Specifications

10  Lesson 3 Computer Tutorial 3
BATCH 148 ENTRIES 1-3
Account
Date Line Source Code Description Account Dr. Cr.
12/30/2010 1 JE Land 1550 300,000
2 JE Bank - operating 1020 300,000
12/30/2010 1 JE Inventory 1300 50,000
2 JE Accounts payable 2015 50,000
12/30/2010 1 JE Bank - operating 1020 42,000
2 JE COGS, chairs 5020 15,000
3 JE Sales, chairs 4020 42,000
4 JE Inventory 1300 15,000
BATCH 149 ENTRY 1
Account
Date Line Source Code Description Account Dr. Cr.
12/30/2010 1 JE Promotion 6540 7,000
2 JE Bank - operating 1020 7,000
In Exercise 3.4, you enter this information in Accpac.
EXERCISE 3.4
Entering transactions
1. Click G/L Transactions on the left, then double-click the Batch List icon on the right.
The G/L Batch List window opens. Click New. The G/L Journal Entry window
opens with 148 in the Batch field.
2. In the Batch Description field, type LATE DEC ENTRIES as the batch description.
3. In the Entry Description field, enter a description of the transaction. The description
should be detailed enough to identify the transaction. For the first entry, type bought
land.
4. Enter the correct date in the Date field and ensure 2010-12 appears in the
Year/Period field. Depending on your session date (entered when signing on) you
may get a warning message about being outside the range as defined in the company
profile. The default range is 30 days. Click Yes to proceed.
5. Choose the appropriate source code. For all transactions, enter or select GL-JE.
6. Click anywhere in the detail section and notice the Line number is automatically
displayed. Every time you enter a detail line, the Line number automatically
increases.
7. In the Reference field, a reference to a supporting document such as the cheque
number used should be entered. A description of the transaction should be entered in
the Description field.