Task Description The case study will be a group assignment and will have two parts:Part 1 – recording and reporting financial information for a small Tasmanian company using Xero and Excel...

Task Description The case study will be a group assignment and will have two parts:Part 1 – recording and reporting financial information for a small Tasmanian company using Xero and Excel software.Part 2 – writing a written report for the management of the same small Tasmanian company.More details will be provided on MyLO. Criterion Criterion Description NumberMeasures ILO: 1 Identify and record accounting transactions. LO1 2 Report financial information in the form of financial LO13 Apply Excel and Xero skills to record accounting LO1 transactions and report financial information. 4 Use financial accounting information to make informed LO2 decisions on inventory. 5 Use financial accounting information to make informed LO2 decisions on accounts receivable. 6 Communicate in written form using professional language LO4 and standards common to business professionals. 7 Produce a professional client report. LO4 8 Produce teamwork documentation to demonstrate LO4 collaborative work. Task Length Written report – maximum 800 words Due by date Due Sunday 19 September 10pm (Week 9)