Van Morrison would like to use QuickBooks Accountant for his new company, Central Coast Cellular. You choose to use QuickBooks Accountant EasyStep Interview.

The company’s federal tax ID is 77-9418745. The company is located at 950 Higuera St., San Luis Obispo, CA 93401. The company’s phone number is 805-555-9874, and its fiscal and tax year begins in January 2014. The company’s main business is cellular phone sales and rentals (which will not be done online), but it also earns revenue by consulting with customers on alternative cellular phone plans. Choose Professional Consulting as the Industry for this company.

The company is organized as a sole proprietorship selling both products and services.

Sales tax at 8% is collected on all products and services and then paid to the State Board of Equalization. (Hint: Be sure to create a tax item.) No estimates are used, but sales receipts are used to record cash sales and invoices to record credit sales. Customer billing statements may be used to remind customers of monthly balances owed. Progress billing is not used, but Van wants to keep track of bills that he owes. All checks are handwritten, inventory needs to be tracked, and credit cards are accepted. Van does plan on keeping time records for his hourly W-2 employees. He will use accounts (but not account numbers) starting on 1/1/14, at which time he plans to establish a checking account with a local bank. In addition to the recommended income and expense accounts, Van would like to have a Product Sales (Type: Income) account.

Change the preferences in QuickBooks Accountant as follows: Set QuickBooks Accountant to move between fields after pressing the Enter key. Set dates to a two-digit year format. Enable reports and graphs to refresh automatically. Enable manual payroll features.

Set up the following customers:

• Tribune, 3825 S. Higuera St., San Luis Obispo, CA 93401, 805-781-7800, Terms: Net 30, Contact: Sara Miles, Subject to state sales taxes.

• City of San Luis Obispo, 990 Palm Street, San Luis Obispo, CA 93401, 805- 781-7100, Terms: Net 30, Contact: Robert Preston, Subject to state sales taxes.

• Sterling Hotels Corporation, 4115 Broad Street, Suite B-1, San Luis Obispo, CA 93401, 805-546-9388, Terms: Net 30, Contact: Monica Flowers, Subject to state sales taxes.

Set up the following vendors:

• Verizon Communications, 1255 Corporate Drive, Irving, TX 75038, 972- 507-5000, Terms: Net 30, Contact: Francisco Rojas.

• Nokia Mobile Phones, 23621 Park Sorrento Road, Suite 101, Calabasas, CA 91302, 818-676-6000, Terms: Net 30, Contact: Brandy Parker.

• Ericsson, Inc., 740 East Cambell Road, Richardson, TX 75081, 972-583- 0000, Terms: Net 30, Contact: Monty Python.

• Employment Development Department (EDD).

Set up the following employees using the company’s federal and state tax ID 779-4187-4. All employees are paid semimonthly and subject to Social Security, FUTA, Medicare, CA state withholding, SUI (CA Unemployment Company Rate: 3%), SDI, and California’s Employment Training Taxes payable to the Employment Development Department (EDD). The California wage plan code for all employees is U (Voluntary DI, State UI Plan). Payroll taxes are paid quarterly.
• Name: Mr. Jay Bruner, Address: 552 Olive St., San Luis Obispo, CA 93401, Phone: 805-555-7894, SSN 578-94-3154, Start date: 1/1/14, Salary: $36,000 per year, Filing status: Single.
• Name: Mr. Alex Rodriguez, Address: 1480 Monterey St., San Luis Obispo, CA 93401, Phone: 805-555-1579, SSN 487-98-1374, Start date: 1/1/14, Salary: $48,000 per year, Filing status: Married with two incomes.
• Name: Ms. Megan Paulson, Address: 400 Beach St., San Luis Obispo, CA 93401, Phone: 805-555-4489, SSN 547-31-5974, Start date: 1/1/14, Hourly: $12 per hour, Filing status: Married with one income. Modify the existing chart of accounts to include an Accounts Receivable account and a checking account. Set up the following items:
• Consulting Services: Type: Service, Rate: $95, Taxable, and using income account: Consulting Income.
• Inventory Part: Item name/description: Nokia 8290, Cost: $150, Preferred vendor: Nokia Mobile Phones, Sales price: $225, Taxable, and using income account: Product Sales.
• Inventory Part: Item name/description: Nokia 8890, Cost: $175, Preferred vendor: Nokia Mobile Phones, Sales price: $250, Taxable, and using income account: Product Sales.
• Inventory Part: Item name/description: Nokia 3285, Cost: $200, Preferred vendor: Nokia Mobile Phones, Sales price: $300, Taxable, and using income account: Product Sales.
• Inventory Part: Item name/description: Ericsson LX588, Cost: $50, Preferred vendor: Ericsson, Inc., Sales price: $85, Taxable, and using income account: Product Sales.
• Inventory Part: Item name/description: Ericsson T19LX, Cost: $75, Preferred vendor: Ericsson, Inc., Sales price: $100, Taxable, and using income account: Product Sales. Print the following as of 1/1/14.

a. Customer Contact List (include only the columns for Customer, Bill to, Contact, and Phone; print in landscape orientation).

b. Vendor Contact List (include only the columns for Vendor, Bill from, Contact, and Phone; print in landscape orientation).

c. Employee Contact List (include only the columns for Employee, SSN, Phone, and Address; print in portrait orientation).

d. Account Listing (include only the columns for Account, Type, and Balance Total).

e. Item Listing (list only Item, Description, Type, Cost, Price, and Quantity On Hand).