Digiskills Quickbooks exercise 1 Batch 2.0 2022 Quickbook Exercise no 1 DSTP 2.0 Batch 2 Lahorititan

by - LahoriTitan on - July 31, 2022

Digiskills Quickbooks exercise 1 Batch 2.0 2022

Instructions:

Please read the following instructions carefully before submitting this Hands-on Exercise:

• Use MS Word to prepare exercise solution.

• You may consult tutorials and videos if the concept is not clear.

• Your submitted exercise will not be considered/counted if:

▪ It is submitted after due date.

▪ It is not in the required format (.doc or .docx)

▪ It does not open, or file is corrupt.

▪ It is copied (partial or full) from any source (websites, forums, students, etc.)

Learning Outcome:

After completing this exercise, you shall be able to:

1. Create an “NGO/NPO (Non-Government Organization/Non-Profit Organization)” in QuickBooks.

2. Create a “Chart of Accounts” in QuickBooks related to the “NGO/NPO”.

3. Create an account in QuickBooks related to the “NGO/NPO”.


Problem Statement

1. Create a Company (“NGO/NPO (Non-Government Organization/Non-profit Organization”) using any Setup option.

2. Use your address as your (“NGO/NPO”) Company address.

3. The type of the Company is (“NGO/NPO”) a Partnership.

4. Create a “Food Expense” account in the chart of accounts related to the “NGO/NPO”.

You are required to perform the above-mentioned steps (with complete details) in QuickBooks and provide screenshots of all the steps performed in the MS Word file.

BEST OF LUCK ☺



 

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