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Project with Accounting Software (must be done in a team of 2 students) Purpose: 1. help you to become familiar with an accounting software, 2. reinforce your knowledge of accounting information systems and, 3. refine your general understanding of computer skills. Required: Computerized Accounting in the clouds Using MicroSoft dynamics GP2013, by Arens, Ward, and Borsum. It takes about 25 hours to complete the project. The Instructions & assignments book and the Reference book provide all pertinent materials and information to perform the project on your own, with your computer. From your "Instructions & Assignments" book, complete Option B in Chapter 8 (PAGES 8-31 to 8-61). Ignore options A and C. You need to submit the required printouts as listed on pages 8-54 and 8-55. In addition to the above documents, submit an evaluation of the current accounting softwares available on the market today (including cloud computing options) and compare them with MicroSoft GP 2013; search a recent article from a trusted source (nothing dated prior to 2012) to support your evaluation (print/photocopy and attach the article with a complete reference). Use maximum one page for this evaluation.
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Reliable Enterprises sells distressed merchandise on extended credit terms. Collections on these sales are not reasonably assured and bad debt losses cannot be reasonably predicted.
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