Computerised Accounting

Create Company
1. Not part of assessment
2. File: New Company; Follow prompt
3. Setting: Change program date
Set up Customer Records
1. Customer: New Customer
  1. Follow prompt
Setup Suppliers Record
1. Supplier: New Supplier; Follow Prompt
Set Up Nominal Ledger
1. Company: Nominal Record; Nominal code; Save
Process Invoice and credit notes for customers
1. Customer: Batch Invoice
2. Customer: Batch Credit
Process invoices and credit notes for suppliers
1. Supplier: Batch Invoice
2. Supplier: Batch Credit
Allocate monies received
1. Bank: Customer Receipt
2. Customer: Customer Receipt
  1. Paid in Full or automatic
Allocate monies paid
1. Bank: Supplier Payment
2. Supplier: Supplier Payment
  1. Paid in Full or Automatic
3. Remittance Advice: Bank; Remittance; Highlight, Print
1. Process receipt/payment for non-credit transaction
  1. Journal: Double entry
  2. Cash Sales- Bank Receipt
  3. cash Purchases: Bank Payment
  4. Cash Withdrawn: Bank Transfer
2. Process recurring receipts/payments
  1. Setup: Bank; Recurring Item; Add; Enter details
  2. Process: Enter date; Highlight; Print
  3. Print Screen: Ctrl+PrintSCRN
3. Process petty cash receipts/payments
  1. Petty Cash Receipt: Bank; Bank Transfer
  2. Petty Cash Payment: Bank; Petty Cash
Process journal entries
1. Company: Journal entry; Double entry
2. Most entries follow double entry
perform periodic bank reconciliation
1. Bank: Bank Reconciliation; match
maintain safety and security of data
1. File; Backup; Ctrl+PrintScrn
Produce reports
1. Customer: reports; Daybook; Customer Invoices (Detailed)
2. Supplier: Reports; Daybook; Supplier Invoices (Detailed)
3. Trial Balance: Company; Financial, Future; Print
4. Audit Trail: Company; Financial; Audit Trail; Detailed
5. Company: Report; Nominal Ledger

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Computerised Accounting

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	Created by dpratt214 almost 9 years ago