ACC 250 ACC250 ACC/250 ENTIRE COURSE HELP – UNIVERSITY OF PHOENIX

ACC 250 Week 1 CheckPoint Choosing Accounting Software

CheckPoint: Choosing Accounting Software

Resource: “A Strategy for Finding the Right Accounting Software,” located at http://www.aicpa.org/pubs/jofa/sep2003/johnston.htm.

Write a 200- to 300-word response to the above article.

Identify the different types of accounting software.

Provide the names of different software programs for each type of software.

Determine which companies might use each type of software.

ACC 250 ACC250 ACC/250 ENTIRE COURSE HELP – UNIVERSITY OF PHOENIX

Assignment: Accounting Software Memo

Read the following memo:

Your department’s accounting software is extremely outdated and you have included the purchase of new software in this year’s fiscal budget. You have decided it is time to start looking into purchasing your company’s accounting software and have chosen someone in your department to undertake the task. You want to draft a memo for your employee to help guide her in the purchasing process.

Prepare a 350-word memo discussing the factors to consider when choosing accounting software. Analyze why each factor is important and the risks of not considering each factor.

Post your paper as an attachment.

ACC 250 ACC250 ACC/250 ENTIRE COURSE HELP – UNIVERSITY OF PHOENIX

CheckPoint: Bellwether Garden Supply: Back Up and Restore Data

Complete exercises 1-1 and 1-2 on pp. 52-54 of the text using Peachtree Complete Accounting^®.

Save your work as a PDF file. Under the File menu, choose Create PDF.

Post your PDF file as an attachment.

ACC 250 ACC250 ACC/250 ENTIRE COURSE HELP – UNIVERSITY OF PHOENIX

Discussion Questions

You have just completed training for your new position in a large accounting firm. The trainer has covered the difference between manual accounting and computerized accounting. What questions do you have regarding the differences? What are the advantages of computerized accounting versus manual accounting?

What was the most challenging aspect of the material covered this week? What aspects did you find most beneficial?

ACC 250 ACC250 ACC/250 ENTIRE COURSE HELP – UNIVERSITY OF PHOENIX

CheckPoint: Bellwether Garden Supply: Vendor Transactions

Complete exercises 2-1 and 2-2 on pp. 93-96 of the text using Peachtree Complete Accounting^®.

Save your work as a PDF file. Under the File menu, choose Create PDF.

Post the PDF file as an attachment.

ACC 250 ACC250 ACC/250 ENTIRE COURSE HELP – UNIVERSITY OF PHOENIX

Assignment: Bellwether Garden Supply: Record a Transaction

Complete exercises 3-1 and 3-2 on pp. 136-137 of the text using Peachtree Complete Accounting^®.

Save your work as a PDF file. Under the File menu, choose Create PDF.

Post the PDF file as an attachment.

ACC 250 ACC250 ACC/250 ENTIRE COURSE HELP – UNIVERSITY OF PHOENIX

CheckPoint: Bellwether Garden Supply: Payroll

Complete exercises 4-1 and 4-2 on pp. 162-163 of the textusing Peachtree Complete Accounting^®.

Save your work as a PDF file. Under the File menu, choose Create PDF.

Post the PDF file as an attachment.

ACC 250 ACC250 ACC/250 ENTIRE COURSE HELP – UNIVERSITY OF PHOENIX

Discussion Questions

Computer Accounting with Peachtree by Sage Complete Accounting 2009 covers how to enter payroll information for hourly and salary employees. Why is it important to enter information precisely? What are the possible consequences if the information is not correct?

Entering payroll information is a vital part of accounting. What aspects of setting up payroll in Peachtree Complete Accounting^® did you find most challenging? Explain.

ACC 250 ACC250 ACC/250 ENTIRE COURSE HELP – UNIVERSITY OF PHOENIX

CheckPoint: Chart of Accounts

Address the following:

What is the purpose of the chart of accounts?

Why are internal controls and audit trails important in a computerized accounting system?

ACC 250 ACC250 ACC/250 ENTIRE COURSE HELP – UNIVERSITY OF PHOENIX

Assignment: Bellwether Garden Supply: Journalize and Post

Complete exercises 5-1 and 5-2 on p. 203 and exercises 6-1 and 6-2 on pp. 218-219 of the textusing Peachtree Complete Accounting^®.

