2. Slideshow 1 Introduction ACCPAC Basics 5.2

3. List of Topics Slide No. Types of Accounting Software Integrated Accounting Software3 ACCPAC Advantage: A Modular Program6 ACCPAC Integration7 ACCPAC Basics Company Desktop Icons9 Printing in ACCPAC 11 A Batch 12 Types of Batches 14 Batch List 15 Session Date 16 Tabs in Windows 17 Drop Down List 18 Calendar 19 Calculator 20 Using Help 22

4. Types of Accounting Software There are two main types of accounting software programs: Integrated ModularClick. General Ledger Payroll Inventory Projects Receivables Client Sub- Ledgers Payables Vendor Sub- Ledgers Integrated Accounting Software General Ledger Payroll Inventory Projects Receivables Client Sub- Ledgers Payables Vendor Sub- Ledgers Integrated Accounting Software General Ledger Payroll Inventory Projects Receivables Client Sub- Ledgers Payables Vendor Sub- Ledgers Integrated Accounting Software Types of Accounting Software There are two main types of accounting software programs: Integrated ModularClick. An integrated accounting system works consists of various modules that are connected as one united system, with the GENERAL LEDGER as the hub. Simply Accounting is a good example of an integrated system. Study its structure at the right. Click to continue. This type of accounting software is commonly used in small-to- medium-size companies, especially when all accounting functions are done in one office. Click to continue. General Ledger Payroll Inventory Projects Receivables Client Sub- Ledgers Payables Vendor Sub- Ledgers Integrated Accounting Software General Ledger Payroll Inventory Projects Client Sub- Ledgers Payables Vendor Sub- Ledgers Integrated Accounting Software General Ledger Payroll Inventory Projects Payables Vendor Sub- Ledgers Inventory Payables Vendor Sub- Ledgers Receivables Client Sub- Ledgers Integrated Accounting Software Payroll Projects Inventory Payables Vendor Sub- Ledgers

5. Types of Accounting Software There are two main types of accounting software programs: Integrated ModularClick. General Ledger Payroll Inventory Projects Receivables Client Sub- Ledgers Payables Vendor Sub- Ledgers Integrated Accounting Software General Ledger Payroll Inventory Projects Receivables Client Sub- Ledgers Payables Vendor Sub- Ledgers Integrated Accounting Software General Ledger Payroll Inventory Projects Receivables Client Sub- Ledgers Payables Vendor Sub- Ledgers Integrated Accounting Software Types of Accounting Software Integrated Accounting Software When a transaction is entered in one module, all other related modules are updated. For example, if you enter a sale of merchandise on credit in the Sales Journal of the RECEIVABLES module,Click. …the ACCOUNTS RECEIVABLE account in the General Ledger is increased,Click. Inventory is decreased,Click. …and the corresponding client’s record is also updated. Click to continue. General Ledger Payroll Inventory Projects Receivables Client Sub- Ledgers Payables Vendor Sub- Ledgers Integrated Accounting Software General Ledger Payroll Inventory Projects Client Sub- Ledgers Payables Vendor Sub- Ledgers Integrated Accounting Software General Ledger Payroll Inventory Projects Payables Vendor Sub- Ledgers Inventory Payables Vendor Sub- Ledgers Receivables Client Sub- Ledgers Integrated Accounting Software Payroll Projects Inventory Payables Vendor Sub- Ledgers

6. General Ledger Payroll Inventory Projects Receivables Client Sub- Ledgers Payables Vendor Sub- Ledgers Integrated Accounting Software Types of Accounting Software Integrated Accounting Software When a transaction is entered in the PAYABLES module, the Accounts Payable account in the General Ledger is updated,Click. …and the corresponding client’s record is also updated.Click. Financial statements may be printed at any time from the General Ledger module. Click to continue. Financial Statements

