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Klooster and Allen's INTEGRATED ACCOUNTING FOR WINDOWS, 7th edition teaches students about computerized accounting and the operating procedures for all Windows-based programs. Klooster & Allen software was designed to emulate commercial software packages and help prepare students for the workplace. Step-wise instruction and clear examples help students understand the software without becoming overwhelmed. INTEGRATED ACCOUNTING FOR WINDOWS introduces software gradually through the use of opening balance files, showing students how to process ongoing accounting systems. In this way, students can concentrate on learning accounting topics while gaining software experience. Each chapter offers a sample problem, a student exercise, two software problems (with audit questions), and the use of a student-solution checker. This approach permits students to work independently and at their own pace.
- This version of Integrated Accounting 7e retains the features that made the previous versions successful while taking full advantage of the Windows 95, 98, NT, Me, 2000, XP, and Vista environments. The design and development of the software follows the standard conventions of the these operating systems.
- A check writing and cash payments screen has been added to the software that generates the resulting cash payments journal entries. In addition, a cash receipts screen has been added that permits the entry of all cash receipts and generates the resulting cash receipts journal entries.
- A check box has been provided in the Company Information tab of the Accounting System setup that indicates whether or not special journals are to be used. This makes the appearance of the software more in keeping with the commercial accounting software in use today. Special journals are optional in this edition.
- Several changes have been made to the text-workbook: (1) use of special journals have been removed from all chapters, (2) the previous edition's chapter that concentrated on special journals has been revised and made into Appendix A for those who desire this exposure, (3) use of the software's new cash payment and cash receipt screens have been included throughout the text, (4) the previous edition's voucher system chapter has been removed, (5) use of voucher accounting systems and related voucher transactions have been removed from all chapters, and (6) a new chapter 5 has been added that completes an entire accounting cycle for a merchandising business (using the cost of merchandise sold account) with budgeting.
- For the online environment, students can send completed problem files to their instructors as email attachments. Instructors can use the inspector CD to check student work and email detailed reports back to the student.
- Klooster/Allen General Ledger Software version 7.0 is packaged with the text. This intuitive software teaches accounting principles and introduces concepts and principles relative to modern computer-based accounting systems.
- Integrated Accounting 7e offers seamless integration within the software applications of general ledger, accounts payable, accounts receivable, bank reconciliation, budgeting, purchase order processing and inventory, sales order processing and inventory, fixed assets, and payroll. For example, when a sales invoice is processed, the system automatically generates a sales invoice form and updates inventory, the sales journal, the customer's account, and the general ledger accounts. In addition, menu options are available to generate periodic journal entries such as depreciation adjusting entries and both the employee and employer's payroll taxes. The Integrated Accounting 7e software also offers integration with other application software such as spreadsheets and word processors, via copy and paste capabilities.
- The Info button seamlessly connects students to check figures on the Internet for immediate help. As students move through the software, bulleted directions are available to walk them through each step.
- Accounting Explorer allows students to browse through the accounting system in much the same way as Windows Explorer does in an operating system. This is particularly helpful in tracking errors students may have made.
- Inspector Program utilizes a Wizard interface so that it is easier to choose files to score students' work. This reduces the amount of time an instructor devotes to grading work.
- All A problems are equipped with the extremely popular Student Checker, which provides immediate feedback to students as they work through the problems.
2. Accounting Cycle of a Service Business and Bank Reconciliation.
3. Accounts Payable: Purchase Order Processing and Inventory Control.
4. Accounts Receivable: Sales Order Processing and Inventory Control.
5. Accounting Cycle of a Merchandising Business and Budgeting.
6. Fixed Assets.
8. Partnerships and Corporations.
9. Financial Statement Analysis.
11.Accounting System Setup.