Discuss basic accounting principles


Assignment:

As we conclude this semester, take this time to reflect on what you learned, how you can use it in the workplace, personal finance and/or your own small business practice.

Objective:

Share with your peers meaningful thoughts and ideas.

Requirements:

- Minimum 200 Word Count
- Reply to one of your peers

Course Description:

QuickBooks Pro 2015: Comprehensive reviewsall small-business-related accounting needs.

In Unit 1: Essential Skills, students are introduced to QuickBooks and basic file-management tasksnecessary for mastering the essentials, includingsettingup a company file, working with customers and vendors, and using banking tasks in QuickBooks.

In Unit 2: Advanced Skills, students learn how QuickBooks deals with inventory, how to work with balance sheets and accounts, how to run payroll, how to work with estimates and time tracking, and how to customize a variety of QuickBooks reports and forms.

Unit 3: Additional Skills, covers all stages of the accounting cycle, reviews GAAP, covers the use of classes in QuickBooks, and reviewshowto produce statements, make general and inventory adjusting journal entries, and close the books in QuickBooks.

COURSEOBJECTIVE:

By the end of this course, you will be able to:

1. Discuss basic accounting principles
2. Create a customer file and complete customer and vendor transactions
3. Use QuickBooks banking features
4. Complete various physical inventory tasks
5. Use QuickBooks for payroll
6. Customize reports and create custom templates

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Accounting Basics: Discuss basic accounting principles
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