QuickBooks Online

Graded Assignment (Practical)

Green Tree Landscapes

Chapter 1 Exercises

• Set up your new QuickBooks subscription. Follow the instructions provided in your QuickBooks Online Education email. Ask your instructor for assistance if you're not able to set up your QuickBooks Online account.
• Set up a new company called Green Tree Landscapes (Your Name). The company address information is the following: 5100 Spectrum Way, Mississauga, ON (L4W 5S2)
• Alice really likes the new company logo she created and has asked that you add it to QuickBooks forms. Add the company logo to QuickBooks Online. NOTE: The logo is in the assignment folder on Moodle.
• Jane has registered the business and has provided you with the Business Number. Enter the following business number in QuickBooks: 111111119 RT001
• Jane, the accountant, has asked you to enable several settings to secure QuickBooks from errors you can potentially make.
• Jane has determined that you'll use the calendar year as your fiscal year. Enter this in QuickBooks.
• There will be no closing process during the course of the next two months, so turn the "Close the books" off.
• From their previous business contacts, Jon and Alice have a list of customers they'd like to enter into QuickBooks. Jon has provided you with a list of customers in Excel. Import the customer list that is on Moodle (in the same post of the assignment) into QuickBooks.
• Alice entered all Green Tree Landscapes services in MS Excel. Import the list of Products and Services.
• Alice and Jon need to be set up as QuickBooks users. Jane has asked you to set up Alice as an Administrator user in QuickBooks. Jane asked that you set up Jon as a user with limited access rights to customers and accounts receivable transactions.
• Alice - alice@mailinator.com
• Jon - jon@mailinator.com
• Jane has asked you to add her as the accountant. For this exercise, you'll invite your instructor as the accountant.
• Green Tree Landscapes has decided to start tracking sales tax immediately—set up sales tax for the company.

You're now ready to get down to work and start using QuickBooks Online. Before you get started, you have to get used to where everything is and how to get around the software. You'll need to get some practice to feel comfortable.

Chapter 2 Exercises

 

• Log into QuickBooks. Bookmark the login page to make it easy to log in for future use of QuickBooks.

 

• Click the Home Page and note the following sections:

 

• Dashboard including Income, Expenses, Profit and Loss, and Sales.

 

• Bank Accounts.

 

• Jane, the accountant, has asked you to keep the homepage information private from everyone. Make the dashboard information private.

 

• Review the Left-Hand Navigation bar:

 

• Review the Sales center.

 

• Click Accounting and review the Chart of Accounts.

 

• Open the Customer Contact List. Print the list.

 

• Review your sales tax rate in the Sales Tax Centre.

 

• Open the Invoice window. No need to enter an invoice.

 

• Open the Bill window. No need to enter a bill.

 

• Open the Chart of Accounts and find the Office Expenses account.

 

• Open the Gear Icon menu and review the Account and Settings.

 

• Open the Invoice window and review the fields on the form. This will prepare you for the next chapter.

 

Now that you've set up Green Tree Landscapes and have a basic understanding of how to get around QuickBooks Online, you're ready to take your knowledge to the next level.

  

Chapter 3 Exercises

 

Alice and Jon have started delivering their services and are making sales. They started by adding customers and collecting money after delivering their services. They've started cutting lawns and other lawn care services. They've been in business for almost a month, so you've got some work to do.

 

• Create the following new customers:

 

• Kevin Johnson – 400 Willowview Lane, Toronto, ON (M3H 4J1) Phone: 705-835-9701

 

• Yang & Associates Law – 3185 Acton Avenue, Toronto, ON (M3H 4J1) Phone: 416-545-9810

 

• Janis McBriderton – 4710 Merton Street, Toronto, ON (M1L 3K7) Phone: 416-545-9811

 

• Bryce Trout – 289 Speers Road, Oakville, ON (L6J 3X4) Phone: 416-627-0116

 

• Huron Park Community Association – 1891 Eglinton Avenue, Toronto, ON (M4P 1A6) Phone: 416-627-0119

 

• Green Tree Landscapes has chosen to start with several simple services. Create the following services:

 

• Weekly Lawn Maintenance. Jon wants the invoice to read Weekly Lawn Maintenance, including cut, trim, edge, and debris removal. The price will be $35.00 per week. Jane, the accountant, wants to track the sales of this service to the Sales account. The service is taxable.