7. ACCPAC Advantage: A Modular Program ACCPAC Advantage is a modular program; each module is sold and installed separately.Click. The SYSTEM MANAGER is the “brain” of the ACCPAC system. It provides common and administrative services to all modules.Click. In order for ACCPAC to be able to store and manage data, a database system needs to be installed with the Systems Manager. You may use any of the systems shown.Click. To have an ACCPAC accounting system, at least one other module is installed with the System Manager, usually the GENERAL LEDGER. Click to continue. SYSTEM MANAGER Common Services Admin Services GENERAL LEDGER Database Pervasive SQL Microsoft SQL IBM DB2 Oracle SYSTEM MANAGER Common Services Admin Services Database Pervasive SQL Microsoft SQL IBM DB2 Oracle

8. ACCPAC Integration Except for the Order Entry and Purchase Orders modules, all of the other modules may be used on a standalone basis.Click. The other core modules are: ACCOUNTS PAYABLE and ACCOUNTS RECEIVABLE.Click. They access account information in the GENERAL LEDGER and send transaction data to the G/L. The integration of data is not immediate. In ACCPAC, unlike in an integrated system, transactions posted in A/P or A/R do not immediately update the G/L. Instead, transactions in A/P, A/R and other modules are sent to the G/L in the form of subledger batches. They are posted in the G/L before updated financial statements may be produced. Click to continue. GENERAL LEDGER SYSTEM MANAGER Common Services Admin Services Database ACCOUNTS RECEIVABLE ACCOUNTS PAYABLE

9. ACCPAC Integration (continued) ACCPAC Advantage, being a modular system, is more efficient in processing large volumes of transactions than that in an integrated system. The procedure of sending subledger transactions from A/P and A/R for posting in the GENERAL LEDGER provides greater control and a stronger audit trail. The setback is that up-to-date financial statements are not always available on demand. Study the integration of ACCPAC Advantage. Notice the other modules, referred to as the operations suite modules (see gold stars). Click to continue. * * * *

10. ACCPAC Basics Company Desktop/Icons The features discussed in this section apply to ALL modules. The ACCPAC desktop appears when you first start ACCPAC. On the left you will see a tree diagram of ACCPAC, showing the ACCPAC folders which contain all the various accounting and maintenance programs. The right pane shows the particular tasks (and other folders) which the selected folder on the left contains. Click Accounts Payable now. Double-clicking an icon at the right pane allows you to view the functions; e.g., by double-clicking A/P Transactions, Click A/P Transactions once now. Main Company Desktop Toolbar Right Pane icons Tree diagram

11. ACCPAC Basics Company Desktop/Icons …the functions available for A/P transactions will display. To use a specific function, you would double-click at the corresponding icon. Click the Invoice Entry icon now. For example, double-clicking the Invoice Entry icon in the A/P Transactions desktop will allow you to enter an A/P invoice. Click to continue.

12. ACCPAC Basics Printing in ACCPAC ACCPAC allows you to send reports and statements to one or more of five different print destinations (see right). Printer – to print a hard copy. Preview – to view the report or statement on the screen. File – to store a file of the report/ statement. Different formats are available. E-mail – to send the file to an email either in PDF or Rich Text format using Microsoft Outlook. Schedule – to produce the report/statement at a scheduled time. Reports may also be faxed directly if ACCPAC Messenger is installed.Click. The current print destination is indicated by an icon at the right bottom corner of the screen. Click to continue. PrinterPreviewFileE-mailSchedule

13. ACCPAC Basics A Batch Transactions in ACCPAC are processed by entering them in a batch. Although a batch may contain only one transaction, the true value of batch processing is the ability to enter several transactions and printing the batch to check for errors before posting. You may also open a batch, enter transactions as they occur and post at your convenience. A batch has three basic parts:Click. Batch No. and Batch Description – ACCPAC keeps track of all batches created. Posted batches may not be deleted in order to retain the audit trail.Click. Entry specifications – each entry represents one transaction. Each batch may contain one or more entries.Click. Batch No. and Description Entry specifications

14. ACCPAC Basics A Batch Detail Line – Each entry may contain one or more detail line. For example, the entry in Batch 2 at the right has two detail lines.Click. Study how the detail lines relate to the manual entry for this transaction. For every detail line, you may enter a comment. The text will give you step-by-step directions on how to fill in your batch window and Journal Detail window. Click to continue. Manual Entry 6400 Supplies Expense 200.00 1350 Supplies200.00

