Alder Street Paper Shop
A former art teacher has turned a love of stationery into Alder Street Paper Shop. Now the shop's first 90 days need books that make sense of what happens at the counter and what gets billed later.
Counter sales and invoices tell different parts of the shop's story. Your assignment is to establish the starting position, work through both kinds of sales and investigate the poorly documented refund. Use the supplied records to decide what the books can support, then reconcile the quarter and check the result. The aim is a set of books you can explain, including the detail that needed another look.
Your first assignment
- Establish opening stock and the shop's starting position.
- Distinguish counter sales from custom-printing invoices billed later.
- Investigate the poorly documented refund and reconcile the quarter using the supplied records.
- 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.