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\nVisit Below Link, To Download This Course:\n\nhttps://www.tutorialsservice.net/product/acct-251-week-discussions-week-1-7/\n\nOr \nEmail us on\nSUPPORT@TUTORIALSSERVICE.NET\n\nACCT 251 week 1 Discussions latest\nUnderestimating/Overestimating Peachtree (graded)\nAutomated accounting information systems, such as Peachtree Complete Accounting 2010, are powerful business tools. Identify and discuss how we may overestimate or underestimate the power of accounting information systems such as Peachtree Complete Accounting 2010.\nThis section lists options that can be used to view responses.\n

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acct 251 all week discussions week 1 7

ACCT 251 ALL WEEK DISCUSSIONS WEEK 1 – 7

Visit Below Link, To Download This Course:

https://www.tutorialsservice.net/product/acct-251-week-discussions-week-1-7/

Or

Email us on

SUPPORT@TUTORIALSSERVICE.NET

ACCT 251 week 1 Discussions latest

Underestimating/Overestimating Peachtree (graded)

Automated accounting information systems, such as Peachtree Complete Accounting 2010, are powerful

business tools. Identify and discuss how we may overestimate or underestimate the power of accounting

information systems such as Peachtree Complete Accounting 2010.

This section lists options that can be used to view responses.

Accounting Knowledge (graded)

Many of you have taken at least one accounting class prior to taking this class. Explain how a person’s

understanding of accounting may help or hurt him or her in his or her use of automated accounting

information systems like Peachtree Complete Accounting 2010.

ACCT 251 week 2 Discussions latest

Maintaining Vendor Relationships (graded)

As you know, maintaining a strong & dependable relationship with your vendors is crucial to your

business. How can systems like Peachtree Complete Accounting 2010 help you to maintain this

relationship?

Payment Options (graded)

Most businesses allow their customers to use a variety of options (credit cards, store credit, check, cash,

or e-cash like PayPal) when making payments. What are some of the challenges in offering a wide variety

of payment options for firms that use systems like Peachtree Complete Accounting 2010?

ACCT 251 week 3 Discussions latest

Employee Data (graded)

Assume that you have employees who live in one state and work in another. How does this affect your

set up and use of an automated accounting system such as Peachtree Complete Accounting 2010 for

payroll processing

payroll processing?

Chart of Accounts (graded)

Most automated accounting systems provide you with a chart of account (general ledger) that is already

established. What are the challenges in relying on a pre-established chart of account?

ACCT 251 week 4 Discussions latest

Job Costing Challenges (graded)

What are some of the challenges a bookkeeper will face when trying to utilize job costing in using

Peachtree Complete Accounting 2010?

Financial Statements (graded)

You have created financial statements from your other accounting classes. These financial statements

were created manually. How similar and/or different are these statements from the ones generated in an

automated accounting system like Peachtree Complete Accounting 2010?

ACCT 251 week 5 Discussions latest

Journals & Ledgers (graded)

What are the similarities and differences between manual-based journals/ledgers and automated

accounting system journals/ledgers?

Closing the Books (graded)

As you close your books, what source document(s) are needed to help your close your books in an

automated accounting systems?

ACCT 251 week 6 Discussions latest

Data Needed for Purchasing Activities (graded)

In order topurchase goods & services via an automated accounting system, we know that vendor data

must be created correctly in Peachtree. Identify and discuss what is needed to be set-up correctly in

Peachtree Complete Accounting 2010.

Data Needed for Sales Activities (graded)

In order to sell goods & services via an automated accounting system, we know that customer data must

be created correctly in Peachtree. Identify and discuss what additional is needed to be set-up correctly in

Peachtree Complete Accounting 2010.

ACCT 251 week 7 Discussions latest

Selection of an Inventory Method (graded)

There are several inventory methods that a firm can choose to use. How does a firm’s business type

affects its selection of an inventory method in automated systems like Peachtree Complete Accounting

slide3

2010?

Payroll Reference Data (graded)

In order to process payroll correctly in an computerized accounting system, there are some important

reference tables that must be updated on a periodic basis. Identify at least two key tables and explain

their importance.

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