Simply Accounting ----- lead you to be a real bookkeeper

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Course Description

This course will focus on the proper setup of Simply data files. You will be led through the steps of creating a set of ¡°books¡± and understand the different ways to go about setting up the General Ledger chart of accounts. The sub ledgers of Accounts Receivable, Accounts Payable and Payroll will be set up as well as the opening Bank Reconciliation file. The course does not spend any time on inventory or projects.

Course Objectives

  • To take a person with no accounting or Simply experience through the software so that they are familiar with the program and it¡¯s structure and usability.

  • The Linked accounts are critical to a good setup in Simply Accounting. The student will find out valuable information in this area that will greatly improve the results that they get out of Simply Accounting.

  • The course is perfect for the person who needs to set up a new set of company books in Simply.

  • For those people who may already be using Simply Accounting this course will give them some useful tips and a better understanding of what they have been doing in the program and it may even show them a better way to do certain tasks.

  • The proper setup of a computerized accounting system is critical - don¡¯t miss this course.

 

Table of Contents

I Simply Windows Interface

The Home Screen

Moving around Simply Accounting

Using Simply Help

Moving in Dialogue Boxes

Working in a Ledger Window

II Which ledgers do you need?

III Creating a New Company¡¯s Books

Use an Empty File Structure or Select Template Files

Information Needed to Get Started

New Company Setup Wizard

IV Setting Up the Chart of Accounts

Account Number Structure

Understanding Account Types

How do I set up my GL accounts?

Setting up the GL Chart of Accounts

Working with Linked Accounts

Viewing the Chart of Accounts

V Saving Data and Exiting the Program

Saving Your Data

Exiting Simply Accounting

VI Using the Subsidiary Ledgers

Understanding Subsidiary Ledgers

Adding a Customer

Adding a Vendor

Adding Employees

VII Opening Balances

Entering Opening Balances

Entering General Ledger Account Balances

Verifying the Accounts Opening Balances

Entering Accounts Receivable Opening Balances

Entering Accounts Payable Opening Balances

Entering YTD Payroll

VIII Finishing History

Backing Up Data Before Finish History

Finishing History & Important Pointers

IX Preparing for Account Reconciliation

Preparing for the Account Reconciliation Setup

Setting Up the Account for Reconciliation

X Setting Up Projects

XI Changing Journal Screen Columns