MYOB Bookkeeping Software
4.6 (5 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.
42 students enrolled
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MYOB Bookkeeping Software

Learn how to use this accounting software.
4.6 (5 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.
42 students enrolled
Created by Lisa Newton
Last updated 8/2015
English
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Includes:
  • 2.5 hours on-demand video
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
What Will I Learn?
  • By the end of the course you will be able to complete various common functions using MYOB software
  • In this course, you will learn how to:
  • Enter the opening balances
  • Amend the nominal ledger
  • Add new customer and supplier details
  • Post customer invoices and credit notes to the sales ledger
  • Post supplier invoices and credit notes to the purchase ledger
  • Enter the supplier cheques and record the customer receipts
  • Post Petty Cash transactions
  • Prepare the VAT return
  • Reconcile the bank
  • Post the wages journal
  • Post adjustments to the accounts and produce month-end reports
View Curriculum
Requirements
  • You will need access to MYOB
  • You'll need an interest in accounts
Description

MYOB Computerised Accounts course is about how to use MYOB based on the most popular functions which you as a MYOB operator needs to know how to use, in order to be proficient in using the software.

The learning is structured in a practical way. You are given a practical scenario assignment. There are various tasks to complete. You are given the task to do and have a go at, and then the video answer is available. It is suggested that you:

  1. Read the task
  2. Watch the video
  3. Have a go at it yourself on your own system
  4. Rewatch the video (if necessary) - to reinforce the learning

You'll learn how to set up the MYOB system from scratch, how to enter opening balances, post customer invoices and credit notes, post supplier bills and credit notes, pay suppliers, petty cash, prepare a VAT return, reconcile the bank, post journals, run reports amongst over things.

This is a useful course if:

  • You are thinking of working with the software,
  • You are going for jobs which have a requirement for you to be able to use this software
  • You want to put this skill on your CV, or
  • You are a bookkeeper or accountant and will be using this for clients or even
  • You run your own business and want to know how to use MYOB for yourself.

You will need to have access to a copy of MYOB.

The course materials includes the handout of the assignment task.

Successful completion of the course is the equivalent to being at the level of having a level 2 certificate in computerised accounts.

The course will take about 3-4 hours to complete.

Who is the target audience?
  • Bookkeepers and Accountants who will be using this for their clients
  • Students who are going for jobs where the requirement is working knowledge of MYOB
  • Those who have studied accounting, but want practical knowledge of how to use a popular accounting software which will help them find employment
  • Previous knowledge of accounting is not presumed or required
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Curriculum For This Course
Expand All 43 Lectures Collapse All 43 Lectures 02:29:40
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Getting Prepared - Access the software and course materials
2 Lectures 07:33

http://myob.com.au/

Access the software online - get a free trial of MYOB
02:10
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Getting Started
3 Lectures 11:12

Set up the system.

Setting Up The System
01:30

Download and print off the course materials, and then install MYOB and you'll be ready to begin!

Note, you will need the latest edition of Google Chrome to run the MYOB online version. This is free, and they will prompt you to download and install it, if necessary.

Installing the system
06:03

Creating company file
03:39
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Setting Up The System
6 Lectures 22:28
Familiarise yourself with the Chart of Accounts
03:09


Enter opening balances.

Enter opening balances
07:18

Opening balance report.

Opening Trial Balance
01:01

Reverse journals.

Reverse Opening Balances - accruals and prepayments
03:59

Report journals.

Report Journals
01:00
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Nominal Ledger
2 Lectures 04:48

Amend the nominal ledger.

Amend the Nominal Ledger
04:08

Report the nominal ledgers.

Report listing the nominal ledgers
00:40
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Customers
2 Lectures 07:49

Add new customers.

Enter customers
06:46

Report customer information.

Reporting Customer Information
01:03
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Suppliers
2 Lectures 05:22

Enter suppliers.

Entering Suppliers
04:28

Report supplier info.

Supplier Information Report
00:54
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Sales Ledger
4 Lectures 20:57

Post customer invoices.

Enter new codes for sales invoices
06:49

Input sales invoices
07:32

Post credit notes to the sales ledger.

Post Sales Credit Notes
03:52

Report showing customer activity.

Report showing Customer Activity & Aged Debtors List
02:44
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Purchases Ledger
3 Lectures 13:51

Post supplier invoices.

Post Supplier Invoices
08:44

Create supplier credit notes.

Credit Notes Suppliers
03:33

Supplier account activity report.

Supplier Activity Report & Aged Creditors
01:34
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Sundry Payments
2 Lectures 06:35

Post cheques.

Post Cheques
05:13

Report on supplier payments.

Preview 01:22
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Sundry Receipts
3 Lectures 07:28

Enter customer receipts.

Receipts from customers
04:24

Apply a customer credit note to a customers account
01:08

Report showing customer receipts.

Report showing customer receipts
01:56
6 More Sections
About the Instructor
Lisa Newton
4.0 Average rating
249 Reviews
3,358 Students
88 Courses
Entrepreneur & Serial Author

Lisa Newton BA MSc FMAAT has a masters degree in Investment Management and a first class honours degree in Accounting with Marketing. She formed her first company in 2004 with £150 in the same month of graduating from City University, London UK. Lisa has never had a full time 9 to 5 job in her life. She's a serial entrepreneur and author who holds directorships in various industries including telecoms, property management, publishing, hair & beauty as well as finance. She has won various awards in Business including: Young Entrepreneur of the Year Award 2007, in 2008 Enterprising Business Award, in 2016 BE Mogul Award and has been nominated and shortlisted in numerous others. In 2011 and in 2012 one of her companies won Best Accounting Franchisor Award. In 2015 and 2017 one of her companies won Best Bookkeeping Business London (Accountancy International Awards).

Lisa's books include: How to write a book in two weeks, Constant Cashflow, Make the most of your money, How to start your own bookkeeping business, Cosmic ordering with Vision Boards, How to Franchise Your Business and Quickbooks Online The Handbook. Some of the books are in audio-format on itunes and audible.

Lisa hosts her own show The Authors Podcast which can be found on the iTunes channel.

Lisa supports the charity The MS Society. A speaker, coach, consultant and an avid networker, Lisa enjoys meeting people and working on projects with like-minded individuals.

In her spare time, Lisa likes traveling, dancing salsa, writing books, learning languages, meditation, yoga and cosmic ordering.