SAGE 50 Assignment TEXTBOOK AND SUPPLEMENTARY MATERIALS: Yacht, Carol, Computer Accounting with Sage 50 Complete Accounting 2015, 18th Edition, McGraw-Hill/Irwin, ISBN No. 9781259350313 For making backups, you can use the following external media: USB flash or thumb drive; one CD-R for a CD-RW disk drive; one DVD-R for a DVD-RW drive. Backups can also be made to the hard drive or network drive. COURSE OBJECTIVES: 1. Develop the skills necessary to do general ledger computer accounting for service, merchandising, nonprofit, and manufacturing businesses. 2. Complete exercises using accounts receivable, accounts payable, invoicing, payroll, inventory, and job cost systems. 3. Prepare financial statements and complete financial statement analysis. 4. Complete the computer accounting cycle using Sage 50 Complete Accounting 2015 software. 5. Complete computer accounting projects that require designing service and merchandising businesses. 6. Complete Online Multiple Choice Quizzes, and QA Templates. (Online Learning Center at www.mhhe.com/yacht2015.) Certain quizzes, and QA Templates will count toward your final grade. For practice, you should also complete Feature Quizzes and Assessment Rubrics. These will aid in the learning process. LEARNING OUTCOMES: 1. (Evaluation Level) Explain the methods for utilizing Sage 50 Complete to record transactions for a business. 2. (Analysis Level) Analyze financial reports which can be used to make sound business decisions. 3. (Knowledge Level) List the steps to set up accounting records for a business utilizing Sage 50 Complete. 4. (Analysis Level) Compare and contrast the benefits of utilizing Sage 50 Complete to maintain accounting records in a variety of business industries and situations. 5. (Analysis Level) Explain and demonstrate the steps to process payroll information in Sage 50 Complete. 6. (Evaluation Level) Summarize and demonstrate the process to track inventory and maintain inventory records in Sage 50 Complete. 1) Due Dates The assignments are due on or before the final day of class. See Class Calendar for actual due dates as they range throughout the semester. Please save all assignments as PDF documents (you can print any document to PDF which will save the document as a PDF file) or as Excel Spreadsheets, depending on what is requested. Append each document to the previous one so that you have only one PDF file when you are finished. The PDF file or the Excel Workbook will then be uploaded into Blackboard. Plan on one PDF file or Excel Workbook for each assignment that is to be turned in; however, append to the back of that assignment all the other assignments required even though they are not being graded. For example, Sage Ch2 Ex. 2-2 will be graded; appended to that assignment should also be Sage Ch 1 Ex 1-2 (you do NOT need to append data files [.ptb], just the exercises that create output which usually follow the first exercise that creates or saves the data files). Late assignments will be accepted up until the day of the final exam but will only receive 75% of the grade you earn. Assignments will not be accepted after the day of the final exam. THESE ASSIGNMENTS ARE TIME CONSUMING. PLEASE DO NOT WAIT TILL THE LAST MOMENT TO COMPLETE THEM. I ENCOURAGE YOU TO DO THEM THROUGHOUT THE SEMESTER AND PLAN ON FINISHING WELL BEFORE THE DUE DATE. ALSO, PLEASE BE SURE TO BACK UP YOUR WORK ON A REGULAR BASIS AS YOUR GO THROUGH THE STEPS. PLEASE see the following ‘schedule’ which walks you through this course in a 15-week framework. I have based due dates on this schedule, but will accept assignments/quizzes for chapters 1, 2, and 3 up to the due date for chapter 3 as being on time. You may submit any assignment late, but it is subject to a 25% reduction in points. Please note that all assignments/quizzes are online – see below in the detailed schedule. NOTE. I will accept assignments early. Early assignments are subject to extra credit. 2) Assignment grading a. Each turn-in assignment/quiz listed on the syllabus (see end of this memo) includes multiple outputs from the end-of-chapter exercises. These turn-in assignments will be equally weighted and will each represent 2% of your final grade for a total of 10% of your final grade. Not every chapter has a turn-in assignment/quiz. b. There are two comprehensive projects as well which add up to another 10% of your final grade. c. Chapter 15 does not have to be completed but will count for extra credit of 2% of your final grade. 3) Information to be turned in: a. For each chapter, you will usually only complete online material and only submit certain chapters. Please do not send a completed QA template to be graded if it is not requested. See the schedule below. 