The goal of the course is to enable students to develop speed and accuracy in working with the Peachtree, QuickBooks and Tally software to analyze process and report accounting information. Students will learn how to set up a company, prepare invoices, purchase orders, reconcile bank and credit card accounts, write checks, do online banking, prepare budgets, process payroll, prepare quarterly payroll taxes and much more.
Course Coverage:
- Basic Accounting Procedures: Manual vs. Computerized Description
- Double entry accounting
- Determine events that constitute a transaction
- Define accounting procedural differences in manual & computerized systems
- Discuss accounting information systems
- Organize an existing chart of accounts
- Evaluate banking activities
- Perform customer sales transactions
- Perform vendor & purchase transactions
- Demonstrate methods of accounting for inventories
- Demonstrate payroll activities
- Demonstrate the preparation of financial statements
- Formulate a chart of accounts
- Evaluate banking activities
- Perform customer sales transactions
Participant Profile:
Accountants/Finance professionals involved in the accounting/finance fields. The university students of Finance/Accounting who have interest or aspire to join accounting/finance fields are also encouraged to participate in this course.
Instructor Profile:
Qualified & competent professional will conduct this course.
Methodology:
The course is taught mainly through lectures, demonstrations and hand on practice on computers & papers. Example design problems will be presented and discussed throughout the course.
Learning Outcome:
Students will feel capable of doing computerized accounting work, not only for other companies, but also may entertain the idea of starting their own bookkeeping practice. Those who successfully complete the course will possess the fundamental skills needed to manage an accounting system that uses the software.