Transcript Using Quickbooks in Conjunction with the Systems

Margaret Garnsey
Siena College
2009 AIS Educator Conference
Colorado Springs

Most widely used tool for teaching
fundamentals about business
transactions

Provides a good understanding of routine
accounting processes

Not realistic in today’s business world
where even small companies use
computers

SUA provides two options for computerized
systems:
 Microsoft Dynamics - aimed at “middle-market “
companies
 Peachtree - aimed at small business
▪ ~20% market share
▪ More difficult than Quickbooks for end users to learn

Quickbooks was Introduced by Intuit in 1992
 80% market share in small business accounting

Advantages:
 Easy to correct errors
 Students often encounter clients that use
Quickbooks when they enter practice

Waren file is set up so that new items (eg:
customers, vendors, inventory parts) have to be
entered as students enter transactions.

Forms
 Most daily business transactions are recorded on a
QuickBooks form, looks like a paper form.

Lists
 Most QuickBooks forms are filled out by selecting
entries from a list.

Registers
 Registers contain a record of all the activity in one
account.
Menu Bar: Access to all QuickBooks commands
Icon Bar: Access to QuickBooks Centers and on-screen
Help


http://lw.siena.edu/garnsey/QuickbooksPresentation/AISeduc2009.htm

In-class exercise for Quickbooks

Student Files for SUA
[email protected]