4) Extra Credit: a. If you choose to complete Chapter 15, it will count as extra credit. Should you not turn in Chapter 15, it will not count against you. GRADING POLICY: The tables below illustrate points, grading scale, and grading instruments. See the syllabus for due dates. GRADING INSTRUMENTS POINTS Exercises & Assessment Rubrics 80% QA Templates & MC Quizzes 20% POINTS Project 1 50 Project 2A 50 TOTAL Weight TOTAL Points 100% 100% 100 100 The Schedule below shows due dates for weekly assignments: SAGE 50 REQUIREMENTS The review questions, analysis questions, or assessment rubrics are due when the chapter exercises are completed. Questions will be collected at random, unannounced intervals and will be worth extra credit, up to 2% of your final grade. Assignments may be turned in before due dates. Assignments/quizzes turned in late are subject to a 25% point reduction. Weekly Schedule of Assignments WEEK ENDING TOPIC HOMEWORK *All chapter work must be completed. Chapters 1 through 7, including the end-of-chapter exercises, are cumulative. If you only complete the exercises, your data will not match illustrations in textbook and Check your Figure amounts. **Quizzes. All quizzes are online. Complete the Multiple Choice online quiz and the QA Template. WEEK 1 Chapter 1 Complete Chapter 1.* Exercises 1-1 and 1-2. Complete quizzes**, www.mhhe.com/yacht2015. WEEK 2 Chapter 2 Complete Chapter 2. Exercises 2-1 and 2-2. Complete QuizzesChapter 2. Complete online quizzes and QA templates. E-Mail completed quizzes to pierceb@winthrop.edu WEEK 3 Chapter 3 Complete Chapter 3. Exercises 3-1 and 3-2. Complete QuizzesChapter 3. Complete online quizzes and QA templates. . WEEK 4 Chapter 4 Complete Chapter 4. Exercises 4-1 and 4-2. Complete online quizzes and QA templates. WEEK 5 Chapter 5 Complete Chapter 5. Exercises 5-1 and 5-2. Complete online quizzes and QA templates. E-Mail completed quizzes to pierceb@winthrop.edu WEEK 6 Chapter 6 Complete Chapter 6. Exercises 6-1 and 6-2. Complete online quizzes and QA templates. WEEK 7 Chapter 7 Complete Chapter 7. Exercises 7-1 and 7-2. Complete online quizzes and QA templates. E-Mail completed quizzes to pierceb@winthrop.edu Complete Chapter 8. Exercises 8-1 and 8-2. Complete online PROJECTS TO SUBMIT UPLOAD MULTIPLE CHOICE ONLINE QUIZ RESULTS AND COMPLETED QA TEMPLATES TO BLACKBOARD Upload to Bb: Ex. 2-2 Upload Completed Multiple Choice online quiz results & QA template Upload to Bb: Ex. 5-2 Upload Completed Multiple Choice online quiz results & QA template Upload to Bb: Ex. 7-2 OOPS: Upload to Bb: Ex 8-2 quizzes and QA templates. E-Mail completed quizzes to pierceb@winthrop.edu WEEK 8 Chapters 9 Complete Chapter 9. Exercises 9-1 and 9-2. Complete online quizzes and QA templates. WEEK 9 Chapter 10 Complete Chapter 10. Exercise 10-1 and 10-2. Complete online quizzes and QA templates. E-Mail completed quizzes to pierceb@winthrop.edu Upload Completed Multiple Choice online quiz results & QA template Upload to Bb: Ex. 101 Upload Completed Multiple Choice online quiz results & QA template WEEK 10 Chapter 11 Project 1 WEEK 11 WEEK 12 Complete Chapter 11. Exercise 11-1 and 11-2. Complete online quizzes and QA templates. Chapter 12 Complete Chapter 12. Exercises 12-1 and 12-2. Complete online quizzes and QA templates Page 395: Chart of Accounts, Nov 30, 2015 Balance Sheet, Acct Reconciliation, GL Trial Balance (unadjusted), Dec 31, 2015 General Journal, Cash Receipts Journal, General Ledger, Balance Sheet, Income Statement & Post-closing Trail Balance. (Combine into one Excel workbook or one PDF file). NOTE: I will accept Project 1 as being on time if submitted Week 12 but it will NOT be subject to early turnin credit. WEEK 13 Chapter 13 Complete Chapter 13; Exercise 13-1 and 13-2. Complete online quizzes and QA templates. E-Mail completed quizzes to pierceb@winthrop.edu Upload to Bb: Ex. 132 Upload Completed Multiple Choice online quiz results & QA template WEEK 14 Chapter 14 Complete Chapter 14; Exercises 14-1 and 14-2. Complete online quizzes and QA templates Project 2 WEEK 15 Chapter 15 Complete Chapter 15; Exercise 15-1 and 15-2. Complete online quizzes and QA templates. E-Mail completed quizzes to pierceb@winthrop.edu Step 8, page 612: Chart of Accounts, Customer Ledgers, Vendors Ledger, GL Trial Balance, Account Reconciliation, Balance Sheet, Income Statement & Statement of Cash Flow (combine into one Excel workbook or one PDF file). Upload to Bb: Ex. 151 & 15-2 Upload Completed Multiple Choice online quiz results & QA template WEEK 16 Project 2 [ Last date ] Step 8, page 612: Chart of Accounts, Customer Ledgers, Vendors Ledger, GL Trial Balance, Account Reconciliation, Balance Sheet, Income Statement & Statement of Cash Flow (combine into one Excel workbook or one PDF file).