Computer Accounting Essentials with QuickBooks Pro 2008 Overview
By Carol Yacht and Susan Crosson

Computer Accounting Essentials with QuickBooks Pro 2008 teaches you how to use QuickBooks software (QB Pro). QuickBooks Pro is a financial management program created for businesses with 5 or fewer users.

<a onClick="window.open('/olcweb/cgi/pluginpop.cgi?it=gif::::/sites/dl/free/0073379387/599409/Glass.gif','popWin', 'width=NaN,height=NaN,resizable,scrollbars');" href="#"><img valign="absmiddle" height="16" width="16" border="0" src="/olcweb/styles/shared/linkicons/image.gif"> (1.0K)</a>Read Me: QuickBooks Pro, QuickBooks Online Edition, QuickBooks Premier, QuickBooks Enterprise Solutions, or QuickBooks Simple Start? Depending on the business, Intuit publishes a QuickBooks product to meet your needs. QuickBooks Online is an Internet-hosted solution for service businesses. The rest are computer-desktop solutions for businesses of varying complexity ranging from Simple Start Plus Pack to QuickBooks Pro to QuickBooks Premier to QuickBooks Enterprise Solutions. QuickBooks also tailors its Premier and Enterprise products to industry needs—accounting professionals, contractors, manufacturers, nonprofits, professional services, retailers, wholesalers, and distributors. For more information about the many QuickBooks products, visit the website: http://quickbooks.intuit.com <a onClick="window.open('/olcweb/cgi/pluginpop.cgi?it=gif::::/sites/dl/free/0073379387/599409/Clip.gif','popWin', 'width=NaN,height=NaN,resizable,scrollbars');" href="#"><img valign="absmiddle" height="16" width="16" border="0" src="/olcweb/styles/shared/linkicons/image.gif"> (24.0K)</a>

QB Pro is a comprehensive accounting program that includes sales order and purchase order processing, banking, inventory management, and payroll. You can also share information with Office programs, such as Word, Excel, and Outlook.

<a onClick="window.open('/olcweb/cgi/pluginpop.cgi?it=gif::::/sites/dl/free/0073379387/599409/Glass.gif','popWin', 'width=NaN,height=NaN,resizable,scrollbars');" href="#"><img valign="absmiddle" height="16" width="16" border="0" src="/olcweb/styles/shared/linkicons/image.gif"> (1.0K)</a>Read Me Schools must still purchase educational licenses from Intuit to Install QuickBooks Pro in their computer labs. The software packaged with the textbook is only good for a single user for 140 days. Students can work both at school and on their personal computers if they use external media, such as an usb drive, to backup and transport their files between locations. For an overview of QuickBooks resources available to students and educators go to: http://quickbooks.intuit.com/product/training/students_educators.jhtml

Additional textbook related resources are on the textbook website at www.mhhe.com/yachtessentials4e. It includes resources for each chapter, including troubleshooting tips, online quizzes, etc.

QUICKBOOKS PRO 2008
Each textbook includes a 140 day single user copy of the QuickBooks Pro 2008 Student Trial Edition software for students to install and use on their individual computers. After registering the software, students receive online support for 30 days from QuickBooks.

Computer Accounting Essentials with QuickBooks Pro 2008 shows how to set up and operate a merchandising business. When completed, the textbook provides a working familiarity with QuickBooks Pro 2008 software.

TEXTBOOK ORGANIZATION BY CHAPTER

1: SOFTWARE INSTALLATION AND CREATING A NEW COMPANY
After verifying your computer meets or exceeds the system requirements, you install QB Pro. Following the EasyStep Interview you create a new company and then you back it up. Finally, using the QuickBooks Coach feature you learn about QuickBooks many videos and the workflow paths of the QuickBooks desktop.

2: EXPLORING QUICKBOOKS
There are two sample companies included with the software: a product company and a service company. You explore these sample companies to learn about QB Pro's user interface, internal controls, and help resources. In addition, you review user roles, customize the privileges of a user, and e-mail a company backup to your professor.

3: NEW COMPANY SETUP FOR A MERCHANDISING BUSINESS
In this chapter, you begin operating a retail business called Your Name Retailer, Inc. You enter beginning balances for October 1, edit the chart of accounts, record and post bank transactions, complete bank reconciliation, and print reports. Detailed steps and numerous screen illustrations help you learn how to use QB Pro.

4: WORKING WITH INVENTORY, VENDORS, AND CUSTOMERS
In this chapter you complete two months of transactions for a retail business to learn basic business processes. You set up vendor preferences, defaults and inventory items, record vendor transactions, make vendor payments, record sales transactions, and collect customer payments. You also complete a bank account reconciliation, display various reports, and prepare financial statements.

5: ACCOUNTING CYCLE AND YEAR END
In this chapter you review the accounting cycle and complete end-of-year adjusting entries, print financial statements, and make closing entries.

6: FIRST MONTH OF THE NEW YEAR
In this chapter you open the new fiscal year, record one month of transactions for your business, make adjusting entries, and print reports.

Project 1: Your Name Hardware Store, is a comprehensive project that incorporates what you have learned.

Project 2: Student-Designed Merchandising Business, asks you to create a merchandising business from scratch.

Appendix A: Review of Accounting Principles