Chabot College Course Outline for Business 6 INTRODUCTION TO QUICKBOOKS ACCOUNTING Fall 2005 Replaced Fall 2006 Catalog Description: 6 - Introduction to QuickBooks Accounting 1 unit Introduction to the use of QuickBooks Accounting to process the accounting cycle using the general journal and the general ledger for a service organization. Recording transactions, posting, making adjustments, and preparing financial statements. Using QuickBooks modules for a merchandising organization. Specific modules include accounts payable, accounts receivable, inventory, and payroll. Strongly recommended: Business 7 or equivalent. 1 hour lecture, 1 hour laboratory. Prerequisite Skills: None Expected Outcomes for Students: Upon completion of this course, the student should be able to: 1. 2. 3. 4. 5. analyze accounting transactions to enter using the QuickBooks program menu; compare and contrast manual and computer-based accounting systems; complete the accounting cycle and discuss the relationship between its steps; generate financial statements; analyze financial data using ratios. Course Content: 1. 2. 3. 4. 5. 6. 7. How to use QuickBooks software to enter accounting transactions, complete accounting cycle, generate financial statements Entering data and summarizing transactions Importance of backing up accounting data Using special modules for detailed information Export QuickBooks data to Excel Financial ratios and financial analysis Comparison of manual and computer-based accounting systems Methods of Presentation: 1. 2. 3. 4. hands-on explanation and use of the PC lecture and demonstration hands-on opportunities using computer and software software simulation Assignments and Methods of Evaluating Student Progress: 1. Typical Assignments: a. Enter Sales, Cash, On-Account Sales, and generate the Accounts Receivable Report b. Complete all stages of accounting cycle for a service company using QuickBooks software 2. Methods of Evaluating Student Progress a. Examinations b. Final examination c. Graded assignments Textbook(s) Typical: Quickbooks 6 Bible, Jill Gilbert, IDG Books, 2003 Special Student Materials: None DK 10/04, revised 11/04, Bus 6 course outline.doc