Rouse Company Foundation Student Services Building

ACCT 179 Quickbooks for the Professional

This course teaches students to create and edit financial information for both service and merchandising business using the QuickBooks® accounting software package. Students learn to use QuickBooks to establish a company and enter specific data to complete the accounting cycle. An emphasis is placed on tracing accounting principles to the QuickBooks® software. Through an extensive experiential learning approach, students create a fictitious company and produce accounting records such as payroll, bank reconciliations, and financial statements.

Credits

3

Prerequisite

ACCT 111

Hours Weekly

3 hours weekly

A graduate should be able to

  1. Set up a company to operate with QuickBooks®.
  2. Prepare a chart of accounts.
  3. Process transactions for service and merchandising businesses.
  4. Detect and correct errors within the accounting cycle.
  5. Prepare and print necessary forms such as invoices, vendor reports, and journals.
  6. Perform the adjustment process.
  7. Perform the end-of-period closing process.
  8. Perform the payroll function.
  9. Prepare a bank reconciliation.
  10. Prepare financial statements.
  11. Protect financial information using the password function and data back-up function.
  12. Prepare and modify budgets for service and merchandising businesses.

A graduate should be able to

  1. Set up a company to operate with QuickBooks®.
  2. Prepare a chart of accounts.
  3. Process transactions for service and merchandising businesses.
  4. Detect and correct errors within the accounting cycle.
  5. Prepare and print necessary forms such as invoices, vendor reports, and journals.
  6. Perform the adjustment process.
  7. Perform the end-of-period closing process.
  8. Perform the payroll function.
  9. Prepare a bank reconciliation.
  10. Prepare financial statements.
  11. Protect financial information using the password function and data back-up function.
  12. Prepare and modify budgets for service and merchandising businesses.