Assignment, Business
working on the software quickbooks pr

“REINFORCE YOUR SKILLS 4-1
Manage the Vendor List
In this exercise, you will work with the Vendor List for Quality-Built Construction. You will edit an existing vendor, create a new vendor, and delete a vendor.
To begin, Valley Insurance Company has changed its name to Vista Insurance Company. You will help Susie to make that change in QuickBooks.
1. Choose Vendors?Vendor Center.
2. Scroll down and double-click Doors Galore to open it for editing.
3. Change the vendor’s name to Coast Doors. You will have to change the name in four separate places, including on the Payment Settings tab. This new name will be reflected in all transactions that deal with this vendor—past and present.
4. Click OK to accept the change. Add a New Vendor
Angela has begun to purchase job supplies from a new vendor in Oregon. You will set up the company as a vendor.
5. Click the New Vendor button, and then choose New Vendor. 6. Enter the following information to create a new vendor.
Company Name
Valley Building Supply
Contact Name
Ms. Carmela Hutch, Owner
Address
525 E. Valley Road Salem, OR 97305
Phone
503-555-9438
Fax
503-555-9455
Type
Suppliers
Terms
Net 15
Account #
84-976
154
Chapter 4: Working with Vendors
7. Click OK to accept the new vendor record. Delete a Vendor
8. Click Abercrombie Fence Co to select it.
9. Choose Edit?Delete Vendor. 10. Click OK to confirm the deletion. 11. Close the Vendor Center window.
REINFORCE YOUR SKILLS 4-2
Enter and Pay Bills
In this exercise, you will enter a bill Angela just received. You will also pay all bills due by a certain date for Angela.
1. Choose Vendors?Enter Bills.
2. Click the drop-down arrow and choose Ruff Postage Machines as the Vendor.
3. Set the date to 12/19/2018, and then enter Postage, Dec 2018 as the memo and ref. no.
4. Type $100.00 as the amount, and choose 6610•Postage and Delivery as the account.
5. Click the Save & Close button to enter the transaction and close the window. Pay a Bill
6. Open the Pay Bills window by choosing Vendors?Pay Bills. 7. Choose all bills that are due on or before 12/31/2018 (you should find one). 8. Set the date to 12/23/2018, and choose to print the check. 9. Click Pay Selected Bills to record the payment and close the window.
10. Click Done in the Payment Summary Window.
Reinforce Your Skills 155
Essential Skills
156
REINFORCE YOUR SKILLS 4-3
Write and Print Checks
In this exercise, you will write a check for an expense and print the checks you have created.
1. Choose Banking?Write Checks.
2. Set the check to print later.
3. Set the date to 12/26/2018.
4. Type Marion County into the Pay to the Order of field and choose to Quick Add it to the Vendor List.
5. Type $250 as the amount and Business License, 2019 as the memo. 6. Select 6090•Business License & Fees as the account. 7. Click Save & Close to accept the transaction and close the window.
Print a Batch of Checks
8. Choose File?Print Forms?Checks. Notice that, by default, QuickBooks selects all checks; you can change this if you need to.
9. Ensure that Checking is the bank account and type 11353 as the first check number. 10. Click OK to move to the Print Checks window.
At this point you can verify that the correct printer and check style are selected. Now, either “stay green” and print the checks to a PDF file or physically print the checks using an available printer.
11. Click Print once you have chosen how you will print the checks. 12. Click OK in the Print Checks – Confirmation window.
REINFORCE YOUR SKILLS 4-4
Find and Edit a Transaction
Angela received an adjusted amount for the December phone bill. Rather than clicking the Previous button over and over again, in this exercise, you will use the QuickBooks Find feature to locate the transaction.
1. Choose Edit?Find.
2. Choose Bill as the Transaction Type and Western Telephone Company as the Vendor.
3. Enter the date range as 12/1/2018 to 1/15/2019, and then click Find. The bill you are looking for will be displayed in the bottom of the window.
4. Double-click the bill dated 1/2/2019 in the bottom portion of the window. The Enter Bills window will open; leave it open for the next step.
Edit a Transaction
5. Change the amount of the bill to 329.77 and choose to record the change to the transaction.
6. Save and close the transaction; close the Find window. Chapter 4: Working with Vendors
REINFORCE YOUR SKILLS 4-5
Create Vendor and P&L Reports
In this exercise, you will run vendor and profit & loss reports for Quality-Built Construction. 1. Choose Reports?Vendors & Payables?Vendor Balance Summary. 2. Submit the report based on the guidelines provided by your instructor. 3. Choose Reports?Company & Financial?Profit & Loss Standard.
4. Type a to set the date range to All. 5. Submit the report based on the guidelines provided by your instructor. 6. Choose Window?Close All, choosing not to memorize either.
7. Choose the appropriate option for your situation: ¦¦ If you will continue working, leave QuickBooks open. ¦¦ IfyouarefinishedworkinginQuickBooksfornow,chooseFile?Exit.”
(Conlon 154-157)