Digiskills Quickbooks Exercise no 1 batch 8 2020

 Digiskills Quickbooks Exercise no 1 batch 8 2020

Instructions:

Please read the following instructions carefully before submitting this Hands-on Exercise:

·         Use MS Word to prepare exercise solution.

·         You may consult tutorials and videos if the concept is not clear.

·         Your submitted exercise will not be considered/counted if:

§  It is submitted after due date.

§  It is not in the required format (.doc or .docx)

§  It does not open, or file is corrupt.

§  It is copied (partial or full) from any source (websites, forums, students, etc.)

 

 

Learning Outcome:

After completing this exercise, you shall be able to: 

·         Create a Company file in the QuickBooks

·         Add expense account in the chart of accounts

·         Hide the customer credit card number



vgProblem Statement

 

You are working as an accountant in XYZ Company. The manager assigns you the following tasks to be completed using QuickBooks Software.

 

1.      Create a Company file with your own “Name” or any name in the QuickBooks software.

2.      Add “Petty Cash” expense account in the chart of accounts.

3.      Hide the customer credit card number

 

You are required to perform the above-mentioned steps (with complete details) in QuickBooks and provide the screenshots of all the steps performed in MS Word file.


Solution Below


 

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