SBMT 2610 Computerization for Accounting

Description

Computerization for Accounting focuses on the basics of record keeping using computerized accounting software. An emphasis is placed on organization of the chart of accounts, data entry, and financial statement interpretation.

Management Credits

3

Prerequisite:

Student is an entrepreneur, employee or by special permission of the instructor

Topics to be Covered

1. Learn to set up and maintain financial records on a computerized accounting program

Learning Outcomes

1. Research various computerized accounting options

2. Set up a chart of accounts tailored to specific business needs

3. Record and process business transactions within the computerized accounting system

4. Prepare monthly reconciliations to monitor cash flows

5. Generate various financial reports for business evaluation

6. Utilize the accounting software tools to manage receivables, payables, taxes, etc