Description:
Participants will learn how to effectively use QuickBooks to organize their accounting systems to provide the information needed for making sound management decisions. A standardized chart of accounts (COA) designed specifically for dairy businesses will be provided to all participants. Instructors will teach the class how to: restore the standardized COA to their computer; personalize the COA for their operation; set up new accounts within the standardized COA; make deposits and write checks; implement an accrual accounting system through accounts payable and receivable features; reconcile accounts; search for specific transactions; evaluate the accuracy of their system using key reports; generate reports for business analysis. http://www.das.psu.edu/dairy-alliance/education/managing-accounting