xx QuickBooks Pro xxxxxxxx
the product xx be xxxx xx understand xxxxxxx client setup xxxxxxxxx gives clients x virtual
xxxxxxxxxxxx xxxxxxx Likewise, xxx greater part xx the program's xxxxxxxxxx can xx xxxxxxx at
xxx click of x catch Numerous xxxxxxxxxxxxx aren't xxxxx xx completely xxx a handle xx the
money xxxxxxx basics xx xxxxx associations xxxxxxx of absence xx sufficient reporting xxx
following xx xxxxxxxxx Knowing xxxxx your business xx going is xxxxxxxxxxxxx in xxxxxx x
fruitful xxxxxxxx Hence, a xxxxxx and practical xxxxxx for xxxxxxxxx xxxxxxxx dealings xx
needed Bookkeeping xxxxxxxxxxx doesn't just xxxx in xxxxxxxxxx xxx following xxxxx
techniques, it xxxxxxxx serves to xxxxx the xxxxxxxxxxx xx your xxxxxxxxx execution Using
xxxxxxx income programming xxx yield xxxxxxxxxx xxxxxxx for xxxx business QuickBooks xx a
bookkeeping xxxxxxxxxxx bundle xxx xxxxxx to xxxxxxxxxxxx organizations Created, xxxx and
bolstered xx Intuit xxxxxxxx xxxxxxxxx of xxx expense program xxxxxxxx — QuickBooks xxx
turned xxxx x standard xxx individuals that xxxx a basic xxxxxxxx to xxxxx xxxxx business xx
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can be xxx on your xxxx or xxxxxxxx xxx and xx likewise accessible xx an online xxxxxx
QuickBooks xxx xxxxxxxxx into xx effective apparatus xxxx numerous highlights xxxx the xxxxxx
xxxxxxxxxxx bundles xx additionally was xxxx to be x more xxxxxxx xxx to xxxxxxxxxxxx not
obliging x degree in xxxx to xxx xxx get xx The average xxxxxxxxxxx of QuickBooks xxxxxxxx
Putting xxxx xxxxxx and xxxxxx data Following xxxxx and costs xxxxxx client xxxxxxxx
xxxxxxxxx installments xxxx clients Investigating xxxxx and costs xxxxxxxxx monetary
xxxxxxxxxxx xxx expense xxxxxxxx There are x few focal xxxxxx to xxxxxxxxx xxxxxxxxxx more
xxxx a manual xxxxxxxxxxx framework, in xxx same xxx xx a xxxxx or spreadsheet: xxxxxx are
carried xxx naturally xx xxx don't xxxx to crunch xxx numbers Lessens xx takes xxx xxxx lapses
xx oversights Information xxxxxxx is reliable xx g xxxxx xxxxxxxxx forms, xxxxxxxxx number
configurations, xxx so forth x which xxxxx xxxxxxxxxxx or xxxxxxxx down information xxxx
simpler Changes xxx effectively xxxxxx xxx through xxx framework (e x , changing xxx business
xxxxxxx xxxx in xxx spot will xxxxxxxxx it for xxx business xxxxxxxx xxxxxxx down xxxx is
simple xxx speedy with xxxxxxxx alternatives xx xxxx and xxxxxxxxxxxx the data xxxxxxx report
arrangements xxx accessible xx xxxx or xxxxx QuickBooks can xxxxxxxx download bank xxx
Visa xxxx xxxx your xxxxxxxxx so you xxxxx need to xxxxxxxxxx enter xxxx xxxxx once xxxxx
lessens information xxxxxxx slips and xxxxxx you xxxxxxxxxxx xxxxxxxxxx to xxx reports to xxx
your organization's xxxxxxxxx status xxx xxxx advantage xx utilizing QuickBooks xx that it xxxx
contain x xxxxx portion xx the data xxx will requirement xxx expense xxxxxxxx xxx can xxxxxx
reports or xxxx information records xx assessment xxxx xx send xx your bookkeeper xxxx again
on xxx off xxxxxx xxxx you xxxxxxx the Intuit xxxxxxx TurboTax, it xxxx pull xxx xxxx it xxxxx
from QuickBooks xxxxx are some xxxxxxxxxxxxx of xxxxx xxxxxxxxxx as xxxx Hence in xxxxx to
ensure xxxxxxxx decision xxxxxxx xxx same xx also provided xxxxxxxxxxxx It is xxxxxxxx but
xxxxxxxxx xx make

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