15. ACCPAC Basics Types of Batches ACCPAC provides facilities to process different types of batches. It maintains a numbering system for each type of batch within a module. Click and study the main types of batches. The user enters all the details in a user-entered batch.Click In a system-generated batch, ACCPAC automatically generates the details. You may, however, make changes to the entries if necessary.Click. You can create a batch, save it as a recurring batch, then retrieve it at a later time. You may change some details in the batch; e.g., date or amounts, then post it. This type of batch is designed to help you save input time and minimize input errors. Click to continue. User-Entered Batches Journal Entry – available only in the GENERAL LEDGER. Invoice – in A/P and A/R. Payment – in A/P only. Receipt – in A/R only. Adjustment – correction to a posted entry in A/P and A/R. System-Generated Batches Error batch – automatically generated when ACCPAC finds an error in the batch being posted. Interest batch – user can generate in A/R. ACCPAC calculates interest charges on overdue customer invoices. Others Recurring Entry – a batch can be set up in the GENERAL LEDGER for entries that recur on a regular basis; e.g., reversal entries at start of an accounting period. Recurring Payments – created in A/P for regular payments; e.g., lease payments, GST remittance, etc. Recurring Charges – created in A/R for regular charges; e.g., interest charges on overdue customer accounts.

16. ACCPAC Basics Batch List Batches are listed in a batch list. Each type of batches has its own batch listing. Study the Batch List at the right.Click. If you select Force Listing of Batches when you set up the company files, a batch may be made Ready to Post only after it has been printed to any print destination.Click. You may open and edit batches that have an Open status. If the status is Posted, you may still open and print the batch, but you may not make changes and re- post.Click. A batch may have been printed but may still be not ready to post. After printing, you need to deliberately set the batch Ready to Post status to Yes. Your text will teach you how to do all these. Click to continue.

17. ACCPAC Basics Session Date When you open a company file, the Session Date is displayed. It is the date associated with the current work session, and is used as the default date for all transaction entry. It is usually the last session date or the Windows system date, whichever is more advanced.Click. You may change the Session Date at any time during a work session by clicking File, Open Company. Click Open Company now. Change the Session Date when the Open Company window appears. Click to continue.

18. ACCPAC Basics Tabs in Windows Some ACCPAC windows may contain tabs (see right). When clicked, each tab would display a different page. Click each tab from left to right. It is important that you click the tabs consecutively from left to right; otherwise, you will be out of sync. Click to continue. tabs

19. ACCPAC Basics Drop Down List When working with ACCPAC windows, you will often see drop- down arrows (see right).Click. Like in any other Windows applications, you can click the drop-down arrow to select one of the options. These options may have been pre-set by ACCPAC, or you may have entered earlier. Click to continue. Drop-down arrow

20. ACCPAC Basics Calendar Beside DATE fields, you will find a Calendar icon (see right). This will allow you not only to look up a date but also enter the desired date in the current field. Click the Calendar icon now. If you click the left arrow, Click the left arrow now. …the calendar will move back one month. If you click the right arrow, the calendar will move forward. Click the right arrow twice. If you click on December 29, Click December 29 now. …the Date field would change accordingly. Click to continue. left arrow right arrow 12/29/2007

21. ACCPAC Basics Calculator When you need to calculate an amount, click the field and press the + key on your numeric key pad (or SHIFT/+ on the top row of keys on a laptop).Click. The calculator will appear. You will now calculate 15% of 456. On the Calculator, click 4 5 6. Click the multiplication key.

22. ACCPAC Basics Calculator Click 1 5 % = To enter it in the selected field, click the PASTE button. Click the PASTE button now. The amount will be entered accordingly. Click to continue.

23. ACCPAC Basics Using HELP Be aware that there are various levels of HELP in ACCPAC. The most important one that you need to know is how to interpret and what to do about certain error messages that you may get when processing data. Study the various topics available at the right. You may access this window through the Help option on the Main Menu Bar.Click. There is also Context Help. Click the icon if you need help while doing a certain function. Click to continue.

24. EXITMore… Go back to your text and proceed from where you have left off. Press ESC now, then click the EXIT button.