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Advanced Computer Applications 1 FMGT 3720

Financial Management Part-time Studies Course

Course details

This is a general module that introduces students to both Intuit’s QuickBooks and Sage 300 ERP accounting software packages for a Merchandising company. QuickBooks, like Sage 50 (formerly called Simply Accounting) is typically used by small business organizations while Sage 300 ERP is used by larger organizations. A significant difference between QuickBooks/Sage 50 and Sage 300 ERP is that Sage 300 ERP is a batch driven system, which many students will not have seen yet. In batch driven systems it is important for accounting students to understand when the General Ledger is updated and additionally how batches can be used to improve internal control.

Prerequisite(s)

Credits

4.0

Cost

$622.16 - $660.91 See individual course offerings below for actual costs.

Course offerings

Fall 2022

Below are two offerings of FMGT 3720 for the Fall 2022 term.

CRN 42260

Duration

Sat Sep 10 - Sat Nov 12 (10 weeks)

  • 10 weeks
  • CRN 42260
  • $660.91
Class meeting times
Dates Days Times Locations
Sep 10 - Nov 12 Sat 09:00 - 13:00 Burnaby
Instructor

TBD

Course outline

Course outline TBD — see Learning Outcomes in the interim.

Credits

4

Cost

$660.91

Important information
  1. Important course information will be sent to you prior to your course start date. Check your myBCIT email account to access this information.
Status

Cancelled

This course offering has been cancelled. Please check back next term or subscribe to receive email updates.

CRN 32943

Duration

Mon Sep 12 - Mon Nov 21 (10 weeks)

  • 10 weeks
  • CRN 32943
  • $622.16
Class meeting times
Dates Days Times Locations
Sep 12 - Nov 21 Mon 18:00 - 22:00 Online
Instructor

Lata Kochhar

Course outline

View

Credits

4

Cost

$622.16

Important information
  1. Internet delivery format.
  2. Important course information will be sent to you prior to your course start date. Check your myBCIT email account to access this information.
  3. Class WILL NOT be held on Monday, October 10th (Thanksgiving) This is not a self-paced course. You will be expected to be available and online on the posted days and times shown on your registration schedule. It is important you have a stable and consistent internet connection to access course content. Course content, type and quality of assignments, and general standards for this online course are the same as classroom courses. To be successful in this online course, plan to spend 7-10 hours per week on your studies, or more of it’s a condensed course, starting Week 1. Important course information will be sent to your myBCIT account prior to your course start date.
Status

In Progress

This course offering is in progress. Please check back next term or subscribe to receive email updates.

Learning Outcomes

Upon successful completion, the student will be able to:

  • Copy, backup, restore and manage data files in QuickBooks.
  • Navigate the principal features and functionality of QuickBooks.
  • Create Vendor and Customer master records and record transactions, including Sales Taxes, in QuickBooks.
  • Create 'items' which can be either goods or services.
  • Create a new company together with a Chart of Accounts and set up opening balances in QuickBooks.
  • Perform a Bank Reconciliation in QuickBooks.
  • Run Financial Statements in QuickBooks.
  • Export QuickBooks data to excel.
  • Perform a Client Review in the QuickBooks Accountant Edition.
  • Copy, backup, restore and manage data files in Sage 300 ERP.
  • Navigate the principal features and functionality of Sage 300 ERP.
  • Create Vendor and Customer master records in Sage 300 ERP.
  • Use batches to record transactions for the major business processes in Sage 300 ERP.
  • Review transactions in a batch prior to posting.
  • Modify transactions previously recorded in a batch before posting.
  • Post batches to update the accounting records.
  • Select if posting batches created in subsidiary ledgers will automatically post to the General Ledger.
  • Open and close fiscal periods in Sage 300 ERP.
  • Use Purchase Orders to purchase inventory items and update both Inventory and Accounts Payable modules.
  • Use Sales Orders to sell inventory items and update both Inventory and Accounts Receivable modules.
  • Update the General Ledger before running Financial Statements.
  • Run Financial Statements, Customer Aged, Vendor Aged and Inventory reports.

Effective as of Fall 2014

Related Programs

Advanced Computer Applications 1 (FMGT 3720) is offered as a part of the following programs:

School of Business + Media

  1. Accounting
    Diploma Full-time
  2. Accounting
    Diploma Part-time
  3. Computerized Accounting
    Associate Certificate Part-time
  4. Finance
    Diploma Full-time
  5. Finance
    Diploma Part-time
  6. Financial Management (Finance Option)
    Certificate Part-time
  7. Financial Management (Professional Accounting Option)
    Certificate Part-time

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