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

Ø      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.

Ø      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.

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

Ø      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.

Ø The proper setup of a computerized accounting system is critical – don’t miss this course.

Table of Contents

I  Simply Windows Interface

1. The Home Screen
2. Moving around Simply Accounting
3. Using Simply Help
4. Moving in Dialogue Boxes
5. Working in a Ledger Window

II  Which ledgers do you need?

III  Creating a New Company’s Books  

1. Use an Empty File Structure or Select Template Files
2. Information Needed to Get Started           
3. New Company Setup Wizard

IV  Setting Up the Chart of Accounts

1. Account Number Structure       
2. Understanding Account Types
3. How do I set up my GL accounts?           
4. Setting up the GL Chart of Accounts
5. Working with Linked Accounts
6. Viewing the Chart of Accounts

V  Saving Data and Exiting the Program

1. Saving Your Data
2. Exiting Simply Accounting

VI  Using the Subsidiary Ledgers

1. Understanding Subsidiary Ledgers
2. Adding a Customer
3. Adding a Vendor
4. Adding Employees

VII  Opening Balances

1. Entering Opening Balances
2. Entering General Ledger Account Balances
3. Verifying the Accounts Opening Balances
4. Entering Accounts Receivable Opening Balances
5. Entering Accounts Payable Opening Balances
6. Entering YTD Payroll

VIII  Finishing History

1. Backing Up Data Before Finish History
2. Finishing History & Important Pointers    

IX  Preparing for Account Reconciliation

1. Preparing for the Account Reconciliation Setup
2. Setting  Up the Account for Reconciliation

X  Setting Up Projects

XI  Changing Journal Screen Columns