Smithville

Table of Contents

Chapter 1

Introducing the Short Version of the City of Smithville Case

Welcome………………………………………………………. 4

System Requirements 4

Licensing 4

Running or Removing City of Smithville Software

Running the City of Smithville software 5

Removing the City of Smithville software 5

General Operating Instructions

Opening the City of Smithville 5

Creating a new project 6

Opening an existing project 6

Saving the current project 6

City of Smithville Main Window

Adding and posting journal entries 8

Editing/deleting/unposting journal entries 8

Working with the ledgers screen 9

Working with the detail journal screen 10

Printing Reports 12

Exporting Trial Balances 12

Completing Chapters 2 through 6 and 9 of the

City of Smithville Short Version 13

Chapter 2 Opening the Books 14

Chapter 3 Recording the Annual Budget 19

Chapter 4 Recording Operating Transactions Affecting

the General Fund and Governmental Activities at the

Government-wide Level 21

Chapter 5 Recording Capital Asset Transactions 27

Chapter 6 Recording General Long-term Liabilities and

Debt Service Transactions 31

Chapter 9 Adjusting and Closing Entries for

Governmental Activities, Government-wide Level;

Preparation of Government-wide and Major Fund

Financial Statements 34

Appendix A 36

CHAPTER 1

INTRODUCING THE SHORT VERSION OF THE CITY OF SMITHVILLE CUMULATIVE PROBLEM

Welcome

Thank you for purchasing the City of Smithville/City of Bingham Governmental Accounting Software. This software is designed to be used with the McGraw-Hill/Irwin textbook Accounting for Governmental and Nonprofit Entities, 16th edition.

System Requirements

To use the City of Smithville accounting software application, you must have the following:

• Operating System:

• Microsoft® Windows 2000 or later

• Mac OS X v10.4 or 10.5...