simply accounting sage

Requirements of this assignment:
Due February 26th, 2013:
• Brief write up, detailing the type of company, as well as the challenges that small businesses face in
maintaining accurate and timely financial statements (approx. one page)
• Development of Chart of Accounts
• Opening entries to set up your company (Submit an opening balance sheet and trial balance)
Due March 19th, 2013
• Budget data for three months (I/S only)
• Actual data for three months. (Submit Ending Balance Sheet, Trial Balance, Income Statement
(budget vs. actual), AR customer aged detail and AP vendor aged payable detail, General ledger detail
for all accounts for the period covered, and Backup of your Simply Accounting file
This assignment will use the General Ledger, Accounts Payable, Accounts Receivable and Payroll modules.
General Ledger accounts must include the following:
• Current and capital assets
• Current and Long-term liabilities
• Two or more sources of revenue
• Fifteen expense accounts
Volume of data must include:
• 20 AP invoices per month (60 in total)
• 8 AP cheques per month (at least 24 in total)
• 10 AR invoices per month (30 in total)
• 6 receipts per month (at least 18 in total)
• 6 pay periods for at least three employees (done through the payroll cheque run feature)
The data is not factual, nor is the budget based on any sort of a budget process. However, this is an
opportunity to work with budget variances and to use the software without having preprinted keystrokes
given to you. Note – The AP and AR invoices should not be set as recurring transactions. Also, the AP and AR
transactions should be recorded through the payables and receivables modules respectively.

Are you looking for a similar paper or any other quality academic essay? Then look no further. Our research paper writing service is what you require. Our team of experienced writers is on standby to deliver to you an original paper as per your specified instructions with zero plagiarism guaranteed. This is the perfect way you can prepare your own unique academic paper and score the grades you deserve.

Use the order calculator below and get started! Contact our live support team for any assistance or inquiry.

[order_calculator]