British Columbia Institute of Technologywww.bcit.ca/study/courses/fmgt3720

Important Notice: COVID-19 Institute response

BCIT

FMGT 3720 - Advanced Computer Applications 1

Financial Management Part-time Studies Course

School of Business + Media

BCIT is planning for a substantial return to on-campus activity for the fall 2021 term as informed by BC Public Health Officer guidelines. Refer to each course listing for details.

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)

(BSYS 2050 and BSYS 2060 or BSYS 2051 and BSYS 2061) or FMGT 2100 and (FMGT 2710 or FMGT 2711 or COMP 1255)

Credits

4.0

Cost

$646.72

Fall 2021

Below are two offerings of this course for the Fall 2021 term.

CRN 42260

Thu Sep 09 - Thu Nov 18 10 Weeks

Class Meeting Times

Dates Days Times Locations
Sep 09 - Nov 18 Thu 18:00 - 22:00 Online

Instructor

Peter Goel

Course Outline

Cost

$646.72

Notes

  1. Internet delivery format.
  2. Class WILL NOT be held on September 30th (National Day for Truth and Reconciliation) & Thursday, November 11th (Remembrance Day). 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.
  3. Important course information will be sent to you prior to your course start date. Check your myBCIT email account to access this information.

This course offering is in progress. Please check this page for other currently available offerings or subscribe to receive email updates.

In Progress

CRN 32943

Mon Sep 13 - Mon Nov 22 10 Weeks

Class Meeting Times

Dates Days Times Locations
Sep 13 - Nov 22 Mon 18:00 - 22:00 Online

Instructor

Lata Kochhar

Course Outline

Cost

$646.72

Notes

  1. Internet delivery format.
  2. 1. Class WILL NOT be held on Monday, October 11th (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. 2. This is a Bring Your Own Device (BYOD) course. Students are required to use their own laptop during class time. Computing requirements for the School of Business and Media can be found here: https://www.bcit.ca/files/business/pdf/bcit-sobm-byod.pdf. Information about student discounts on technology products can be found here: https://www.bcit.ca/it-services/student-discounts/. 3. A desktop computer is not suitable for this course.
  3. Important course information will be sent to you prior to your course start date. Check your myBCIT email account to access this information.

This course offering is in progress. Please check this page for other currently available offerings or subscribe to receive email updates.

In Progress

Winter 2022

Below are two offerings of this course for the Winter 2022 term.

CRN 73117

Tue Jan 04 - Tue Mar 08 10 Weeks

Class Meeting Times

Dates Days Times Locations
Jan 04 - Mar 08 Tue 18:00 - 22:00 Online

Instructor

Lata Kochhar

Course Outline

TBD – see Learning Outcomes in the interim

Cost

$646.72

Notes

  1. Internet delivery format.
  2. 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.

A portion of seats are temporarily held for domestic students. International students: this may impact your ability to register. Learn why.

}

This section is only available for registration starting Wed, Oct 27 at 9:00 am (PDT)

Sneak Preview

CRN 46327

Sat Jan 08 - Sat Mar 12 10 Weeks

Class Meeting Times

Dates Days Times Locations
Jan 08 - Mar 12 Sat 09:00 - 13:00 Online

Instructor

Peter Goel

Course Outline

TBD – see Learning Outcomes in the interim

Cost

$646.72

Notes

  1. Internet delivery format.
  2. EXAMS WILL BE HELD IN-CLASS AT THE BURNABY CAMPUS. THESE WILL BE HOSTED ON A SCHEDULED WEDNESDAY. THE SPECIFIC DATES FOR THESE ARE TO BE ANNOUNCED. 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.

A portion of seats are temporarily held for domestic students. International students: this may impact your ability to register. Learn why.

}

This section is only available for registration starting Wed, Oct 27 at 9:00 am (PDT)

Sneak Preview

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

FMGT 3720 is offered as a part of the following programs:

School of Business + Media

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

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Registration News

Registration is currently open for the Fall 2021 term.

A sneak preview of Winter 2022 term courses is also now available here.

Students may register for Winter 2022 term courses online or by phone starting Wed, Oct 27 at 9:00 am (PDT).

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