Computer Training

Simply Accounting Introduction

Course Length: 2 Days

Course Prerequisites

  • Required: Knowledge of Windows Introduction topics and ability to use keyboard and mouse.

Course Description

  • This is an introduction to accomplishing basic accounting tasks using Simply Accounting. Students will begin with a company file and enter transactions for general ledger, accounts receivables, accounts payable, inventory, and payroll. This course will cover creating and running reports and a review some accounting fundamentals as they relate to the transaction at hand only.

Detailed List of Topics

Introduction

  • Overview
  • What is Simply Accounting for Windows?
  • Starting Simply Accounting
  • Selecting a Set of Data Files
  • Looking at the Simply Accounting Home Window
  • Moving Around
  • Help System
  • The Chart of Accounts – How It Works
  • Account Types
  • Creating Accounts
  • Using File/Create for New Accounts
  • Modifying Accounts
  • Finding an Account
  • Changing an Account
  • Deleting Accounts
  • Saving Changes
  • Company Information
  • Printing the Chart of Accounts
  • The Session Date
  • Inputting Dates
  • Accounting / Non-Accounting Terminology
  • General Module Linked Accounts
  • General Journal Transactions
  • Recurring Transactions
  • Creating and Storing Recurring Transactions
  • Recalling Stored Recurring Transactions
  • Adjusting and Reversing General Journal Entries
  • Adjusting Previously Posted General Journal Entries
  • Reversing General Journal Entries
  • The General Journal Report
  • Backing Up Simply Accounting Data Files
  • Exiting Simply Accounting

Inventory and Services

  • Creating Inventory Accounts
  • Creating Inventory Items
  • Creating Service Items
  • Changing Inventory & Service Data
  • Inventory Module Linked Accounts
  • Inventory Reports

Accounts Payable

  • Creating Vendors
  • Modifying Vendors
  • Shippers List
  • Payables Module Linked Accounts
  • Accounts Payable Inventory Purchases
  • Purchasing Inventory On Account
  • Non-Inventory Purchases
  • Purchases With Immediate Payment
  • Recurring Entries
  • Purchase Orders
  • Filling a Purchase Order
  • Creating a Purchase Invoice from a Purchase Order
  • Viewing, Adjusting & Voiding Posted Payables Invoices
  • Payables Payments
  • Paying Vendor Invoices
  • Making Prepayments
  • Reversing Payments
  • Payables Reports

Accounts Receivable

  • Accounts Receivable Customers
  • Modifying Customer Information
  • Receivables Module Linked Accounts
  • Comments on Customer Forms
  • Accounts Receivable Sales
  • Recurring Transactions
  • Sales Quotes
  • Sales With Immediate Payment – Accounting for Over-The-Counter Sales
  • Viewing, Adjusting & Voiding Posted Receivables Transactions
  • Receivable Receipts
  • Receiving Payment on Invoices
  • Adjusting/Reversing Receivables Receipts
  • Prepayments & Deposits
  • Applying Deposits/Prepayments
  • Sales Returns
  • Receivables Reports

Payroll

  • Payroll Overview & Set Up
  • Creating Employee Records
  • Modifying Employee Records
  • Payroll Linked Accounts
  • Paying Employees
  • Recurring Transactions
  • Payroll Advances
  • Viewing, Adjusting & Voiding Posted Payroll Transactions
  • Entering Taxes Manually
  • Payroll Reports

Reporting, Miscellaneous & Period End Procedures

  • Creating Graphs
  • Creating & Printing Financial Reports
  • Financials
  • The Daily Business Manager
  • Processing Transactions in the Daily Business Manager
  • Checklists
  • Checking Data Integrity & Compacting The Database
  • Printing In Batches
  • Setting Up Batch Printing
  • Printing In Batches
  • Month End Procedures
  • Calendar Year End Procedures
  • Year End Procedures

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