[SOLVED] QuickBooks Report

I’m working on a Accounting question and need guidance to help me study.

Struggling to find relevant content or pressed for time? – Don’t worry, we have a team of professionals to help you on
[SOLVED] QuickBooks Report
Get a 15% Discount on this Paper
Order Now

For this Portfolio Project option, you must use a QuickBooks sample company and develop a report based on your review. Choose a sample QuickBooks company through QuickBooks and create the tasks following the outline. Include screenshots and descriptions as needed. Ensure that your analyses differ from those provided in Lynda.com or other online sites (conduct your own unique analyses).

Section I: Overview

Provide a general overview of QuickBooks. Make sure the overview provides the reader with a general understanding of the application, including costs, functionality, and minimum system requirements. How does it track the primary information flows within a business?

Section II: Transactional Processing and Data Management

Describe how QuickBooks handles processing the accounting transactions and recording business activities for the revenue, expenditure and financing cycles. You should provide at least one detailed example of how one would record a specific accounting transaction/ business activity for each of the three transaction cycles. Complete each of the three sections:

  1. Revenue Cycle
    • Create a new invoiced customer and create a new customer invoice.
    • Create a new pre-paying customer (i.e., paying with credit card)
    • Apply a customer payment.
    • Run a customer report.
    • Run reports to provide information regarding key revenue cycle information—sales, accounts receivable, cash.
  2. Expenditure Cycle
    • Create two or more new vendors.
    • Create an inventory item.
    • Generate a payment to a vendor.
    • Run a report to provide information regarding vendors and accounts payable.
    • Run reports to provide information regarding key expenditure cycle information—purchases, inventory, and cash.
    • Create two or more employees with after the fact payroll module in QuickBooks determine pay and federal income tax, Social security and Medicare deductions
    • Run a monthly or weekly payroll report with all payroll related accounts.
  3. Financing Cycle
    • Enter a new account in the chart of accounts.
    • Post journal entries for rent, insurance, accounts receivable and accounts payable.
    • Run the key financial statements that are available and relevant for your company and data. Explain the performance reports—what do they say about your company’s performance. Include the type of analysis meaningful for your company and data (vertical vs. horizontal).
    • Run key reports to measure the firm’s financial performance.

Section III: Internal Controls

  • How can you as an accountant use QuickBooks enhance internal controls in the company you chose?
  • How can you secure the system and files?
  • What potential security weaknesses exist for QuickBooks?

Section IV: Charts and Graphs

  • How are visualizations formatted and used?
  • Create a chart.
  • Create a data diagram.

Section V: Conclusion and Recommendation

Give your overall impression and recommendation for QuickBooks’ use in accounting.

  • Assignment should follow APA guidelines with respect to use of subheadings, 1″ margins, and double-spaced. Use the CSU-Global APA InstructionsLinks to an external site..
  • Prepare any 8-10 page report in length (excluding title page and reference page) References need to include your textbook plus two additional credible academic references. All sources used, including your textbook, must be referenced; paraphrased and quoted material must have accompanying citations and cited per APA guidelines. Use of the CSU Global library is necessary.
  • All explanations would be checked in TurnitIn for similarity score Similarity scores must be less than 30%.
  • Textbook: Simkin, M., Worrell, J., & Savage, A. (2018). Core concepts of accounting information systems (14th ed. ). Wiley. ISBN: 9781119373544
  • Please be sure to include how QuickBooks can tell you whether a company is profitable or not in your final paper.

Calculate the price
Make an order in advance and get the best price
Pages (550 words)
$0.00
*Price with a welcome 15% discount applied.
Pro tip: If you want to save more money and pay the lowest price, you need to set a more extended deadline.
We know how difficult it is to be a student these days. That's why our prices are one of the most affordable on the market, and there are no hidden fees.

Instead, we offer bonuses, discounts, and free services to make your experience outstanding.
Sign up, place your order, and leave the rest to our professional paper writers in less than 2 minutes.
step 1
Upload assignment instructions
Fill out the order form and provide paper details. You can even attach screenshots or add additional instructions later. If something is not clear or missing, the writer will contact you for clarification.
s
Get personalized services with MyCoursebay
One writer for all your papers
You can select one writer for all your papers. This option enhances the consistency in the quality of your assignments. Select your preferred writer from the list of writers who have handledf your previous assignments
Same paper from different writers
Are you ordering the same assignment for a friend? You can get the same paper from different writers. The goal is to produce 100% unique and original papers
Copy of sources used
Our homework writers will provide you with copies of sources used on your request. Just add the option when plaing your order
What our partners say about us
We appreciate every review and are always looking for ways to grow. See what other students think about our do my paper service.
Business and administrative studies
GOOD
Customer 452813, June 30th, 2022
Nursing
Perfectly done! Thanks again.
Customer 452707, July 18th, 2022
Philosophy
i got the paper a bit late but it is good quality will for sure come back and use this website.
Customer 452611, September 9th, 2021
Other
GOOD
Customer 452813, July 5th, 2022
Psychology
The paper is well written and professional. I highly recommend
Customer 452485, August 22nd, 2021
Web programming
thank you so much. This was very helpful and I was able to understand the assignment better after seeing it completed.
Customer 452715, September 22nd, 2022
Finance
Thank You
Customer 452643, October 24th, 2021
Management
Comprehensively done. Thank you
Customer 452583, July 20th, 2021
Other
great
Customer 452813, July 9th, 2022
Social Work and Human Services
Thank you
Customer 452559, July 2nd, 2021
Other
Thank you for a well written paper!!!
Customer 452557, January 19th, 2022
Medicine
This has everything that was in the rubric. Thank you!
Customer 452707, May 29th, 2022
OUR GIFT TO YOU
15% OFF your first order
Use a coupon FIRST15 and enjoy expert help with any task at the most affordable price.
Claim my 15% OFF Order in Chat

Get top-notch homework help now. 20% off first 10 orders!

NEW

Thank you for choosing MyCoursebay. Your presence is a motivation to us. All papers are written from scratch. Plagiarism is not tolerated. Order now for a 15% discount

Order Now