This project aims to provide learners with hands-on experience in maintaining a bookkeeping file using QuickBooks Online (QBO). Eliance Financial LLC seeks to ensure accurate and up-to-date financial records by having students perform essential weekly and monthly maintenance tasks. The project will focus on applying classroom knowledge of accounting principles and software skills to real-world scenarios. Students will be responsible for, clearing the bank feed, categorizing transactions, reconciling bank statements, reviewing for completion and accuracy, setting up client inquiries, and generating financial reports. By completing this project, learners will gain practical skills in bookkeeping and financial management, preparing them for future roles in the finance industry.

The deliverables for this project include a fully reconciled bookkeeping file in QBO, a categorized list of transactions for the month, and a set of financial reports, including a balance sheet and income statement. Students will also provide a brief summary report outlining the maintenance process and any challenges encountered. These deliverables will demonstrate the students' ability to apply accounting principles and software skills effectively.