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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.
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|Section 1: Where to Download and How to Install MYOB AccountRight Softwares|
How to Download and Install MYOB AccountRight Trial Versions for FreePreview
|Section 2: Setting Up Company File and Chart of Accounts|
Creating Your Company FilePreview
Customizing MYOB PreferencesPreview
Editing Business and Bank Details
Linked Accounts Setup
Editing and Deleting Accounts & Tax Codes
Generating an Accounts List Summary Report
Adding Header Accounts in the Accounts Lists
|Section 3: Working with Company General Ledger and Banking Tasks|
Adjusting Opening Balance for the Company
"Banking - Spend Money" Function
"Banking - Receive Money" Function
Recording Credit Transactions in General Journal
Depreciation & Amortisation
|Section 4: Working with Customers and Suppliers|
New Employees & Customers Setup
New Suppliers Setup
Recording and Emailing Sales Invoices & Credit Adjustments
Recording Credit Purchases & Supplier's Adjustments Note
Editing Card Details
Processing Prompt Payment Discount & Discount Linkage Setup
Receiving Customer Payments
Printing Bank Deposit Slips Reports & Customer Statements
Processing Supplier Payments (Pay Bills) & Electronic Payments
Recording Cash Payments & Petty Cash Re-Imbursement
Bad Debts Expense & Allowance for Doubtful Debts
Depreciation & Amortisation Adjustment
|Section 5: Working with Items and Inventory|
Inventory Items Setup
Recording Purchase Orders
Recording Delivery of Stock (Suppliers' Invoices) & Reporting using Wildcards
Processing Sales Invoices for Stock
Deleting an Inventory Item & Reports
|Section 6: End of Year Adjustments & Financial Year Rollover|
Recording Credit Card Transactions & Remaining Transactions
Business Activity Statement (BAS Link)
End of Year Adjustments
Stocktake (Count Inventory) & Inventory Adjustments
Adjusting Cost of Goods & Credit Card Account Reconciliation
Dishonoured Cheque & Bank Reconciliation
Reports & Financial Year Rollover
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 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.