AIN2601
Assignment 6 PORTFOLIO GUIDELINES
Unique number:
Due Date:
AIN2601 PORTFOLIO DETAILED STEP BY STEP GUIDELINES
TABLE OF CONTENTS
SECTION A – COMPANY SETUP .................................................................................................... 6
Task 1: Create the Company Using Setup Assistant ..................................................................... 6
Task 2: Create Supervisor User ...................................................................................................... 7
Task 3: Edit the Chart of Accounts ................................................................................................. 9
Task 3.1 – View the Trial Balance ....................................................................................................... 9
Task 3.2 – Edit Existing Accounts ..................................................................................................... 10
Task 3.3 – Create New GL Accounts ................................................................................................ 12
Task 4: Setup Company Parameters ............................................................................................ 13
Task 4.1 – Change Company Name and Trading Name ................................................................. 14
Task 4.2 – Enter Contact Details ....................................................................................................... 16
Task 4.3 – Document Numbers .......................................................................................................... 17
Task 4.4 – Set Cash Book Transfer Account .................................................................................... 17
Task 4.5 – Make a Backup ................................................................................................................. 17
DISCLAIMER & TERMS OF USE
Educational Aid: These study notes are intended to be used as educational resources and should not be seen as a
replacement for individual research, critical analysis, or professional consultation. Students are encouraged to perform
their own research and seek advice from their instructors or academic advisors for specific assignment guidelines.
Personal Responsibility: While every effort has been made to ensure the accuracy and reliability of the information in
these study notes, the seller does not guarantee the completeness or correctness of all content. The buyer is
responsible for verifying the accuracy of the information and exercising their own judgment when applying it to their
assignments.
Academic Integrity: It is essential for students to maintain academic integrity and follow their institution's policies
regarding plagiarism, citation, and referencing. These study notes should be used as learning tools and sources of
inspiration. Any direct reproduction of the content without proper citation and acknowledgment may be considered
academic misconduct.
Limited Liability: The seller shall not be liable for any direct or indirect damages, losses, or consequences arising from
the use of these notes. This includes, but is not limited to, poor academic performance, penalties, or any other negative
consequences resulting from the application or misuse of the information provided.
, For additional support +27 81 278 3372
AIN2601 PORTFOLIO DETAILED STEP BY STEP
GUIDELINES
TABLE OF CONTENTS
SECTION A – COMPANY SETUP .................................................................................................... 6
Task 1: Create the Company Using Setup Assistant ..................................................................... 6
Task 2: Create Supervisor User....................................................................................................... 7
Task 3: Edit the Chart of Accounts ................................................................................................. 9
Task 3.1 – View the Trial Balance ....................................................................................................... 9
Task 3.2 – Edit Existing Accounts ..................................................................................................... 10
Task 3.3 – Create New GL Accounts................................................................................................. 12
Task 4: Setup Company Parameters ............................................................................................. 13
Task 4.1 – Change Company Name and Trading Name ................................................................. 14
Task 4.2 – Enter Contact Details ....................................................................................................... 16
Task 4.3 – Document Numbers .......................................................................................................... 17
Task 4.4 – Set Cash Book Transfer Account .................................................................................... 17
Task 4.5 – Make a Backup ................................................................................................................. 17
Task 5: Setup Users, Entry Types and Tax .................................................................................. 18
Task 5.1 – Setup Additional Users ..................................................................................................... 18
Task 5.2 – Change Entry Type Descriptions .................................................................................... 26
Task 5.3 – Set Tax Default Entry Method ........................................................................................ 27
Task 5.4 – Set Tax Reporting Frequency .......................................................................................... 28
Task 6: Setup Customers Control, Suppliers Control and Inventory........................................ 28
Task 6.1 – Setup Customer Control Configuration ......................................................................... 29
Task 6.2 – Setup Customer Statements and Messages .................................................................... 30
Task 6.3 – Setup Early Payment Terms and Processing Method ................................................... 31
Task 6.4 – Setup Supplier Control Configuration ........................................................................... 31
Task 6.5 – Setup Supplier Terms and Tax........................................................................................ 32
Task 6.6 – Inventory Decimal and Discount Settings ...................................................................... 33
Task 6.7 – Configure Inventory Integration Groups ....................................................................... 33
Task 6.8 – Print Inventory Groups Listing....................................................................................... 36
Task 6.9 – Backup PPS Defaults ........................................................................................................ 37
Task 7: Edit Supplier Accounts ..................................................................................................... 38
Task 7.2 – Print Supplier Master Listing ......................................................................................... 41
