User Guide

Adding Historical Sales Data
Workbook 57
S
wc90wb.doc, printed on 1/3/02, at 11:14 AM. Last saved on 1/3/02 10:54 AM.
ACCPAC INTERNATIONAL, INC. Confidential
1100 Investments 4,000.00
1200 Accounts Receivable 6,000.00
1300 Prepaid Expense And Deposits 710.00
1520 Computer Supplies 4,875.00
1530 Manuals 1,500.00
1540 Computer Hardware 15,450.00
1820 Office Furniture and Equipment 5,000.00
1825 Accum. Amort. –Furn. & Equip. -3,000.00
1840 Vehicle 6,000.00
1845 Accum. Amort. -Vehicle -4,500.00
2120 Bank Loan - Current Portion 34,302.25
2185 CPP Payable 845.00
2230 WCB Payable 592.00
3010 Owner’s Contribution 100.00
3560 Retained Earnings - Previous Year 5,993.36
5430 CPP Expense 422.50
5440 WCB Expense 592.00
3. Close the Accounts window.
Note:
If you have mistyped one of the amounts above, then
Simply Accounting warns you that the debits and credits are
not equal and that it will assign the difference to the
Retained Earnings account. Click OK and correct the values
in the chart of accounts.
4. To display the historical information you just entered, in the
Accounts icon window, from the Reports menu, choose Trial
Balance. Your total debits and total credits — at the bottom
of the report — should balance.
Adding Historical Sales Data
Before you finish entering history, the Accounts Receivable
account balance must equal the total of unpaid invoices for all
customers.
In the previous exercise, you entered a $6,000 balance in the
Accounts Receivable account. Now you must make sure that the
total of all customer balances in the Customers window is $6,000.