 

• Spring Cleaning. Alice wants the sales form to read Spring Cleaning, including power raking, cut, trim, edge, hedge trimming, aeration, and fertilizer. The price is $295.00. Track the sales of this service to the Sales account. The service is taxable.

 

• Fertilizer. Alice wants the sales form to read 1 Fertilizer Application. The price is $74.95 Track. Track the sales of this service to the Sales account. The service is taxable.

 

• Hedge Trimming. The description of this service should read Hedge Trimming. The price is not a fixed fee and will be determined by the size of the job that needs to be done. Track the sales of this service to the Sales account. The service is taxable.

 

• Core Aeration. The description of this service should read Core Aeration of the Front and Backyard. The price is a fixed fee of $150.00. Track the sales of this service to the Sales account. The service is taxable.

 

• A customer has asked Green Tree Landscapes to do a small landscape renovation. A customer has asked for bark chips to be added to some flower beds on their property. They've also asked for some concrete to be replaced in the backyard. Create the following items to track these new items as a Non-Inventory:

 

• Cedar Bark Chips. The description of this service should read Bark Chips. The price is not a fixed fee and will be determined by the size of the job that needs to be done. Track the sales of this service to the Sales account. The service is taxable.

 

• Concrete. The description of this service should read Concrete Installation. The price is not a fixed fee and will be determined by the size of the job that needs to be done. Track the sales of this service to the Sales account. The service is taxable.

 

Now that you have set up the basics for customers and your products and services list, you're ready to record the first few sales for Green Tree Landscapes.

 

• You've started weekly lawn maintenance for three customers. They paid you at the time of the service. Record the sales for the following three customers on the 10th of last month:

 

• Bryce Trout—Green Tree performed maintenance at the Trout property 4 times.

 

• Yang & Associates Law—performed services at this customer's location 3 times.

 

•   
  Kevin Johnson – performed maintenance at the Johnson property 4 times.  
  • You need to make your first bank deposit. Create the Bank Account "Credit Union Chequing." Make a bank deposit for all the received payments. Make the deposit on the 15th of last month.
   
  • Several customers have asked you to invoice them for the work that you've completed at their homes. Create invoices for the following customers:
   
  • Huron Park Community Association—Green Tree Landscapes provided a landscape renovation for this customer (create a new service). The price of their landscape renovation was $10,000.00 + tax. Edit the description to read, Landscape renovation including removal of old flower beds and installation of bark chips. Record the sale on the 5th of last month.
   
  • Janis McBriderton—Weekly Lawn Maintenance. Janis was a difficult customer, so you charged her twice the regular price for weekly maintenance. The services are taxable. Janis wants you to email her invoice to her. Record the sale on the 9th of last month.
   
  • New Customer – Janis' neighbor loves the work that Green Tree Landscapes is doing. Set up the customer on the invoice as you go.
   
  • Robert Hitchcock – 4714 Merton Street Toronto, ON M1L 3K7 Phone: 267-555-9811
   
  • Green Tree performed Spring Cleaning at its location. Record the sales on the 11th of last month. The cost is $985.00 + tax.
   
  • Green Tree performed the following services and negotiated to receive in 30 days.:
   
  • Elizabeth Barker—Hedge Trimming. Price: $175.00 + tax. Date: 8th of last month.
   
  • Parsons Community Centre (74 Firvalley Ct, Scarborough, ON M1L 1N9) — Core Aeration. Price $300.00 + tax. Date: 7th of last month.
   
  • Main Street Shopping Centre (2 Fisherman Dr, Brampton, ON L7A 1B5) — Weekly Lawn Maintenance. Green Tree Landscapes provided weekly lawn maintenance 4 times this month. You charged the regular price for each weekly visit. Date: 12th of last month.
   
  • You've received several cheques from customers for payment against their invoices. Receive the following cheques from customers and hold them in the undeposited fund's account. Enter the date as the 20th of last month.
   
  • Customer payment from Huron Park Community Association. Paid in full.
   
  • Customer payment from Janis McBriderton. Paid in full.
   
  • Customer payment from Parsons Community Centre. Paid in full.
   
  • Deposit these three payments on the 21st of last month.
   
