FNSACC416_Assessment 2 AC 160519.docx - FNSACC416 Set up...

FNSACC416 Set up and operate a computerised accounting system
Name: Alison Cifuentes
ID: 70121
ASSESSMENT 2 – PROJECT
STUDENT INFORMATION
This information is to be handed to each student to outline the assessment requirements
For this assessment, you are required to use your accounting system from Project 1 to follow 3 months
of business transactions. This should be from the same business as Project 1. If you are using the
example of Ed’s Whitegoods, then you should use the information found in appendices 1-4, which states
Ed’s Business details and transactions from October 2014 – December 2014 Inclusive.
Students should use their accounting systems to do the following:
 Firstly, gather and organise any relevant data to be entered
 Use the general journal to make adjustments as required
 Double check the system by testing the data
 Any processing errors should be identified and corrected
 Record all items as listed in the accounting period, making adjustments and additions as required
 Ensure that the chart of accounts and the system is meeting the requirements of the organisation