Computerized Accounting

Curriculum Guideline

Effective Date:
Course
Discontinued
No
Course Code
ACCT 1220
Descriptive
Computerized Accounting
Department
Accounting
Faculty
Commerce & Business Administration
Credits
3.00
Start Date
End Term
201920
PLAR
No
Semester Length
15 Weeks X 5 Hours Per Week = 75 Hours
Max Class Size
30
Contact Hours
Lecture 2 hours/week Laboratory 3 hours/week
Method(s) Of Instruction
Lecture
Lab
Learning Activities

Lecture and practical applications, conducted exclusively in a computer lab.

Course Description
This course will introduce the student to the concepts and practices of computerized accounting. This course will build on and apply previously acquired accounting and computer skills. In addition to spreadsheet techniques and applications using Excel, the student will learn SAGE 300: General Ledger and Financial Reporter, Accounts Receivable and Accounts Payable.
Course Content

1.1  Review basic spreadsheet concepts

1.2  Review and apply basic accounting concepts

1.3  Prepare spreadsheets and charts for financial statements, financial analyses, and supporting schedules, including a complete accounting worksheet and financial statement project. Learn appropriate use of spreadsheet formulas and functions as required, such as specialized functions, databases, pivot tables/charts and what if analysis.

2.1  Introduce SAGE 300

2.2  Set up databases and activate the General Ledger

2.3  Set up the General Ledger and Chart of Accounts; process day-to-day and adjusting entries

2.4  Print transaction batches and the Trial Balance

2.5  Generate and modify financial statements using the Financial Reporter feature

2.6  Export and import the Chart of Accounts to and from Excel; export the Trial Balance to Excel

2.7  Perform year-end procedures and print the post-closing Trial Balance

2.8  Activate and set up tax and bank services

3.1  Activate and set up the Accounts Receivable module

3.2  Process day-to-day transactions, including invoices, cash receipts and adjustments

3.3  Perform period-end processing, including interest and write-off batches

3.4  Generate reports, including the Aged Trial Balance

4.1  Activate and set up the Accounts Payable module

4.2  Process day-to-day transactions, including invoices and adjustments

4.3  Process payments, both manual and computer generated cheques

4.4  Generate reports, including the Aged Payables Report.

Learning Outcomes

At the end of the course, the successful student should be able to:

  1. Create finance- and accounting-related spreadsheets and charts by enhancing previously acquired finance, accounting and computer skills
  2. Set up and use the SAGE 300 General Ledger module and Financial Reporter
  3. Set up and use the SAGE 300 Accounts Receivable module
  4. Set up and use the SAGE 300 Accounts Payable module
Means of Assessment
Excel    
Assignment(s) or Test(s) - At least two in total. 10 to 15%  
Excel examination 20 to 25%  
 Total Excel     30 to 40%

SAGE

   

At least three tests in total

   
General Ledger and Financial Reporter test 10 to 15%  
Accounts Payable test 10 to 15%  
Accounts Receivable test 10 to 15%  
SAGE examination 30 to 40%  
Total SAGE     60 to 70%
    100%

Students must write all examinations in order to obtain credit for the course.

Textbook Materials

Grauer, Mulbery & Poarsy, Exploring Microsoft Excel Comprehensive, latest edition, Pearson Educational.

Christine A. Heaney, SAGE 300 ERP, latest edition, Pearson Educational.

Other resources as  approved by department.

Prerequisites

(ACCT 1110 with a grade of C+ or better OR ACCT 1210 with a grade of C or better OR ACCT 1235 with a grade of C or better) AND (CSIS 1190 with a grade of C or better or CSIS 2200 with a grade of C or better.)

Which Prerequisite