1. Review Final Exam Jason Wu January 22, 2014 CAC205-D3 Computerized Accounting

2. Detailed Start EasyStep Interview QuickBooks Setup Create Company File Create Chart of Accounts Vendor Center Vendor Center Customer Center Customer Center Item List Cash- Operating Banking Add customers Add vendors Service Items Inventory Part Items Sales Tax Ch.6 New Company Setup – Detailed Start Customizing Updating Preparing for the Accrual Basis of Accounting ……

3. Express Start Company Preferences Account Numbers Inventory Sales Tax Payroll Updating Chart of Accounts List Customizing New Company File System Default Accounts Payment Terms Customize SDA Created in New Company File and Preferences Hide SDA Created in New Company File and Preferences Customize Additional SDA Created for Use in Activities Windows Updating the Lists and Centers Update the Item List Update Customer Center Update Vendor Center Adjusting for the Accrual Basis of Accounting Chapter 7 New Company Setup – Express Start Entering Opening Balance Reversing Uncategorized Income Accts Reversing Uncategorized Expense Accts

4. Payroll Setup Updating Payroll- Related Accounts Customize Payroll System Default Accounts Adding Payroll Accounts Payroll for Manual Processing Help  QuickBooks Help  Payroll Options  Manually calculate and enter payroll withholdings for each paycheck  Manual payroll calculations Set up the Payroll Item List Customize the Payroll Item List Update the Payroll Item List Adding a Salary and Wage Payroll Item Adding a Payroll Withholding Payroll Item Chapter 8 Payroll Setup

5. Employee Center Payroll Item List Chapter 9 Payroll Processing

6. Transfer Funds Cash PMT Journal Cash Receipt Journal General Journal General Journal Transfer Funds Between Accounts Transfer Funds Between Accounts Manual Accounting QuickBooks If Not by Checks Bank Reconciliation Timing Differences Omissions Errors +/- Reconcile Credit Card Charges Part of A/P Recorded when bill paid Expenses recorded behind Enter Credit Card Charges Recorded immediately Separate from A/P Proper Matching Ch.10 Banking

7. Customer Center Customer Center Job File Jobs Revenue Create Invoices Enter Sales Receipts Manual Accounting Sales Journal Cash Receipts Journal Rev/Exp General Ledger Jobs Expense Purchases Journal Cash Payment Journal Payroll Journal Payroll Journal Jobs Subsidiary Journal (Revenue & Expense) Jobs Subsidiary Journal (Revenue & Expense) Automatically Update Weekly Timesheet Pay Employees Time Tracking Automatically Update Ch.11 Jobs & Time Tracking Customer Statement

8. Customize the Desktop Customize Subaccounts Presentation Merge Entries Create Custom Fields Chart of Accounts List or Center Customize Activities Windows and Printed Documents Customize the Appearance of Report QuickBooks Letters Memorized Transactions Graphs Fiscal Year Process Multiple Report Set Default Settings in Reports Ch.12 Customizing Your Company File

9. Appendix ECustomer Credits and Bad Debt Write-offs (con’t) Customer Receive Payments Discount and Credit Amount of Discount Discount Account $ xxx Bad Debt Expense Customer Balance Detail Report Profit & Loss Standard Report