Tutorial 13 - Defining the Account Prototype
1. | Launch the Prototypes application.![]() | |
2. | Type Branch into the Prefix Component name cell of Level 1. Type 1 into the Code Size cell of Level 1. | |
3. | Type GL Account into the GL Component name cell of Level Last. Type 3 into the Code Size cell of Level Last. | |
4. | Click on the Create button: |
This will display this Attention panel: |
Press the Create button. |
Apart from doing what it said it would do, the Account Component Tables window will have changed its appearance: the button now reads Destroy and the rows of unused Prefix Component cells have been cleared away. |
Exercise 13 - 2, Creating the Inventory of Branch Codes and Names |
1. | Click on the Prefix Component cell entitled Branch.![]() | |
2. | Enter the three Branches (Code and Description) making up the The Tutorial Company: 1 Head Office, 2 East Side, and 3 West Side: |
3. | Select Component > Save. |
Exercise 13 - 3, Creating the Inventory of GL Account Codes and Names In this exercise, you will set up the following accounts (Code and Description): |
104 | Bank | 112 | Accounts Receivable | |
120 | Inventory | 180 | Prepaid Expenses | |
210 | Equipment | 211 | Accumulated Depreciation - Equipment | |
214 | Furniture & Fixtures | 215 | Accumulated Depreciation - Furniture & Fixtures | |
308 | Accounts Payable | 312 | Wages Payable | |
324 | Accrued Expenses | 375 | Shareholders' Loans | |
410 | Capital Stock | 420 | Retained Earnings | |
499 | Close Revenue & Expense Accounts | 510 | Bits | |
520 | Bytes | 610 | Bits | |
620 | Bytes | 710 | Advertising | |
760 | Bank Charges & Interest | 790 | Communications | |
850 | Professional Fees | 870 | Repairs & Maintenance | |
890 | Rent | 910 | Wages | |
999 | Close Revenue & Expense Accounts |
1. | Click on the GL Component cell entitled GL Account.![]() | |
2. | Enter the GL Accounts (Code and Description) listed above. |
3. | Select Component > Save. |
Go To |
![]() | Tutorial 14 - Zero Balancing | |
![]() | Index |