I need help with a Accounting question. All explanations and answers will be used to help me learn.

For this Portfolio Project option, you must use a QuickBooks sample company and develop a report based on your review. Choose a sample QuickBooks company through QuickBooks and create the tasks following the outline. Include screenshots and descriptions as needed. Ensure that your analyses differ from those provided in Lynda.com or other online sites (conduct your own unique analyses).

Section I: Overview

Provide a general overview of QuickBooks. Make sure the overview provides the reader with a general understanding of the application, including costs, functionality, and minimum system requirements. How does it track the primary information flows within a business?

Section II: Transactional Processing and Data Management

Describe how QuickBooks handles processing the accounting transactions and recording business activities for the revenue, expenditure and financing cycles. You should provide at least one detailed example of how one would record a specific accounting transaction/ business activity for each of the three transaction cycles.

  1. Revenue Cycle Expenditure Cycle Financing Cycle

Section III: Internal Controls

Section IV: Charts and Graphs

Section V: Conclusion and Recommendation

Give your overall impression and recommendation for QuickBooks’ use in accounting.