ACC-210 Computer Applications in Accounting

This course provides an in-depth overview of current computer applications and how they can be used in the variety of accounting/business settings. Emphasis is placed on the more widely-used accounting packages (i.e. QuickBooks) in order perform the required tasks of an accountant (i.e. invoicing, accounts receivables and payable, auditing and control, payroll, taxes, financial statements, etc.).

Credits

3

Prerequisite

ACC-101

Lecture Contact Hours

3

Lab Contact Hours

0

Other Contact Hours

0

Department

  • Business

Grading Scheme

  • Letter

SUNY Gen Ed Credit

  • No

Semesters Course Will Be Offered

  • Fall
  • Spring

Course Learning Outcomes

  1. Students will demonstrate the ability to enter accounting transactions into general ledger software.
  2. Students will demonstrate knowledge of professional comportment expected from an entry-level accountant.
  3. Students will demonstrate the ability to identify accounting errors and take the appropriate steps to correct them.
  4. Students will demonstrate the ability to generate standard and custom reports from general ledger software.
View Course Outline

ACC 210: Computer Applications in Accounting

Department

Business

Course Description

This course provides an in-depth overview of current computer applications and how they can be used in the variety of accounting/business settings. Emphasis is placed on the more widely-used accounting packages (i.e. QuickBooks) in order perform the required tasks of an accountant (i.e. invoicing, accounts receivables and payable, auditing and control, payroll, taxes, financial statements, etc.).

Credit Hours

3

Contact Hours

Lecture3
Lab0
Other0

Grading Scheme

Letter

Semester(s) Course Will Be Offered

Fall, Spring

Prerequisites

ACC-101

Course Learning Outcomes

  1. Students will demonstrate the ability to enter accounting transactions into general ledger software.
  2. Students will demonstrate knowledge of professional comportment expected from an entry-level accountant.
  3. Students will demonstrate the ability to identify accounting errors and take the appropriate steps to correct them.
  4. Students will demonstrate the ability to generate standard and custom reports from general ledger software.

Topic Outline

  1. Introduction to Computer Applications in Accounting
    1. Types of accounting packages
    2. Comparison of accounting packages
      1. Functions
      2. Identification of different parts of the screens
      3. Navigation
  2. Introduction to QuickBooks Pro
    1. Computer hardware and software terminology
    2. Opening, closing and backing up case files
    3. Introduction to QuickBooks screens and functions
    4. Navigating QuickBooks
  3. Sales and Receivables: Service Business
    1. Invoices
    2. Sales receipts
    3. Credit memos
    4. Receiving payments
    5. Making bank deposits
    6. New customers
  4. Payables and Purchases: Service Business
    1. Purchase orders
    2. Entering bills
    3. Paying bills
    4. Printing checks
    5. New vendors
  5. General Accounting and End-of-Period Procedures: Service Business
    1. Reconciliation of cash
    2. Adjustments and journal entries
    3. Other closing procedures
    4. End-of-Period reporting adding, de-activating, editing, and deleting general ledger accounts
  6. Sales and Receivables: Merchandising Business
    1. Expands chapter 2 for merchandiser operations
    2. Credits limits
    3. Sales taxes: collection and remittance
    4. Managing the "Item List" (products for sale)
    5. Credit card sales
    6. Early payment discounts
  7. Payables and Purchases: Merchandising Business
    1. Expands chapter 3 for merchandiser operations
    2. Purchase of inventory
    3. Set re-order points
    4. Receiving inventory and partial receipts
    5. Vendor credits
    6. Credit card purchases
    7. Purchase discounts
  8. General Account and End-of-Period Procedures: Merchandising Business
    1. Expands chapter 4 for merchandiser operations
    2. Inventory adjustment
    3. Fixed asset management
    4. Partnership accounting fundamentals
    5. Credit card reconciliation
  9. Payroll Accounting
    1. Creating and printing paychecks
    2. Adding and editing employee information
    3. Income tax reposting (940, 941, and W2)
    4. Payroll reporting
  10. Computerizing a Manual Accounting System
    1. Starting a new company on QuickBooks
  11. Error Finding and Resolution (not in text)
    1. A "find and correct the errors" exercise is recommended