Simply Accounting - Level 1
Course Description
This is an introduction to accomplishing basic accounting tasks using Simply Accounting. Students will begin with a company file and enter transactions for general ledger, accounts receivables, accounts payable, inventory, and managing capital expenses. This course will review some accounting fundamentals as they relate to the transaction at hand only.
Who Should Attend
People who have taken a Microsoft Windows - Level 1 and Accounting Fundamentals course, or have equivalent work experience.
Courseware Outline
Introduction
- What is Simply Accounting?
- Starting Simply Accounting
- Selecting a Set of Data Files
- Looking at the Simply Accounting Home Window
- Understanding the Chart of Accounts
- Saving Changes
- Company Information
- Printing the Chart of Accounts
- Understanding the Session Date
- Accounting / Non-Accounting Terminology
- General Module Linked Accounts
- General Journal Transactions
- Recurring Transactions
- Adjusting and Reversing General Journal Entries
- The General Journal Report
- Backing Up Simply
- Accounting Data Files
- Exiting Simply Accounting
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Accounts Payable
- Creating & Modifying Vendors
- Setting Up the Shippers List
- Payables Module Linked Accounts
- Purchasing Inventory on Account
- Non-Inventory Purchases
- Purchases With Immediate Payment
- Recurring Entries
- Purchase Orders
- Filling a Purchase Order
- Creating a Purchase Invoice from a Purchase Order
- Viewing, Adjusting & Voiding Posted Payables Invoices
- Payables Payments
- Paying Vendor Invoices
- Making Prepayments
- Payables Reports
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Accounts Receivable
- Creating & Modifying Customers
- Receivables Module Linked Accounts
- Accounts Receivable Sales
- Recurring Transactions
- Sales Quotes
- Accounting for Over-the-Counter Sales
- Viewing, Adjusting & Voiding Posted Receivables Transactions
- Receivable Receipts
- Receiving Payment on Invoices
- Adjusting/Reversing Receivables Receipts
- Applying Deposits/Prepayments
- Sales Returns
- Receivables Reports
Inventory and Services
- Creating Inventory Accounts
- Creating Inventory Items
- Creating Service Items
- Changing Inventory & Service Data
- Inventory Module Linked Accounts
- Inventory Reports
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Click here to register for this course
or call us at: 905-628-3208
Service Areas: |
Ancaster, Milton, Waterdown, St. Catharines, Niagara Falls, Kitchener, Waterloo, Hamilton, Burlington, Dundas, Oakville and Mississauga West |
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