Special Topics in Accounting: ACNT/QuickBooks Pro utilizes the computer and QuickBooks Pro 2007 in maintaining accounting reports, making management decisions, and processing common business applications.

IV. METHODS OF INSTRUCTION

1. Lecture and class discussion
2. Marker board presentations and overhead transparencies
3. Computer aided presentations
4. Computer assignments and independent practice

V.  COURSE CONTENT

Introduction to QuickBooks Pro, Vendors, Customers, Period-End Procedures, Inventory, New Company Setup—EasyStep Interview, New Company Setup—An Alternative, Payroll Setup, Payroll Processing, Banking, Jobs and Time Tracking, and Customizing Your Company File.

VI. LEARNING OUTCOMES AND PERFORMANCE OBJECTIVES

Learning Outcome #1: Students will analyze, record, summarize, and report accounting transactions encountered in typical service and merchandising businesses using QuickBooks Pro 2007.

Performance Objectives: Students will:

1. Describe the differences and similarities between manual and computerized accounting.
2. Identify the four levels of operation within QuickBooks Pro.
3. Open QuickBooks Pro, open a company file, make a backup copy of a company file, and restore a backup copy of a company file.
4. Identify the system default accounts for vendors and update the Vendor Center .
5. Record purchases on account and process credit memos in the Enter Bills window.
6. Record payments of accounts payable in the Pay Bills window and record cash purchases in the Write Checks window.
7. Display and print vendor-related reports.
8. Identify system default accounts for customers and update the Customer Center .
9. Record sales on account in the Create Invoices window and record collections of accounts receivable in the Receive Payments window.
10. Record cash sales in the Enter Sales Receipts window and record deposits in the Make Deposits window.
11. Display and print customer-related reports.
12. Update the Chart of Accounts list.
13. Record adjustments in the Make General Journal Entries window.
14. View the effect of period-end adjustments on the trial balance and display and print period-end accounting reports.
15. Change the reports display using the Modify Report button and display and print financial statements.
16. Identify the two inventory systems and use the Items List.
17. Record purchases of inventory items in the Enter Bills and Write Checks windows.
18. Identify transactions requiring sales tax and record payment of sales tax in the Pay Sales Tax window.
19. Process sales discounts.
20. Record adjustments to inventory items in the Adjust Quantity/Value on Hand window.
21. Display and print inventory-related reports.
22. Display and print accounting reports and financial statements.

Method of Measurement: Students will demonstrate the achievement of the learning outcome and performance objectives by completing a chapter demonstration problem, Key Concepts questions, end-of-chapter case problems, and examinations within a minimum of 70 percent accuracy.

Learning Outcome #2: Students will convert a manual accounting system to a computerized accounting system using QuickBooks Pro 2007.

Performance Objectives: Students will:

1. Create a new company file and establish preferences using the EasyStep Interview
2. window.
3. Display and print reports after using the EasyStep Interview window.
4. Review information recorded in the EasyStep Interview window and make any necessary corrections.
5. Customize the Chart of Accounts and Item lists, System Default Accounts, and Terms List.
6. Update the Chart of Accounts, Item lists, and Customer and Vendor Centers .
7. Adjust the new company file to follow the accrual basis of accounting.
8. Display and print accounting reports and financial statements.
9. Create a new company file without using EasyStep Interview.
10. Establish preferences.
11. Update the Chart of Accounts Lists.
12. Customize the Chart of Accounts List, System Default Accounts, and Terms List.
13. Update the Item List and the Customer and Vendor Centers .
14. Adjust the new company file to follow the accrual basis of accounting.
15. Display and print accounting reports and financial statements.

Method of Measurement: Students will demonstrate the achievement of the learning outcome and performance objectives by completing a chapter demonstration problem, Key Concepts questions, end-of-chapter case problems, and examinations within a minimum of 70 percent accuracy.

Learning Outcome #3: Students will establish and process payroll, record banking entries, and establish jobs and time tracking using QuickBooks Pro 2007.

Performance Objectives: Students will:

1. Review payroll terminology and transactions.
2. Activate the payroll preference and customize payroll system default accounts.
3. Customize and update the Chart of Accounts List for payroll.
4. Set up payroll to accept manual entries and customize the Payroll Item List for payroll
5. items created by QuickBooks Pro.
6. Update the Payroll Item List and display and print the Payroll Item Listing report.
7. Review accounting for payroll transactions.
8. Update the Employee Center .
9. Record payroll in the Pay Employees windows.
10. Record payments of payroll taxes in the Pay Liabilities window.
11. Display and print payroll-related reports, accounting reports, and financial statements.
12. Transfer funds between accounts using the Transfer Funds between Accounts window.
13. Reconcile cash accounts using the Reconcile window.
14. Enter credit card charges using the Enter Credit Card Charges window.
15. Pay credit card charges using the Write Checks window.
16. Display and print banking-related reports, accounting reports, and financial statements.
17. Add a job to the Customer Center .
18. Record and allocate payroll incurred for a specific job in the Pay Employees window.
19. Record and allocate services rendered for a specific job in the Create Invoices window.
20. Set up Time Tracking and track employee time for each job using the Weekly Timesheet window.
21. Pay employees and create invoices using Time Tracking data
22. Display and print job and time tracking reports, accounting reports, and financial statements.

