Oakline Network Services
Oakline Network Services combines monthly support contracts with quoted installation projects. The work has been invoiced, but receipts remain unapplied and the books have never been reconciled.
Your assignment is to connect the customer work to the payments actually received. Trace the supplied invoices, determine how combined and partial receipts should be applied, and investigate entries that do not belong. Reconcile accounts that have never been reconciled before, leaving a quarter that supports a clear view of what remains owed.
The work you'll take on
- Distinguish monthly support-contract invoices from installation projects.
- Trace combined and partial receipts to the appropriate customer invoices.
- Investigate incorrect entries and complete the inherited accounts' reconciliations.
- Check your completed books against the included Practice Review.
Each monthly release features a different simulated business. Check the client name and release month before purchasing.
The Materials You’ll Receive.
Every Practice Client includes these core materials. Specific contents reflect the client, industry, and practice level.
Client Brief
Business context, engagement facts, and starting information
Import-Ready Materials
Bookkeeping materials for bringing the client into QBO
Supporting Records
Bank and credit-card statements and source documents
Practice Review
A reference outcome to compare with your completed books
From Purchase to Practice.
Download your files
After purchase you receive your Practice Client files as a download. Files must be downloaded within 30 days of purchase. Keep your own copies and work them at your own pace.
Follow the package setup guidance
Open your QuickBooks practice company and follow the setup and import guidance included with your package to bring the books in and begin working.