MYOB AccountRight Essential Training
4.5 (21 ratings)
Instead of using a simple lifetime average, Udemy calculates a course's star rating by considering a number of different factors such as the number of ratings, the age of ratings, and the likelihood of fraudulent ratings.
148 students enrolled
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MYOB AccountRight Essential Training

Learn How to Use MYOB AccountRight Software To Effectively Manage Your Daily Business Operations
4.5 (21 ratings)
Instead of using a simple lifetime average, Udemy calculates a course's star rating by considering a number of different factors such as the number of ratings, the age of ratings, and the likelihood of fraudulent ratings.
148 students enrolled
Last updated 3/2015
English
Current price: $10 Original price: $150 Discount: 93% off
1 day left at this price!
30-Day Money-Back Guarantee
Includes:
  • 2.5 hours on-demand video
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
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What Will I Learn?
Installing MYOB AccountRight Software Free Trial
Creating Your Company Files
Customizing MYOB Preferences
Setting Up Chart of Accounts and Card Lists
Recording New Customers & Suppliers
Processing Purchases and Sales Invoices (Cash & Credit) & Credit Adjustments
Working with Various Banking Tasks & Loans
Processing Stocktake & Inventory Adjustments
Recording Recurring Transactions
Adjusting Prepayments and Depreciation & Amortisations
Processing Contra Entry & Drawings
Processing Bank Reconciliation
Generating Financial Year Reports
Lodging Business Activity Statement (GST Return)
View Curriculum
Requirements
  • MYOB AccountRight Software
Description

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This MYOB training course consists of a series of training videos, case studies and practices. It focuses on the fundamental skills required for you to build your own company files and cope with daily bookkeeping affairs. This course is suitable for all learners, especially for students with some basic accounting knowledge and small business owners.

You will start with setting up your company file, and then learn how to manage your daily operations by setting up accounts related to service, inventories, customers and suppliers. You will understand how to create invoices and manage purchases, sales and funds transfers. This course will show you how to create purchase orders and pay bills as well as record sales and payments received. Also, you can track your own inventory and manage all your banking tasks. Additional working materials are provided which allow you to follow along with this course throughout the lessons. Besides the basic use of the accounting software, more advanced contents such as prepayments, depreciation, bad debts, contra entry adjustments and GST return will also be covered in this course. At the end of each section, you will learn how to generate various reports related to your business.

By the time you have completed this online MYOB course, you will have a clear understanding of how to set up and maintain your company's finances on a day to day basis, as well as access to the financial information you need to help you succeed in your business.

Who is the target audience?
  • Accounting Students & Small Business Owners
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Curriculum For This Course
Expand All 49 Lectures Collapse All 49 Lectures 02:28:18
+
Where to Download and How to Install MYOB AccountRight Softwares
1 Lecture 03:32
+
Setting Up Company File and Chart of Accounts
7 Lectures 27:52


Editing Business and Bank Details
02:33

Linked Accounts Setup
03:34

Editing and Deleting Accounts & Tax Codes
08:40

Generating an Accounts List Summary Report
00:58

Adding Header Accounts in the Accounts Lists
03:09
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Working with Company General Ledger and Banking Tasks
10 Lectures 29:52
Adjusting Opening Balance for the Company
02:26

"Banking - Spend Money" Function
04:01

"Banking - Receive Money" Function
02:17

Recording Credit Transactions in General Journal
03:03

Funds Transfer
06:53

Fixing Errors
01:25

Recurring Transactions
04:27

Prepayments
02:06

Depreciation & Amortisation
01:24

Generate Reports
01:50
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Working with Customers and Suppliers
16 Lectures 53:06
Custom Lists
01:32

New Employees & Customers Setup
04:08

New Suppliers Setup
03:43

Recording and Emailing Sales Invoices & Credit Adjustments
06:22

Recording Credit Purchases & Supplier's Adjustments Note
05:50

Contra Entry
04:13

Editing Card Details
01:31

Processing Prompt Payment Discount & Discount Linkage Setup
02:06

Receiving Customer Payments
04:13

Printing Bank Deposit Slips Reports & Customer Statements
03:18

Processing Supplier Payments (Pay Bills) & Electronic Payments
05:33

Recording Cash Payments & Petty Cash Re-Imbursement
02:15

Bad Debts Expense & Allowance for Doubtful Debts
02:58

Depreciation & Amortisation Adjustment
01:05

Bank Reconciliation
02:39

Reports
01:40
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Working with Items and Inventory
7 Lectures 13:06
Inventory Items Setup
02:05

Recording Purchase Orders
01:42

Recording Delivery of Stock (Suppliers' Invoices) & Reporting using Wildcards
01:28

Processing Sales Invoices for Stock
01:04

Cash Sales
03:16

Drawings
02:25

Deleting an Inventory Item & Reports
01:06
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End of Year Adjustments & Financial Year Rollover
8 Lectures 20:50
Recording Credit Card Transactions & Remaining Transactions
03:12

GST Return
03:17

Business Activity Statement (BAS Link)
02:35

End of Year Adjustments
03:01

Stocktake (Count Inventory) & Inventory Adjustments
01:48

Adjusting Cost of Goods & Credit Card Account Reconciliation
02:39

Dishonoured Cheque & Bank Reconciliation
01:31

Reports & Financial Year Rollover
02:47
About the Instructor
Kevin Bao
4.5 Average rating
21 Reviews
148 Students
1 Course
Accountant

Kevin Bao has been involved in accounting industry since 2010.

Kevin graduated from University of Melbourne, Australia with a degree in Accounting and Finance. Since then, he has worked in all manner of accounting and finance roles, starting in bookkeeper roles, working upwards and moving into financial management. He has several years of experience working with SMEs, which made him an expert in a number of accounting softwares.

Unlike most accountants in practice, he is also a co-founder of a multi-os software company, a semi-professional gamer, and a member of a music band.

Leonard Guan
4.5 Average rating
21 Reviews
148 Students
1 Course

Leonard graduated from the University of Melbourne with a master degree in Management Accounting. Since then, he has worked in all manner of accounting and finance roles. He started in accounting clerk roles and moved into financial management and budgeting.