Computer Accounting Essentials With QuickBooks Online Plus Edition is the only textbook that teaches QuickBooks using the online version. Students gain a working knowledge of the accounting software during the free 30 day trial period-no installation required. Carol Yacht and Susan Crosson's trademark step-by-step instructions show students how to use QuickBooks Online Plus Edition to meet the real-world accounting demands of a service corporation.

New to this edition

• All new screenshots reflect the very latest changes to QuickBooks Online Plus Edition.
• The Resourceful QuickBooks activites use many online learning tools offered on the QuickBooks' website. These include tutorials, podcasts and webinars, a QuickBooks library, a searchable knowledge base, and a glossary of small business terms.
• Now includes Notes payable with interest transactions, Statement of Cash Flows, and graphs created in Office Excel 2007.

Features

• Computer Accounting Essentials With QuickBooks Online Plus Edition, 4e includes step-by-step instructions for setting up a corporate service business from scratch. Using this business to demonstrate the features of the software, the accounting cycle is completed for the fourth quarter of the year.
• Students complete end-of-quarter adjusting entries, close the fiscal year, and then begin the next year. This provides students the opportunity to engage in all types of business activities and processes for six accounting periods – the fourth quarter and the first quarter. This is valuable training for future accountants, entrepreneurs, and managers.
• A variety of supplemental materials are available upon request from your sales representative including an Instructor's Manual, Excel Templates, Student Quizzes, and Flashcard Templates.
• Computer Accounting Essentials With QuickBooks Online Plus Edition, 4e, is ideal for any type of course delivery: on campus, online, or blended.

Contents

Chapter 1: Accessing QuickBooks Online Plus Edition
In Chapter 1, you will access QuickBooks Online Plus Edition software from the Internet. The step-by-step interview shows you just how easy it is to start using QuickBooks.

Chapter 2: New Company Setup
In Chapter 2, you will learn how to use the software to set up a service business. New Company Setup includes selecting a chart of accounts, entering opening balances, and printing a beginning balance sheet.

Chapter 3: Setting Accounting Defaults
In Chapter 3, you will learn how to set defaults for accounts payable, accounts receivable, and cash transactions that follow in Chapter 4. Defaults are information or commands that the software automatically uses. You also learn how to change default settings.

Chapter 4: Fourth-Quarter Transactions
In Chapter 4, you will record transactions for the fourth quarter of the year: October, November and December. You will record accounts payable, accounts receivable, and cash transactions. At the end of each month's transactions, you will reconcile the bank statement.

Chapter 5: End-of-Year & Beginning-of-Year Transactions
In Chapter 5, you will complete end-of-year adjusting entries, print financial statements, and make closing entries. Chapter 5 also includes transactions for the start of the new year – January 1 - 31, 20YY.

Chapter 6: Advanced Features
In Chapter 6, you will learn how to memorize forms, customize forms, copy data to Microsoft Excel and create graphs, and print your activity log.

Case Problem 1
Case Problem 1 includes two more months of transactions for your service business – February and March. You will complete the accounting cycle for the first quarter and print reports.

Case Problem 2
Case Problem 2 includes the end-of-quarter transactions for the first quarter. You will complete the accounting cycle for the first quarter and print reports.

Case Problem 3
Case Problem 3 is a student-designed project. You are instructed to write transactions for the next month and complete the accounting cycle showing a net loss for your business.

Appendix A: Review of Accounting Principles
A brief overview of the principles that guide accounting processes.