Margaret Garnsey Siena College 2009 AIS Educator Conference Colorado Springs Most widely used tool for teaching fundamentals about business transactions Provides a good understanding of routine accounting processes Not realistic in today’s business world where even small companies use computers SUA provides two options for computerized systems: Microsoft Dynamics - aimed at “middle-market “ companies Peachtree - aimed at small business ▪ ~20% market share ▪ More difficult than Quickbooks for end users to learn Quickbooks was Introduced by Intuit in 1992 80% market share in small business accounting Advantages: Easy to correct errors Students often encounter clients that use Quickbooks when they enter practice Waren file is set up so that new items (eg: customers, vendors, inventory parts) have to be entered as students enter transactions. Forms Most daily business transactions are recorded on a QuickBooks form, looks like a paper form. Lists Most QuickBooks forms are filled out by selecting entries from a list. Registers Registers contain a record of all the activity in one account. Menu Bar: Access to all QuickBooks commands Icon Bar: Access to QuickBooks Centers and on-screen Help http://lw.siena.edu/garnsey/QuickbooksPresentation/AISeduc2009.htm In-class exercise for Quickbooks Student Files for SUA garnsey@siena.edu