QuickBooks Setup and Optimization for Scorched Bonnets

Open
Scorched Bonnets
Pickering, Ontario, Canada
Co-Founder
(6)
4
Project
Academic experience
60 hours per student
Student
Anywhere
Advanced level

Project scope

Categories
Accounting Operations Financial services
Skills
financial statements ibm system p financial management invoicing quickbooks (accounting software) business operations accounting software financial data accounting templates
Details

Scorched Bonnets is seeking to streamline its financial management processes by implementing QuickBooks. The goal of this project is to set up QuickBooks to effectively manage the company's accounting needs, including invoicing, expense tracking, tracking inventory, and financial reporting. The project will involve configuring QuickBooks to align with Scorched Bonnets' specific business operations and ensuring that the software is optimized for ease of use by the company's accounting team. Learners will apply their knowledge of accounting principles and software to customize QuickBooks settings, import existing financial data, and create templates for recurring transactions. This project provides an opportunity to gain hands-on experience with a widely-used accounting software, enhancing learners' practical skills in financial management systems.

Deliverables

- A fully configured QuickBooks account tailored to Scorched Bonnets' business needs.


- Importation and organization of existing financial data into QuickBooks.


- Customized templates for invoices, bills, and financial reports.


-Set up for inventory collection


- A user guide for Scorched Bonnets' staff detailing how to use the configured QuickBooks system.


- A presentation summarizing the setup process and demonstrating the system's functionality.

Mentorship
Tools and/or resources

Providing access to necessary tools, software, and resources required for project completion.

Regular meetings

Scheduled check-ins to discuss progress, address challenges, and provide feedback.

About the company

Company
Pickering, Ontario, Canada
2 - 10 employees
Food & beverage

We are spicing up the lives of our valued customers. Our goal is to get our pepper spread on the shelves of gourmet grocery stores and wineries in Canada and USA. We are a start-up business looking for fresh ideas on how to elevate our brand. We are three women with a passion for food and fun.