ACT 1280-300
QuickBooks Accounting
Fall 2007
Instructor: Susan Koepke
Office: A-327
Instructor email: susan_koepke@ivcc.edu
Office: (815) 224-0392
Office Hours: Monday: 11:00 to 12:00
Tuesday: 9:30 to 11:00 and 12:15 to 1:00
Wednesday: 11:00 to 12:00 and 5:30 to 6:30
Thursday: 9:30 to 11:00 and 12:15 to 1:00
Textbook and supplies
COMPUTER ACCOUNTING WITH QUICKBOOKS PRO 2007, 8TH ed., Ulmer, McGraw-Hill Irwin, 2007, (ISBN: 0073131448). Storage device, flash drive recommended.
Course Description:
This course utilizes QuickBooks Pro Software to perform various financial accounting functions including general ledger, accounts payable, accounts receivable, inventory and fixed assets. There is an emphasis on payroll regulations and the payroll functions of maintaining employee information, processing the payroll, and preparing required governmental reports.
Expected Learning Outcomes
Upon completion of this course the student will be able to:
1. Perform basic accounting procedures using QuickBooks Pro
a. Create a QuickBooks company
b. Edit a preset chart of accounts
c. Enter opening balances
d. Create journal entries
2. Perform basic maintenance procedures using QuickBooks Pr
a. Create job lists
b. Create employee lists
c. Create vendor lists
d. Customize fields
e. Sort, merge, rename, delete, and print lists
f. Customize statements
3. Perform general ledger daily activities using QuickBooks Pro
a. Create and customize invoices
b. Record cash sales
4. Perform daily and monthly Accounts Receivable functions including maintenance and invoicing using QuickBooks Pr
a. Create a service invoice and enter charges
b. Create statements and enter charges
c. Record receipt against invoices
d. Record deposits
e. Print statements
5. Perform ongoing Accounts Payable functions including maintenance and check writint using QuickBooks Pro
a. Write a QuickBooks check
b. Use bank account registers
c. Enter handwritten checks
d. Reconcile bank statements
e. Enter bills into accounts payable
f. Pay bills
6. Perform inventory functions using QuickBooks Pro
a. Enter products into inventory
b. Order products
c. Show receipt of inventory
d. Pay for inventory
e. Manually adjust inventory
7. Maintain fixed asset records using QuickBooks Pro
a. Set up asset accounts
b. Track depreciation
c. Record payments on loans
8. Track and pay sales tax
a. Set up rates and agencies
b. Apply taxes to sales
c. Create a sales tax liability report
d. Use a sales tax payable register
e. Pay sales tax
9. Prepare and record a payroll using QuickBooks Pro
a. Set up employee payroll information
b. Add employees
c. Write a payroll check
10. Compute the various payroll-related taxes, prepare the necessary payments, and fill out the various reporting forms.
a. Track tax liabilities
b. Pay payroll taxes
c. Print forms 940 and 941
11. Estimate, time tracking and job costing
a. Create job estimates
b. Create an invoice from an estimate
c. Update job status
d. Track time
e. Prepare projects reports
12. Create graphs
a. Create and income and expense graph
b. Create a sales graph
c. Customize graphs
13. Create reports
a. Create QuickReports
b. Customize and memorize QuickReports
c. Run preset reports
d. Print reports
Disability Statement
If you need support or assistance because of a disability, you may be eligible for academic accommodations through the Special Populations Office. Stop by office B-204 or call (815) 224-0284.
Attendance Policy
Students are expected to attend all classes regularly. If I feel that your absences will interfere with your progress and your ability to successfully complete this course, I have the right to drop you from the course without prior notice. If absence from class is unavoidable, it is the student's responsibility to explain the absence to his instructor and arrange to complete any work missed. It will be the instructor’s decision as to whether the work will be accepted for credit. Refer to the following web address for more information. http://www.ivcc.edu/faculty_and_staff/faculty_handbook/grade_and_attendance_records/
Assessment of Student Learning & Grading
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Withdrawals must be requested through the instructor. Instructors then complete the form and turn it in to the Office of Admissions and Records in C215 by the date designated on the top of the class roster. Be sure to check with Financial Aid to see if this might affect your financial aid. Withdrawal from a course can affect financial aid. Students who receive financial aid should see an advisor in the Financial Aid Office before withdrawing from a course.
Plagiarism constitutes the appropriation of another person's exact words or original thoughts or writing without extending proper credit (using in-text citations and a works cited reference list) to the original source. As such, plagiarism exists as an illegal action—a type of theft that, in the business/professional world, for example, could result in severe penalties against you. The administration and faculty of Illinois Valley Community College prohibit plagiarism, whether the language and the ideas originate from a published source or from work done by another student. Commission of plagiarism and/or cheating may result in failure of the course and/or dismissal from the college. Simply, plagiarism is not worth the effort; don't do it!
Course Changes – There may be times when the assignments listed on the course outline may vary from what was written. If there are any differences between the outline and what is listed in the assignments folder I will make an announcement. Regardless of any changes in course materials, the course objectives will remain the same.
You may access the Blackboard site at the following: Http://blackboard.ivcc.edu. Please check out the resources available to assist you in successful completion of this class. Your quiz and test grades will be available as well.