BFA504 Accounting Systems and Processes Assessment 3: Xero Case Study Due: 11th October 11.59pm Part A: XERO work New Age Designs Pty Ltd (New Age) is a Tasmanian small to medium sized enterprise which sells caps and hats to government departments (SME). New Age has decided to convert their manual system of bookkeeping to an online system using Xero. New Age has two stores (one in Hobart, and one in Launceston). They have been operating since 1st July 2019, but as the Launceston store opened on 1st July 2020, they have not previously had financial figures for each store. They would now like to have financial reports for both stores from 1st July 2020 (note: inventory is not recorded per store, but sales and purchases are). New Age previously posted sale transactions to the general ledger from bank records, rather than generating and posting sales invoices. Depreciation on fixed assets (as shown in the list of transactions) are accounted for monthly. Note: This is an individual assignment not a group assignment. YOU MUST USE the XERO LEARN assignment link forwarded to your email as trial and tutorial versions of Xero will not be marked.
BFA504 Accounting Systems and Processes Assessment 3: Xero Case Study Due: 11th October 11.59pm Part A: XERO work New Age Designs Pty Ltd (New Age) is a Tasmanian small to medium sized enterprise which sells caps and hats to government departments (SME). New Age has decided to convert their manual system of bookkeeping to an […]