ACCPAC
ACCPAC covers how to record day-to-day transactions for a company using ACCPAC, a popular financial software package. The module includes the General Ledger, Payable and Receivable Modules. The participant will also learn how to maintain a standard set of books using computerized accounting and how to develop a standard set of financial reports.
Course Length
Up to 84 hours
Text Book
Using SAGE ACCPAC 500 ERP Version 5.5 by Christine A. Heaney (ISBN 978-0-321-62827-5)
Method of Evaluation
- Practical Exercises 20%
- Participation 20%
- Final Exam 60% (minimum 65%=pass)
Competencies
Knowledge
- Understand how to setup an accounting system and company database
- Understand how to create and print a Chart of Accounts
- Understand how to setup Bank Services and Tax Services
- Understand how to enter and post purchase invoices, vendor credit and debit
notes, and payments in Payable Module - Understand how to enter and post sales invoices, credit and debit notes, and
payments in Receivable Module
Competencies
Skills
- Able to create the Chart of Account
- Able to perform transaction processing related to (Cash & Credit) purchases and
payments in Payable Module and (Cash & Credit) sales and receipts in Receivable
Module - Able to process pay cheques for employees individually or by regular payroll
cheque runs - Able to develop a standard set of financial reports
- Able to close the year
- Able to perform Bank Reconciliation