Method of Measurement: Students will demonstrate the achievement of the learning outcome and performance objectives by completing a chapter demonstration problem, Key Concepts questions, end-of-chapter case problems, and examinations within a minimum of 70 percent accuracy.

Learning Outcome #4: Students will customize the company file using QuickBooks Pro 2007.

Performance Objectives: Students will:

1. Customize the appearance of reports using the Modify Report button and Collapse/Expand buttons.
2. Memorize a customized report.
3. Export a report into Microsoft Excel.
4. Change report default settings.
5. View and print a graph.
6. Change subaccount default settings.
7. Customize an activity window display.
8. Customize and print an invoice.
9. Prepare and view a QuickBooks letter in Microsoft Word.
10. Memorize a transaction.
11. View fiscal year closing.

Method of Measurement: Students will demonstrate the achievement of the learning outcome and performance objectives by completing a chapter demonstration problem, Key Concepts questions, end-of-chapter case problems, and examinations within a minimum of 70 percent accuracy.

The following SCANS Competencies are included in this course:

The following SCANS Foundations are included in this course:

VII.  COURSE GRADE

A. College Requirements:

A student who must be absent from a final examination should petition that instructor for permission to postpone the examination. A student absent without permission from a final examination is graded “F.” Postponed examinations result in a grade of “I.” The final exam must be taken within 120 calendar days from the end of the semester or the grade automatically becomes an “F.” (San Antonio College Bulletin, Faculty Handbook - January 1995)

B. Departmental Requirements:

1. This is a computer-intensive course. A minimum of 65% of the student's grade is based upon assignments, tests, and the final examination completed on the computer.
2. Grading standards:

Assignments	40%
Test Grades	45%
Final Exam	15%

 

3. Basis for assignment of grade:
   1. Assignments constitute 40% of the final grade. Assignments consist of the chapter demonstration problem, Key Concepts questions, Case Problem 1, and Case

      Problem 2 for each chapter. All assignments are completed using a computer and are due as assigned. Late work will be penalized 15 points per class day.

   2. A minimum of three tests constitute 45% of the final grade. Each test consists of objective questions (maximum of 50 percent per test) and hands-on problems covering the accounting, commands, and features practiced in the textbook problems that demonstrate the achievement of the listed competencies. Thetextbook, notes, or other help cannot be used during the test. Late tests will be penalized 15 points per class day.
   3. The final examination is comprehensive and represents 15% of the final grade in the course. The final exam consists of objective questions (maximum of 50 percent) and hands-on problems covering the accounting, commands, and features practiced in the textbook problems that demonstrate the achievement of the listed competencies (minimum of 50 percent). The textbook, notes, or other help cannot be used during the test. Students must take the final examination in order to pass the course.

C. Instructor Requirements: Varies by course.

 

VIII. Policies and Procedures

A. College Policies

1. San Antonio College does not discriminate on the basis of race, religion, color, national origin, sex, age, or disability with respect to access, employment programs or services.
2. Students are urged not to bring children to either a class or a lab. Minors under the age of twelve (12) must not be left unattended on campus. College Academic Council - April, 1998
3. ADA Statement: “As per Section 504 of the Vocational Rehabilitation Act of 1973 and the Americans with Disabilities Act of 1990, if accommodation is needed contact the Office of DisABILITY Support Services, CAC 124C, Phone: (210)486-0020.
4. A Rapid Response Team exists for the purpose of responding to emergencies. If you have a disability that will require assistance in the event of a building evacuation, notify Disability Support Services, Chance Academic Center 124C, Phone: (210)486-0020.
5. Academic Dishonesty: Students may be subject to disciplinary proceedings resulting in an academic penalty or disciplinary penalty for academic dishonesty. Academic Dishonesty includes, but is not limited to, cheating on a test, plagiarism and collusion. For additional information refer to the “Student Code of Conduct” in the San Antonio College Bulletin.
6. Students are required to silence all electronic devices (e.g., pagers, cellular phones, etc.) when in classrooms, laboratories and the library. College Academic Council, 01/ 2000.
7. San Antonio College Attendance Policy: Regular and punctual attendance at all classes and laboratories, day and/or evening, is required. A student absent for any reason is responsible for all work missed. Both tardiness and early departure from class are forms of absenteeism. The instructor establishes the policy with regard to each.
   Absences of each student are recorded without exception. The counting of absences begins on the first day of class. A student absent the equivalent of two weeks of instruction in a 16-week semester may be dropped by the instructor. If a student is dropped from a class for excessive absences, the instructor will record a grade of “W' (withdraw). It is the student's responsibility to ensure that the withdrawals have been submitted.
8. San Antonio College is a smoke free campus.
9. ACCD DPS Emergency Phone Numbers:
   ACCD DPS Emergency Phone (210) 222-0911
   ACCD DPS General Phone (210) 485-0099
   ACCD DPS Weather Phone (210) 485-0189(For information on college closures)
10. Students must also abide by the policies, procedures, and rules set forth in the “Student Code of Conduct” and all other policies set forth in the San Antonio College Bulletin. http://www.alamo.edu/sac/sacmain/schedule/2006%20SAC%20Bulletin%20Online/2006-07_SAC_Bulletin.pdf

B. Departmental Policies (same as college)