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Oklahoma State University Spears School of Business* ACCT3603 - Accounting Information Systems* Excel Project* Spring 2019 - Hargrove* You are an accountant in the Controller's

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Oklahoma State University Spears School of Business* ACCT3603 - Accounting Information Systems* Excel Project* Spring 2019 - Hargrove* You are an accountant in the Controller's Office of Cotulu Enterprises , Inc . which provides trinkets to large and small gift shops nationwide . The controller asks you to complete an accounts receivable aging* report that will be used as part of the year - end audit process . You are directed to prepare the report using the data provided to you in a text file .* The aging is based on days outstanding as of 07 / 31 / 2016 because that's when the fiscal year ends . Cotull's payment policy is net 30 days ; all invoices Issued during December are considered " Current " Invoices are classified based on the number of days past the original due date of the Invoice . Use the example in Figure & of" The Revenue Cycle " chapter as your model , Including the column titles* as the categories for classification . Although you might be able to prepare the report by looking at each Individual invoice and classifying it appropriately it provided enough time , there are way too many* outstanding invoices at year-end for a company of this size (also , calculating the aging manually wil! automatically result in zero points for this assignment . ! Therefore , you need to figure out commands and functions in Excel that will allow you to automate the aging classification as much as possible . The* goal should be to find a way for Excel to automatically classify the first Invoice based on the Invoice date* It the functions and commands for the first Invoice work correctly , then you should be able to copy and paste the commands to the remaining invoice rows without flaws . Last , for this assignment , do not use* pivot tables to create the aging . Some of the commands and functions you might need for this project are : Copy ( column , row or entire sheet !, PASTE , SORT , SUM , IF , SUBTOTAL . All of those commands and functions are available on a typical Excel toolbar and further information regarding their use can be found using Excel's Help feature* You may find it useful to use aS before a cell reference to lock the cell reference within the formula . Excel refers to this function as " relative , absolute , and mixed references ." Excel recognizes dates as a number . For Instance , " 12 / 31 / 2014" when keyed Into Excel is actually recognized as " $20.04 "` This allows you to add and subtract dates when using functions . Good Luck

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