Accounting – Quickbook

Description

Geller Construction Company

Address: 76 Rock Quarry Road, Smithfield, NC 65463
Phone Number: 252-876-0032
Contact: Kevin Lowe
Customer
Account Balance: $2,134
Rocks, Etc.

Address: 712 Hwy 158 E, Siler City, NC 77634
Phone Number: 252-443-0976
Contact: Justin Tart
Customer
Account Balance: $543
QuickBooks Users:

After adding the vendors and customers, provide a report that explains the steps in detail, with screenshots showing how to add the vendors and the customers in the software.

Submit the following for this assignment:

A memo of 350–500 words to Farm Branch Rentals that covers the following:
Explains the steps for setting up vendors and customers
Use screenshots to show how to add the vendors and customers in the software. Include the required items that are needed and other items that you think of that would be helpful in properly adding vendors and customers.
What the aged-payables and aged-receivables reports are
Explain how they might be used to make management decisions from both the view of internal and external users.
Include how the reports would be used to make management decisions for the business.
An aged-accounts payable report showing the correct setup of the vendor accounts:
Include the beginning balances for these accounts as of December 31, 2015.
Save the aged-accounts payable report as a PDF document named “U3_IP_AP_LASTNAME.”
An aged-accounts receivables report showing the correct setup of the customer accounts:
Include the beginning balances for these accounts as of December 31, 2015.
Save the aged-accounts receivables report as a PDF document named “U3_IP_AR_LASTNAME.”