OTEC 175 Computerized Accounting

School of Business

OTEC 175 Computerized Accounting introduces students to an integrated computerized accounting system using Sage 50 Accounting for Windows. Utilizing business scenarios, students will establish company records; maintain daily transactions using the general ledger, accounts payable, accounts receivable, inventory, and payroll features; and create financial statements.

Accessibility Services Notice

Students who would like an academic accommodation and who have a documented disability should contact Accessibility Services, if they have not already done so.

Transfer Agreements

Course to Course transfer – NoBlock Transfer – Nobctransferguide.ca
Course Details
Total number of weeks12
Total Credits
Total Hours75
Typical hours per week breakdown
Other75

Learning Outcomes

Upon successful completion of this course, the learner will be able to:

  1. explain the terms relevant to GST, HST and PST.
  2. set up and operate an integrated accounting program for a business.
  3. create General Ledger Accounts.
  4. record, post, and adjust daily business transactions in the General Journal.
  5. use Payables Journal to create suppliers and record transactions.
  6. use Receivables Journal to create customer accounts and record transactions.
  7. use the Payroll Journal to set up employee records and record payroll transactions.
  8. complete payroll runs and reports and prepare Record of Employment & T4 slips.
  9. set up and record inventory-related transactions.
  10. create sales and purchase quotes and orders.
  11. create an Accountant’s copy.
  12. prepare financial statements.

Grading Table

Percentage Letter Grade GPA
90-100 A+ 4.33
85-89 A 4.00
80-84 A- 3.67
76-79 B+ 3.33
72-75 B 3.00
68-71 B- 2.67
64-67 C+ 2.33
60-63 C 2.00
55-59 C- 1.67
50-54 P 1.00
0-49 F 0.00
  DNW 0.00

See the Academic Calendar for General Information including how to withdraw from course(s) and other regulations.

Disclaimer

Information contained in this course outline is correct at the time of publication. Content of the course is revised on an ongoing basis to ensure relevance to changing educational, employment and market needs. The instructor will endeavor to provide notice of changes to students as soon as possible. The instructor reserves the right to add or delete material from courses.