  • You received three additional cheques on the 25th of last month. Receive the following payments:
   
  • Main Street Shopping Centre. Paid in full
   
  • Elizabeth Barker. Paid in full
   
  • Robert Hitchcock—this customer paid half of the outstanding invoice.
   
  • Deposit these three payments on the 26th of last month.
   

  Jon and Alice have asked for a sales report for last month. Create a Sales by Customer Detail report. They also want to know how much money is still outstanding from customers. Create the Open Invoices report for Jon and Alice.

    

  Chapter 4 Exercises

   
  • To start the business, Green Tree Landscapes incurred several costs. They met with lawyers, accountants, and other professionals to get started. They also set up an office to get started. To get started, you must set up several suppliers:
   
  • Jane Wong – Wong & Co – 1625 Barton Street Hamilton, ON L8L 7T4 647-555-9811
   
  • Legal Ease – 2054 Fallon Drive Watford, ON N0M 2S0 647-555-0032
   
  • Bain Business Services – 2054 Fallon Drive Watford, ON N0M 2S0 647-555-1200
   
  • TCU – 72 Eglinton Avenue Toronto, ON M4P 1A6
   
  • Import the Supplier List.
   
  • You received several bills to cover the startup costs. NOTE: Assume all your expenses (unless otherwise stated) will be taxable. Enter the following bills on the 15th of last month:
   
  • Legal Ease sent you a bill for legal fees. The cost was $875.00 + tax.
   
  • Jane Wong sent you a bill for accounting fees. The cost was $425.00 + tax.
   
  • Bain Business Services helped you set up the business. They offer consulting services. Their fees were $630.00 + tax.
   
  • You asked for bookkeeping consulting from Jennie Moore at Moore Details Bookkeeping. She was very generous with her time and sent you a $100.00 + tax bill. Track the expense to professional fees.
   
  • Alice and Jon signed up for mobile phone service. They received a bill from Talk Mobility for $139.00 + tax.
   
  •   
    Alice and Jon both set up debit cards for the business. After they received their cards, they each recorded several expenses, record the following debit card transactions:  
    • Alice bought office supplies at Staples for $85.89. Track office supply purchases to Office Expenses. Date: 22nd of last month.
     
    • Jon purchased lawn maintenance supplies at Johnson Supply. The cost of the supplies was $403.50. Track supplies to the Supplies account. Date: 15th of last month.
     
    • Alice purchased $100.00 of fuel at Fuel Stop. NOTE: Set up a new account if necessary to track fuel. Date: 10th of last month.
     
    • Alice decided to rent a truck from Budget Car Rental (6385 Mississauga Rd, Mississauga, ON L5N 1A5) on the 1^st of last month for the first 3 months of the business. She paid for the 3 months of rental using her debit card. The cost was $500.00. You're not sure how to track the expense. Track it to an account to make it easy for Jane, the accountant, to review (Prepaid Rent).
     
    • Jon purchased a business license for $45.00 from the City of Mississauga on the last day of the previous month. Enter the debit card transaction. Choose the correct account to track the expense. Do not add the tax to this transaction.
     
    • Jon decided to run a couple of advertisements using Google AdWords on the 15th of last month. Add the appropriate supplier name and record the $345.00 expense.
     
    • Alice liked the idea of advertising, so she ran some Facebook ads for $670.00 on the 17th of last month. Add the appropriate supplier name and record the expense.
     
    •   
      Jon decided to print some business cards for the company on the 25th of last month. He spent $80.00 on business card printing. He purchased the cards from Staples. Use the Stationery and Printing account to track the expense.   
      • Green Tree wrote a handwritten cheque to purchase a vehicle insurance policy from Insurance Experts. The policy cost $800.00 (no tax was added to this purchase). Cheque #100. Date: 25th of last month.
       
      • Jon and Alice have decided to pay some bills. Pay the following bills in full using handwritten cheques. Write the cheques on the last day of the previous month. The first cheque number was Cheque #101.
       
      • Bain Business Services
       
      • Legal Ease
       
      • Moore Details Bookkeeping
       
      • Jon and Alice would like to see how much they owe their suppliers. Create and print the A/P Aging Report.
        

      Chapter 5 Exercises

       
      • After the first month of Green Tree Landscapes, the business is growing rapidly. Jon and Alice want to make sure that they keep QuickBooks organized. After meeting with Jane, the accountant, they ask you to make some changes to the Chart of Accounts in QuickBooks.
       