Save your work as a PDF file. Under the File menu, choose Create PDF.

Post the PDF file as an attachment.

ACC 250 ACC250 ACC/250 ENTIRE COURSE HELP – UNIVERSITY OF PHOENIX

CheckPoint: Financial Statements

Complete exercises 7-1 and 7-2 on pp. 242-243 of the text using Peachtree Complete Accounting^®.

Write a paragraph for each exercise analyzing what the information from each financial statement means and why the information is useful to those who read the financial statements.

Save your work as a PDF file. Under the File menu, choose Create PDF.

Post the PDF file as an attachment.

ACC 250 ACC250 ACC/250 ENTIRE COURSE HELP – UNIVERSITY OF PHOENIX

Discussion Questions

Peachtree Complete Accounting^® generates several financial statements based on the information entered. Identify and briefly summarize each financial statement. How are these statements utilized? Why is it important that these statements are accurate?

This week, you learned about the information contained in several financial statements generated by Peachtree Complete Accounting^® and how these statements interrelate. What information did you find most challenging? Explain.

ACC 250 ACC250 ACC/250 ENTIRE COURSE HELP – UNIVERSITY OF PHOENIX

CheckPoint: Ticket Memo

Prepare a 250- to 300-word memo about time tickets and expense tickets. Include an explanation about what each is used for, how the two are different, and what information may be found on each.

Post the memo as an attachment.

ACC 250 ACC250 ACC/250 ENTIRE COURSE HELP – UNIVERSITY OF PHOENIX

Assignment: Time and Billing

Complete exercises 8-1 and 8-2 on p. 260 of the textusing Peachtree Complete Accounting^®.

Write a paragraph for each exercise explaining where you found the information to answer the questions in each exercise and the importance of knowing where to find this information.

Save your work as a PDF file. Under the File menu, choose Create PDF.

Post the PDF file as an attachment.

ACC 250 ACC250 ACC/250 ENTIRE COURSE HELP – UNIVERSITY OF PHOENIX

CheckPoint: Creating a New Company

Complete exercises 9-1 and 9-2 on pp. 326-334 of the textusing Peachtree Complete Accounting^®.

Save your work as a PDF file. Under the File menu, choose Create PDF.

Post the PDF file as an attachment.

ACC 250 ACC250 ACC/250 ENTIRE COURSE HELP – UNIVERSITY OF PHOENIX

Discussion Questions

When completing the accounting cycle, the accounting professional uses source documents. Discuss the importance of the accuracy of these source documents. What problems might arise if the source documents are inaccurate?

This week, you learned how to maintain accounting records for a service business. What did you find to be the most challenging aspect of this information? Explain.

ACC 250 ACC250 ACC/250 ENTIRE COURSE HELP – UNIVERSITY OF PHOENIX

Capstone CheckPoint: Printing and Adjusting Entries

Complete exercises 10-1 and 10-2 on pp. 380-386 of Computer Accounting with Peachtree Complete^® 2009using Peachtree Complete Accounting^®.

Save your work as a PDF file. Under the File menu, choose Create PDF.

Post the following reports, dated December 31, 2009 as a PDF file:

Balance Sheet

Income Statement

Account Reconciliation

Cash Receipts Journal (November 1, 2009 through December 31, 2009)

Cash Disbursements Journal (November 1, 2009 through December 31, 2009)

ACC 250 ACC250 ACC/250 ENTIRE COURSE HELP – UNIVERSITY OF PHOENIX

Final Project: Sharon Clarke

Resources: Appendix A, and Project 1: Sharon Clarke, Accounting

Complete Project 1: Sharon Clarke, Accounting on pp. 389-397 of Computer Accounting with Peachtree Complete^®using Peachtree Complete Accounting^®.

Save your work as a PDF file. Under the File menu, choose Create PDF.

Post the following reports, dated December 31, 2009 as a PDF file:

Balance Sheet

Income Statement

Account Reconciliation

Cash Receipts Journal

Cash Disbursements Journal