Course Syllabus
Course: BUS 1060
Division: Business and Applied Tech
Department: Business
Title: QuickBooks for Small Business
Semester Approved: Fall 2023
Five-Year Review Semester: Summer 2028
End Semester: Summer 2029
Catalog Description: This course is designed for entrepreneurs or small business owners who have chosen to use QuickBooks Online software to manage accounting. The course teaches basic accounting concepts and simple automated accounting methods for recording business transactions and maintaining necessary financial reports.
Semesters Offered: TBA
Credit/Time Requirement: Credit: 3; Lecture: 3; Lab: 0
Justification: Maintaining financial records and summarizing financial data into understandable reports is very important to the successful management of a business. This course teaches fundamental skills for recording small business transactions and preparing financial reports.
The Business Advisory Committee recommends that students learn QuickBooks automated accounting software for small business needs.
At Snow College, this course is a core requirement for the business one-year certificate and a requirement for accounting, agribusiness, and entrepreneurship proficiency certificates. It is also required for the Bachelor of Music.
Student Learning Outcomes:
A student can apply fundamental accounting principles. Students will learn the accounting equation, practice classifying accounts, use t-accounts to practice debits, credits, and normal balances, and apply the concepts to business transactions and the Chart of Accounts in QuickBooks. Students will be assessed through assignments, exams, projects, and possibly participation/attendance. The instructor will provide feedback.
A student can navigate QuickBooks software to accurately record business transactions and retrieve information to help make business decisions. Students will record business transactions and retrieve information related to the company, customers, vendors, banking, and employees. Students will be assessed through assignments, exams, projects, and possibly participation/attendance. The instructor will provide evaluation criteria and feedback.
A student can customize and print common accounting reports and graphs using QuickBooks software. Students will customize financial statements, reports, and graphs to meet specific print guidelines. Students will be assessed through assignments, exams, projects, and possibly participation/attendance. The instructor will provide a rubric and feedback.
Using QuickBooks software, a student can create a company file, analyze and problem-solve business activities to enter transactions, and deliver accurate financial statements and reports. Students will complete a comprehensive project as a signature assignment. Students will submit a written reflection of the project and their learning. The instructor will provide rubrics and feedback.
Content:
The following topics will be covered:Accounting concepts - assets, liabilities, equity, income, expenses, debts, credits, t-accountsQuickBooks files - organized structure of folders and files for storing and retrieving reports (PDF, Excel) Lists (database) - company accounts, customers, vendors, employees, services, products, payment methodsTransactions - invoices, sales receipts, credit memos, payments, deposits, transfers, reconciliation, discounts, purchase orders, bills, inventory, payroll, taxesReports and graphs - journal, balance sheet, income statement, accounts receivable, accounts payable, sales, and expensesTeaching resources will be representative of real-world applications. Students will find relevance in their learning by using current technology to organize, share, and analyze a variety of QuickBooks companies.
Key Performance Indicators:
Student performance is evaluated in the following weighted categories:
Attendance/Participation 0 to 20%
Assignments 20 to 40%
Exams/Projects 30 to 50%
Signature Project and Reflection Assignments 10 to 25%
Representative Text and/or Supplies:
Patricia Hartley, QuickBooks Online, Labyrinth Learning, current edition or equivalent
Pedagogy Statement:
The course will include demonstration, guided activities using QuickBooks software, discussion and practice of accounting concepts, simulated business transactions, comprehensive unit projects, and written reflection.Accessibility features, inclusive access, and low-cost options will be considered in the selection of course materials to increase access and reduce barriers.Students will work on a variety of formative low-stakes assignments to gain confidence in their skills before performing summative high-stakes assessments. Students may have the opportunity to form study groups/or use discussion boards to ask questions and post content to build a sense of community.
Instructional Mediums:
Lecture
Online
Maximum Class Size: 20
Optimum Class Size: 12
