Course

Computer Bookkeeping I

Important Notice

This course is not active. Please contact Department Chair for more information.

Faculty
Commerce & Business Administration
Department
Office Administration
Course code
OADM 1239
Credits
3.00
Semester length
15 weeks X 4 hours per week = 60 hours
Max class size
30
Method(s) of instruction
Lecture
Seminar
Typically offered
Winter

Overview

Course description
This course will introduce students to the concepts and procedures involved in computerized accounting. Using Simply Accounting software, students will perform the setup procedures and complete routine and periodic processes related to the General Ledger, Accounts Receivable, Accounts Payable, Payroll, Inventory, and Project Costing Modules.
Course content
  1. General Ledger Module
    • Set up chart of accounts
    • Record transactions in a general journal
    • Record correcting entries
    • Print financial statements
  2. Accounts Receivable Module
    • Setup procedures
    • Record transactions in Canadian and foreign currency using sales and cash receipts journals
    • Enter credit card sales
    • Display and print customer reports
  3. Accounts Payable Module
    • Setup procedures
    • Record transactions in Canadian and foreign currency using purchases and cash payments journals
    • Enter credit card purchases
    • Remit sales taxes
    • Display and print vendor reports
  4. Payroll Module
    • Setup procedures
    • Prepare payrolls
    • Correct payroll cheques
    • Display and print employee reports
  5. Inventory Module
    • Setup procedures
    • Record the purchase and sale of inventory items
    • Display and print inventory reports
  6. Project Costing Module
    • Create Projects
    • Allocate revenues and costs to projects
    • Display and print  project reports
  7. Reconciliations and Deposits
    • Prepare Bank Reconciliations
    • Clear vendor and customer transactions
    • Display and print reconciliation reports
Learning activities

This course will be offered in a laboratory setting with instructor lecture/demonstration of concepts and the student completing case studies as assigned.

Means of assessment
Assignments  15%
Project  10%
Test 1  20%
Test 2  20%
Test 3  25%
Employability skills criterion referenced     10%
Total 100%

 

 

Learning outcomes

The learner has reliably demonstrated the ability to:

 

  1. Set up the General Ledger, Accounts Receivable, Accounts Payable, Payroll and Inventory Modules of Simply Accounting.
  2. Record transactions in the General Ledger, Accounts Receivable, Accounts Payable, Payroll, and Inventory Modules of Simply Accounting.
  3. Perform periodic procedures related to the General Ledger, Accounts Receivable and Accounts Payable Modules of Simply Accounting.
  4. Exhibit a high standard of behaviour with respect to attendance, punctuality, positive attitude and respect for others.
Textbook materials

Textbooks and Materials to be Purchased by Students

Purbhoo, Mary.  Using Simply Accounting, Latest Edition. Pearson Education.