Acc 542 Discussion Question

| Used to keep track of all the financial transaction in a business such as all items purchased, all bills paid, and all payroll calculations

A variety of communication media can be considered when planning to produce a presentation, for example verbal communication and written communication, each type of communication media has its advantages and limitations. When developing my presentation I decided to use both verbal and written communication, although both communication methods were used I had to ensure that they were used in the correct quantities. To keep my presentation engaging I tried to use as much visual representation as possible limiting the amount of text per slide. I chose to use PowerPoint because of its combination of written and verbal communication (not to mention the cost effectiveness of choosing PowerPoint and simplistic interface); the written aspects included the text on the slides, screenshots and images. The screenshots proved particularly useful as they was of the actual database used in the daily running of the Apprenticeships Store, once paired with the demonstration of inputting data into the database it ensured greater understanding due to more practical learning as opposed to theoretical learning. More detail was provided in my handouts ensuring I didn’t give too much information at once and this allowed the audience to document any supplementary information I said during the presentation, by speaking and interpreting what was on the slides ensured the presentation remained fluid and

Explain how you would use the integration features of MS Office to incorporate the Excel information into other presentation media.

To make the presentation look professional and attractive, I would be using as many different types of information as possible, such as pictures, charts, sound, videos, tables and of course text and numbers.

Application software is essential to make workers more efficient as well as maintain company information. However, determining the best software to use is often difficult. Your course readings provide an IT Performance Model to determine how software contributes to the company. What are the individual areas in this model and how would they be used to determine the type of software needed for an organization? Are there any areas that were left out and how would they be incorporated in this model?

Preferred Consulting will install QuickBooks 2015 Pro software on your computer’s hard drive. Next, we will setup Cutting Edge as a sole proprietor organization that is engaged in service and product sales, so the software knows how to account for all the transactions and taxes your company may incur during the year. Then we will enter your customers, vendors, supplies, and inventory that your business uses to conduct daily operations. Every transaction your business performs will be entered using the appropriate section of QuickBooks Pro 2015, and the amounts are automatically distributed to the selected chart of accounts. The chart of accounts records every transaction that is entered and keeps running totals of revenues, expenses, equity, liabilities and inventory.

A PowerPoint presentation is a form of a slide show that can be of much benefit to the aging population because this feature can help with memory and cognition. An elderly individual can fail to recognize simple daily tasks, which is brought on by age cognition disability. Presentations for the aging population are helpful, as some of the pictures illustrated can remind an elderly individual on how to complete a simple task such as sweeping, cooking, and so forth.

QuickBooks and Sage 50 Accounting are both great options for small business accounting. These programs help manage business finances which can drastically save time that may have been spent creating Excel spreadsheets and more. However, while both programs are sufficient for small businesses, the programs differ based on what they can offer your company.

Good business accounting softwares do a few things well: Track income and expenses, manage estimates, invoices and customer payments, and give you a clear year-end financial reports. Really large accounting applications also allow you to create and manage inventory and track the cost of goods sold. FreshBooks excels in almost all these areas, but only has 19 reports. Although this is much less than you find in most office accounting

Accounting/Finance application systems like Peachtree, Net Suite and QuickBooks let you manage your business with a little or no experience. All three application systems allow the users to manage the companies' capital including bookkeeping, inventory,

Another area in which the direct instruction approach would be necessary is in a company budget meeting. The use of PowerPoint to display statistics to managers is an effective means to reflect sales numbers or profit and loss; PowerPoint is a tool often used in direct instructional approach (Evans, 2006). Printed materials and digital projectors may also be effective in this scenario. These various direct instruction tools assist in the learning process by providing managers with visual aids of an assortment of functions (Evans, 2006).

Sage Accpac ERP is a world recognised system, implemented over 500 organizations locally. System is focussed on automating the financial and operation transactions of an organisation and providing online real time financial reporting information.

QuickBooks is a software used by many small businesses and is designed to help manage payroll, inventory, sales and other needs of a small business. The new accounting software is more cost-effective than other existing ones and deters the need for a personal accountant. It’s simpler to use and will be of value for the business and the salesmen behind it. QuickBooks helps with everyday organization like keeping up and managing cash flow, invoicing, reports, taxes and payroll through your computer or phone screen. The software's main purpose is to alleviate the use of multiple tables and graphs, spreadsheets, and tracking sheets that are necessary to document and maintain accounting tasks for a business. You don’t necessarily need a

Quest Software offered around 25 different products, with some of the functions offering products relevant to Precise.

their accounting software. You can't go wrong with a software program with such an extensive