Assignment 6 PORTFOLIO GUIDELINES
Unique number:
Due Date:
AIN2601 PORTFOLIO DETAILED STEP BY STEP GUIDELINES
TABLE OF CONTENTS
SECTION A – COMPANY SETUP .................................................................................................... 6
Task 1: Create the Company Using Setup Assistant ..................................................................... 6
Task 2: Create Supervisor User ...................................................................................................... 7
Task 3: Edit the Chart of Accounts ................................................................................................. 9
Task 3.1 – View the Trial Balance ....................................................................................................... 9
Task 3.2 – Edit Existing Accounts ..................................................................................................... 10
Task 3.3 – Create New GL Accounts ................................................................................................ 12
Task 4: Setup Company Parameters ............................................................................................ 13
Task 4.1 – Change Company Name and Trading Name ................................................................. 14
Task 4.2 – Enter Contact Details ....................................................................................................... 16
Task 4.3 – Document Numbers .......................................................................................................... 17
Task 4.4 – Set Cash Book Transfer Account .................................................................................... 17
Task 4.5 – Make a Backup ................................................................................................................. 17
DISCLAIMER & TERMS OF USE
Educational Aid: These study notes are intended to be used as educational resources and should not be seen as a
replacement for individual research, critical analysis, or professional consultation. Students are encouraged to perform
their own research and seek advice from their instructors or academic advisors for specific assignment guidelines.
Personal Responsibility: While every effort has been made to ensure the accuracy and reliability of the information in
these study notes, the seller does not guarantee the completeness or correctness of all content. The buyer is
responsible for verifying the accuracy of the information and exercising their own judgment when applying it to their
assignments.
Academic Integrity: It is essential for students to maintain academic integrity and follow their institution's policies
regarding plagiarism, citation, and referencing. These study notes should be used as learning tools and sources of
inspiration. Any direct reproduction of the content without proper citation and acknowledgment may be considered
academic misconduct.
Limited Liability: The seller shall not be liable for any direct or indirect damages, losses, or consequences arising from
the use of these notes. This includes, but is not limited to, poor academic performance, penalties, or any other negative
consequences resulting from the application or misuse of the information provided.
, For additional support +27 81 278 3372
AIN2601 PORTFOLIO DETAILED STEP BY STEP
GUIDELINES
TABLE OF CONTENTS
SECTION A – COMPANY SETUP .................................................................................................... 6
Task 1: Create the Company Using Setup Assistant ..................................................................... 6
Task 2: Create Supervisor User....................................................................................................... 7
Task 3: Edit the Chart of Accounts ................................................................................................. 9
Task 3.1 – View the Trial Balance ....................................................................................................... 9
Task 3.2 – Edit Existing Accounts ..................................................................................................... 10
Task 3.3 – Create New GL Accounts................................................................................................. 12
Task 4: Setup Company Parameters ............................................................................................. 13
Task 4.1 – Change Company Name and Trading Name ................................................................. 14
Task 4.2 – Enter Contact Details ....................................................................................................... 16
Task 4.3 – Document Numbers .......................................................................................................... 17
Task 4.4 – Set Cash Book Transfer Account .................................................................................... 17
Task 4.5 – Make a Backup ................................................................................................................. 17
Task 5: Setup Users, Entry Types and Tax .................................................................................. 18
Task 5.1 – Setup Additional Users ..................................................................................................... 18
Task 5.2 – Change Entry Type Descriptions .................................................................................... 26
Task 5.3 – Set Tax Default Entry Method ........................................................................................ 27
Task 5.4 – Set Tax Reporting Frequency .......................................................................................... 28
Task 6: Setup Customers Control, Suppliers Control and Inventory........................................ 28
Task 6.1 – Setup Customer Control Configuration ......................................................................... 29
Task 6.2 – Setup Customer Statements and Messages .................................................................... 30
Task 6.3 – Setup Early Payment Terms and Processing Method ................................................... 31
Task 6.4 – Setup Supplier Control Configuration ........................................................................... 31
Task 6.5 – Setup Supplier Terms and Tax........................................................................................ 32
Task 6.6 – Inventory Decimal and Discount Settings ...................................................................... 33
Task 6.7 – Configure Inventory Integration Groups ....................................................................... 33
Task 6.8 – Print Inventory Groups Listing....................................................................................... 36
Task 6.9 – Backup PPS Defaults ........................................................................................................ 37
Task 7: Edit Supplier Accounts ..................................................................................................... 38
Task 7.2 – Print Supplier Master Listing ......................................................................................... 41
