Why is the customer interview process important with regard to the Chart of Accounts (COA)?
Chart of Accounts [CLO: 1Why is the customer interview process important with regard to the Chart of Accounts (COA)? Why would you customize a COA to a specific business? How would the COA differ for a service business versus a retail business that sells products? Utilize this week’s lecture to formulate your post. Respond to at least two of your classmates’ posts in a manner that promotes further substantive dialogue.
DQ2 Vendors and Customers [CLOs: 1, 3Read the Forbes article Starting a Business: Tips For Using QuickBooks Online. Why is QuickBooks a better option than a manual accounting process when it comes to dealing with vendors and customers? What advice would you give to a business owner who says he or she does not have time to learn an accounting software system like QuickBooks? Utilize the article and this week’s lecture to formulate your post. Respond to at least two of your classmates’ posts in a manner that promotes further substantive dialogue.
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