1. Jane has asked you to make changes to the Company Settings to set up and use additional QuickBooks features.
   1. Jane knows that discountsare a part of the business. She asks you to make sure that when you add discountsto invoice that they are tracked to the Sales account. Make the change in QuickBooks.
   2. Jane does not want you to automatically apply credits against the oldest customer invoices.She wants you to be able to apply the credits to specific invoices. Make the change in QuickBooks.

 

1. Create Invoices

Date: last day of last month

Create one invoice for each of the following customers who each received 4 weekly lawn maintenance services last month.

1. Elizabeth Barker
2. White Wedding Chapel
3. Sheraton Cavalier Markham

 

1. Receive Payment

Date: first day of this month

Record deposits for each of the following customers who are pre-paying for their 4 weeks of weekly lawn maintenance this month = $158.20 including HST. (Hint: Receive Payment for the total and "Save as credit" when prompted.) 

They use a variety of payment methods.  (Use Undeposited Funds account for all payment methods.)

For those who are paying by credit card, the batch is closed and deposited at the end of each day automatically.  So, show the credit card payments deposited to the bank account at the end of the day today.

For those who are paying by cheque, you're holding onto the cheques until you have a chance to run to the bank later this week.

1. Kelly Buss, paid by visa
2. Charlene Karlson, paid by visa
3. Daniel Jackson, paid by visa
4. Sherwood Park Commons, paid by cheque
5. Hewitt & Packer Office Complex, paid by cheque
6. Main Street Shopping Plaza, paid by cheque
7. Dennis Bergen, paid by visa

 

1. Record deposit

Date: 2^nd day of the month

The credit card batch from yesterday was closed to the bank account.  Record the deposit of only the credit card payments received in #3 above.

 

1. Issue a Credit memo

Date: 3^rd of this month

Elizabeth Barkeremailed Jon and complained about the weekly service she's been receiving. Jon decided to credit her account for two weekly maintenance visits. Issue a creditmemo and applythe credit memo against her account.

 

1. Receive payment

Date: 3rd of this month

Receive a payment from Elizabeth for the difference and deposit it to undeposited funds.

 

1. Make deposit

Date: 4^th of this month

Make a deposit of all paymentsto Chequing (Tip:remaining payments from #3 & #6).

 

1. Issue a refund

Date: 4^th of this month

After making the deposit, you get a phone call from Dennis Bergen.He requested a $50 refundbecause Alice broke a sprinkler head that needs to be replaced. Issue a refund for $50 plus tax via direct debit.

 

1. Receive payments

Date: 10^th of this month

The following customers paid the balance on their accounts using Visa:

1. White Wedding Chapel
2. Sheraton CavalierMarkham

NOTE: Both customers paid with Visa.

 

1. Make deposit

Date: 11^th of this month

Deposit the payments received in #8.

 

1. Customer Statements

Jon wants you to create Statements for customers. (Demonstrate to your Instructor that you know how to create customer statements. Hint: Go to Customers & leads on the Navigation Bar, at the top of the Customer List click on the drop-down arrow in the Batch actions button and point your cursor at Create statements. Do NOT generate statements.)

 

1. Create Delayed Charges

Creating invoicesand sales receiptsis becoming challenging. Services are being missed and as a result sales are being missed. Jane suggests using the Delayed Charge transaction. You decide to test the delayed charge before using it for all customers. Createdelayed charges for the followingcustomer:

1. Customer: The Medieval Centre
2. Dates: 2nd, 9th, 16th, 23rd, 30th of last month.
3. Service: Weekly Lawn Maintenance
4. Taxable

 

1. Use Delayed Charges

Date: last day of this month

Create an invoice for the MedievalCentre using the Delayed Charges.

 

1. Create Estimate

Date: first day of this month

A new customer has asked for a quote. Create an estimate for a new customer named:

 

Contact: Russell Martinson. 

Company: Blue Jay Properties

Display name as: Blue Jay Properties

500 Yonge St.Toronto, ON M4P 1A6

 

 

Create an estimate including the following items:

1. Hedge Trimming—$780
2. Spring Cleaning—$4500
3. Fertilizer—$2897
4. Core Aeration—$1200

 

1. Mark Estimate as Accepted

Date: first day of this month

Russell Martinsonhas approved the estimate. Mark it as Accepted.

 

1. Estimate into Invoice

Date: last day of this month

Copy Russell Martinson's estimate to a new invoice.

 

1. Generate the following reports.  Save as pdf(s).  Email to your instructor for marks:
   1. Customer Balance Detail report

Dates: All Dates

Columns: default

Orientation: Portrait