MYOB AccountRight Essential Training

Learn How to Use MYOB AccountRight Software To Effectively Manage Your Daily Business Operations
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$100
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  • Lectures 49
  • Contents Video: 2.5 hours
  • Skill Level All Levels
  • Languages English
  • Includes Lifetime access
    30 day money back guarantee!
    Available on iOS and Android
    Certificate of Completion
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About This Course

Published 3/2015 English

Course 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.

What are the requirements?

  • MYOB AccountRight Software

What am I going to get from this course?

  • 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)

What is the target audience?

  • Accounting Students & Small Business Owners

What you get with this course?

Not for you? No problem.
30 day money back guarantee.

Forever yours.
Lifetime access.

Learn on the go.
Desktop, iOS and Android.

Get rewarded.
Certificate of completion.

Curriculum

Section 1: Where to Download and How to Install MYOB AccountRight Softwares
How to Download and Install MYOB AccountRight Trial Versions for Free
Preview
03:32
Section 2: Setting Up Company File and Chart of Accounts
Creating Your Company File
Preview
04:50
Customizing MYOB Preferences
Preview
04:08
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
Section 3: Working with Company General Ledger and Banking Tasks
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
Section 4: Working with Customers and Suppliers
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
Section 5: Working with Items and Inventory
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
Section 6: End of Year Adjustments & Financial Year Rollover
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

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Instructor Biography

Kevin Bao, 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.

Instructor Biography

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.

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