ACC427 - PC Applications and Accounting Software

Outline info
Last revision date 2018-06-13 12:07:51.976
Last review date 2018-06-13 12:07:51.977

Subject Title
PC Applications and Accounting Software

Subject Description
This course is designed to develop the student's skill in the analysis and recording of financial accounting transactions using computerized accounting software - for example, SAGE 50 and/or QuickBooks. Students will create and maintain electronic accounting records and prepare financial reports for sole proprietorships and corporations in accordance with generally accepted accounting principles.
Pre-requisites: ACC120

Credit Status
ACC427 is a full credit subject

Learning Outcomes
Upon successful completion of this subject the student will be able to:

1. Demonstrate an understanding of the basic components of both QuickBooks and SAGE 50..

2. Set up and modify vendor accounts and process payables in both systems.

3. Set up and modify customer accounts and process receivables in both systems.

4. Add and edit employee records and work with payroll in both systems.

5. Create inventory accounts and enter inventory and service data in both systems.

6. Create and print financial reports in both systems.

Cheating and Plagiarism
Each student should be aware of the College's policy regarding Cheating and Plagiarism. Seneca's Academic Policy will be strictly enforced.

To support academic honesty at Seneca College, all work submitted by students may be reviewed for authenticity and originality, utilizing software tools and third party services. Please visit the Academic Honesty site on for further information regarding cheating and plagiarism policies and procedures.

All students and employees have the right to study and work in an environment that is free from discrimination and/or harassment. Language or activities that defeat this objective violate the College Policy on Discrimination/Harassment and shall not be tolerated. Information and assistance are available from the Student Conduct Office at

Accommodation for Students with Disabilities
The College will provide reasonable accommodation to students with disabilities in order to promote academic success. If you require accommodation, contact the Counselling and Disabilities Services Office at ext. 22900 to initiate the process for documenting, assessing and implementing your individual accommodation needs.


Topic Outline
Simply Accounting:       

  • Introduction,
  • Taxes,
  • General Journal,
  • General Ledger Setup,
  • Accounts Payable,
  • Accounts Receivable,
  • Payroll,
  • Inventory
  • Introduction,
  • Taxes,
  • Cash Transactions,
  • General Journal Transactions,
  • Vendor Transactions,
  • Customer Transactions,
  • Payroll/ Inventory

Mode of Instruction

A combination of teaching methods will be utilized which may include lectures, case studies, discussions, group and individual work.

The lab periods are not sufficient to complete the required computer practice exercises. Students are expected to use the open computer labs or their own resources for additional computer time.

Prescribed Texts
Sage 50 Premium Accounting 2017 level 1, CCI  Learning Solutions Inc.,   ISBN: 9781553325123

Quickbooks Premier 2017 level 1, CCI Learning Solutions Inc., ISBN: 9781553325215

updated 6/13/2018

Reference Material

Required Supplies
USB storage device

Promotion Policy

Grading Policy
A+ 90%  to  100%
A 80%  to  89%
B+ 75%  to  79%
B 70%  to  74%
C+ 65%  to  69%
C 60%  to  64%
D+ 55%  to  59%
D 50%  to  54%
F 0%    to  49% (Not a Pass)
EXC Excellent
SAT Satisfactory
UNSAT Unsatisfactory

For further information, see a copy of the Academic Policy, available online ( or at Seneca's Registrar's Offices.

Modes of Evaluation
Modes of Evaluation
Assignments are due on the dates specified. Should extenuating circumstances arise, please contact your instructor prior to the assignment due date so that an appropriate course of action can be established. Late assignments may be subject to a penalty of up to 10% per week and will not generally be accepted beyond two weeks from the due date.

In cases of cheating or plagiarism, the College Academic Policy will prevail. Please ensure that all assignments and reports are properly documented.

Students are referred to the following website for Seneca College Library style guides, Academic Honesty Policy and Copyright guidelines:


Dates for evaluations are specified in the weekly schedule addendum to this outline. The evaluation process may include, but is not limited to, tests, exams, assignments or presentations. Any absences or missed submissions due to medical or other reasons must be supported by medical or other appropriate documentation within one (1) week of the due date. The faculty and program area must be notified immediately in the event of a missed evaluation. Upon acceptance of the documentation, the weighting of the missed deliverable will normally be applied to the final exam.

English Competency

The ability to communicate effectively is essential for success in business. Therefore, you must demonstrate English competency in this subject in both oral and written work. Ensure your written work includes correct sentence structure, spelling and punctuation. Always spell check, edit and proofread your work.

Grading is based on the following marking scheme:

Labs 10%
Term Tests 40%
Final Exam 50%

Please retain this course outline document for future educational and/or employment use.

Program Coordinator
Cynthia Duncan

Approved by: Chair - Business Studies Danielle Mercier