      • Jane asks you to remove the "Tax Rate" column.
       
      • Jane wants you to clean up the chart of accounts. Make the following accounts inactive:
       
      • Refunds-Allowances
       
      • Promotional
       
      • Other General and Administrative expenses
       
      • Other Portfolio Income
       
      • Other ordinary Income
       
      • Shipping and Delivery Income
       
      • Jane asks you to make the Liability and Disability insurance accounts sub-accounts of Insurance.
       
      • Jane has discovered a couple of duplicate accounts. Merge the Purchases – COS account into the Other Costs – COS. Keep the Other Costs account.
       
      • Alice went to the Ford dealership at 3285 Mavis Rd (Mississauga, ON L5C 1T7) and purchased a new truck for the business. The truck cost $28,750.00 + tax. Green Tree Landscapes made a down payment of $2,875.00 + all taxes involved in the transaction. They're financing the rest of the cost. They've received a loan for the remaining amount from Ford (Tip: set up Ford as a supplier). Set up the accounts to track the original cost and depreciation of the new asset. Write a cheque to pay for the asset (Tip: record the loan on the cheque). Use the next cheque # in order. Make the entry on the 24th of last month.
       
      • Alice purchased 2 lawnmowers for $995.00 each + tax from John Deere (295 Hunter Rd, Grimsby, ON L3M 4H5). Set up the appropriate accounts account to track the lawnmower's cost and depreciation. Make the entry on the 28th of last month. Alice used her debit cards to pay for the lawnmowers.
       
      • Jane has asked you to start using Account Numbers. Turn on account numbers.  
           

        Chapter 6 Exercises

         

        The business is growing fast, and Jane wants you to update QuickBooks daily. Jane asks you to set up QuickBooks for Online banking.

         

        The first full couple of weeks of business has been busy. Green Tree Landscapes has made several sales. Now it's time to record expenses in QuickBooks. Before recording expenses, Alice and Jon each deposited some money into the bank to invest in the company when the business started, but they forgot to tell you. Jon set up a chequing account at the local their local credit union called TCU.

         

        Setup and record the following:

         
        • Set up a chequing account called TCU Chequing.
         
        • Make two deposits to the company in the created bank account:
         
        • Jon recorded a shareholder investment of $5,000.00 to the company on the first day of last month
         
        •   
          Alice recorded a shareholder investment of $5,000.00 in the company on the first day of the previous month.  
          • Transfer $5,000.00 from the amount invested to the Credit Union Chequing account on the same day of the investment.
           
          • Create a new credit card account called Mastercard.
           
          • Upload the online banking statement (Credit Union Chequing) to create a connected account in QuickBooks (the file is in the assignment folder on Moodle)
           
          • Jane has asked you to categorize all the transactions in the bank feed. Categorize each transaction in QuickBooks, including all expenses and Income.
           
          • Reconcile the newly connected account.
           
          • Create a bank rule with the following conditions:
           
          • Money going out in all accounts
           
          • Description contains Office Supplies Depot
           
          • The amount is less than $50.00
           
          • Transaction Type Expense
           
          • Category: Office Expense
           
          • Tax Code: H (HST ON 13%)
            

          Midpoint Check Figures

           
          • Trial Balance: $48,567.32
           
          • Profit & Loss (Income Statement): $7,356.61
           
          • Balance Sheet: $40,873.93
           
          • Accounts Receivable Aging Summary: $556.52
           
          • Accounts Payable Aging Summary: $637.32
            

          Chapter 7 Exercises

           

          The business continues to grow, and sales are increasing rapidly. Green Tree Landscapes is adding new customers every day. Jon and Alice have started to offer additional landscaping services to meet customer demand. Jane has asked Jon and Alice to create estimates for each new job and ensure that each estimate is accepted before proceeding with any new jobs.

           

          Jane has asked you to change the Company Settings to set up and use additional QuickBooks features.

           
          • Jane knows that discounts are a part of the business. She asks you to ensure that when you add discounts to the invoice, they are tracked to the Sales account. Make the change in QuickBooks.
           
          • Alice and Jon want to be able to edit customer Invoice numbers. Make the change in the Company Settings.
           
          • Jane does not want you to automatically apply for credits against the oldest customer invoices. She wants you to be able to apply the credits to specific invoices. Make the change in Quickbooks.
           
          • Create invoices for the following customers:
           
          • Elizabeth Barker
           
          • White Wedding Chapel
           
          • Sheraton Cavalier Markham
           

          Using the following information:

           
          • Date: Last day of last month.
           
          • Service: Weekly Lawn Maintenance (taxable)
           
          •   
            Qty: 4  
            • Create sales receipts for the following customers. All customers paid with a cheque.
             
            • Kelly Buss
             
            • Charlene Karlson
             
            • Daniel Jackson
             
            • Sherwood Park Commons
             
            • Hewitt & Packer Office Complex
             
            • Main Street Shopping Plaza
             
            • Dennis Bergen
             

            Using the following information:

             
            • Date: First day of this month.
             
            • Service: Weekly Lawn Maintenance (taxable)
             
            • Qty: 4
             
            • Deposit to: Deposit to Undeposited Funds
             
            • Elizabeth Barker emailed Jon and complained about the weekly service she's been receiving. She's not happy. Jon decided to credit her account for two weekly maintenance visits.
             
            • Issue a credit memo and apply the credit memo against her account. Enter the date as the 3rd of this month.
             
            • Receive payment from Elizabeth for the difference and deposit it to undeposited funds on the same day of the credit.
             
            • Deposit all payments to the Chequing on the 4th of the month in the Credit Union Chequing account.
             
            • After making the deposit, you get a phone call from Dennis Bergen. He requested a $50.00 refund because Alice broke a sprinkler head that needs to be replaced. Issue the refund for $50.00 plus tax via direct debit.
             
            • Receive payments from the following customers on the 10th of this month (both customers paid with Visa (to Credit Union Chequing account):
             
            • White Wedding Chapel
             
            • Sheraton Cavalier Markham
             
            • Jon wants you to create Statements for customers. Create a transaction statement for all your customers.
             

            Creating invoices and sales receipts is becoming challenging. Services are being missed, and as a result, sales are being missed. Jane suggests using the Delayed Charge transaction.

             
            • You decide to test the delayed charge before using it for all customers. Create delayed charges for the following customer:
             
            • Customer: The Medieval Centre
             
            • Dates: 2nd, 9th, 16th, 23rd, 30th of last month.
             
            • Service: Weekly Lawn Maintenance
             
            • Taxable
             
            • Create an invoice for the Medieval Centre using the Delayed Charges on the last day of the month.
             
            • A new customer has asked for a quote.
             
            • Create the new customer
             
            • Contact: Russell Martinson. Company name: Blue Jay Properties – 500 Yonge St. Toronto, ON M4P 1A6
             
            • Create an estimate for the first day of the month for the following items:
             
            • Hedge Trimming—$780.00
             
            • Spring Cleaning—$4,500.00
             
            • Fertilizer—$2,897.00
             
            • Core Aeration—$1,200.00
             
            • Russell Martinson has approved the estimate. Mark it as Accepted.
             
            • Copy the estimate to a new invoice date for the last day of this month.
              

            Chapter 8 Exercises

             

            Green Tree Landscapes recently got two Visa credit cards for Jon and Alice.

             
            • Create a Visa credit card account for both Jon and Alice.
             
            • Record the following credit card transactions for Jon:
             
            • Office Supplies at Office Supplies Depot on the first of the month for $24.00 + tax
             
            • Fuel at Fuel Stop on the 5th of this month for $68.00 + tax.
             
            • Supplies at Home Depot (3065 Mavis Rd, Mississauga, ON L5C 1T7) on the 10th of this month for $348.00 + tax. NOTE: use the Supplies Expense account.
             
            • Disposal Fees from Waste Unlimited on the 15th of this month for $97.00 + tax.
             
            • Meals and Entertainment from Sandwich Lunch Co. on the 17th of this month for
             

            $23.88 + tax.

             
            • Jon returned Supplies to Home Depot for $27.00 + tax. Record the credit card credit. NOTE: use the same account for the purchase.
             
            • Enter a bill from Insurance Experts for liability insurance. The amount is $1,200.00. This is not a taxable expense. Enter the transaction on the 20th of this month.
             
            • Karen from Insurance Experts realized the quote was overstated, so she issued a credit for $200.00. Apply for the credit against the bill and pay (using a direct deposit in the Credit Union) the bill to Insurance Experts on the 21st of this month.
             
            • Green Tree Landscapes has rented some space to set up a landscaped yard as they are growing quickly. They will pay rent of $2,000.00 a month + tax to their new landlord, Brookstone Rentals. Add the new supplier and enter the expense for rent on the 28th of this month on the TCU Chequing account.
             
            • To automate this transaction, make this a recurring entry in QuickBooks on the first day of every month from the TCU Chequing account. The lease is indefinite, so that the transaction will have no end date.
              

            Chapter 9 Exercises – No entry

              

            Chapter 10 Exercises

             
            • Enable inventory tracking in case it is not done yet.
             
            • Create the following products on the 1st of the current month using the following setup:
             
            • Sales Account: Sales
             
            • Inventory Account: Inventory Asset
             
            • Expense Account: Cost of Goods Sold
             
            • Tax: Taxable
             
            • Initial Quantity on Hand: 0
             
            • Name: Turf Edger
             
            • Sales Description: Turf Edger
             
            • Sales Price: $99.95
             
            • Purchase Price: 38.87
             
            • Reorder Point: 5
             
            • Name: Gas Hedge Trimmer
             
            • Sales Description: Gas Hedge Trimmer
             
            • Sales Price: $149.99
             
            • Purchase Price: $86.88
             
            • Reorder Point: 5
             
            • Name: Hand Garden Trowel
             
            • Sales Description: Hand Garden Trowel
             
            • Sales Price: $19.95
             
            • Purchase Price: $7.67
             
            • Reorder Point: 5
             
            • Name: Pruner Lopper
             
            • Sales Description: Pruner Lopper
             
            • Sales Price: $78.50
             
            • Purchase Price: $40.09
             
            • Reorder Point: 5
             
            • Name: Evergreen Fertilizer
             
            • Sales Description: 30 KG Evergreen Fertilizer
             
            • Sales Price: $39.95
             
            • Purchase Price: $11.48
             
            • Reorder Point: 5
             
            • Create a Purchase order for Johnson Supplies for the 1st of the month. Order the following supplies (You may have to enable Purchase Orders before this task):
             
            • Turf Edger: 10
             
            • Evergreen Fertilizer: 30 Bags
             
            • Create a Purchase Order for a new supplier (Hanson Garden Supplies – 723 Speers Road, Oakville, ON L6L 2X5). Order the following items:
             
            • 15 Pruner Lopper
             
            • 20 Hand Garden Trowel
             
            • 10 Gas Hedge Trimmer
             
            • Jon wants to see what's on purchase orders as of today. Create and print the Open Purchase Order report.
             
            • Receive against the PO for Johnson Supplies. Receive it in full on the 10th of this month. Use the bill form to receive the purchase order.
             
            • Receive against the PO for Hanson Garden Supplies. You received all the Pruner Loppers and Hand Garden Trowels. You only received 7 Gas Hedge Trimmers on the 10^th of this month.
             
            • Pay the bills using the Credit Union Chequing Account for Johnson Supplies and Hanson Garden Supplies in full on the last day of this month.
             
            • Alice notices customers are buying several garden tools at one time. She has the idea to bundle several tools together as a Garden Tool Starter Kit. Create the Garden Tool Starter Kit with the following items and quantities:
             
            • 1 Hand Garden Trowel
             
            • 1 Pruner Lopper
             
            • 1 Turf Edger
             
            • Create an invoice for Kelly Buss on the 25th of this month. Sell the Garden Tool Starter Kit.
             
            • Receive the payment from Kelly Buss on the 30th of this month and deposit the amount directly to the TCU chequing account. She paid with cheque #1481.
             
            • There was a heavy rainstorm at the Green Tree Landscape yard, and the roof of the inventory shed was leaking. As a result, 3 Gas Hedge Trimmers were damaged. They cannot be sold and will need to be disposed of. Jane has asked you to write off the inventory as of the last day of this month. Make the inventory adjustment to account for the damaged goods. Jane asked you to use an Inventory Write-Off expense account (Tip: Inventory Write-Off account: Account Type: Cost of Goods Sold and Detail Type: Supplies and Materials – COS)
             
            • Alice and Jon want to know the value of the inventory. Create and print the Inventory Valuation Detail report for them.
             
            • Alice wants to count the inventory each month. She'd like a list of inventory parts as of today. Print the appropriate report for her.