MYOB Course v19 Introduction

MYOB Course v19 Introduction

Course Code MYOBV19
Qualification Statement of Attainment
Payment Options Upfront & Payment Plans
Delivery Online & Correspondence
Duration 100 Hours

Learning Cloud offers short to advanced MYOB courses. MYOB courses are basically designed for people who need to know how to use MYOB Basics

This course is intended for people who need to know how to use MYOB Basics. 
The skills and knowledge covered in this course are sufficient to help you set up and use a Set of 
Accounts, using MYOB for day-to-day transactions 

MYOB Overview and Orientation 

  • Getting into MYOB and understanding the Screen 
  • The Command Centre 
  • Finding Transactions 
  • Using the Registers 
  • Displaying a Balance Sheet 
  • Displaying a Profit and Loss 
  • Making sure your data is safe 
  • Using Clearwater accounts to navigate and 
  • familiarise with MYOB screens 
  • Exiting MYOB 

Creating a new Company file 

  • Information needed before setting up a new file 
  • Creating a new company file 
  • Selecting an accounts list 
  • Running through the setup wizard 
  • Exiting with a backup 
  • Opening your new company file 

The Chart of Accounts 

  • Understanding the meaning of a Chart of Accounts 
  • Analysing the various account groups 
  • Understanding some basic bookkeeping 
  • terminology 
  • Creating new accounts 
  • Editing and deleting existing accounts 
  • Understanding and creating Header and Detail 
  • Accounts 
  • Viewing and changing linked accounts 
  • Changing default credit terms 
  • Checking the Tax Codes 
  • Preparing for Electronic Banking 

Opening Balances 

  • Understanding Balance Sheet accounts 
  • Understanding Profit and Loss Accounts 
  • Accounts names and numbers 
  • The Trial balance 
  • Entering Opening Balances 

The Card file 

  • Entering new customers and selling details 
  • Entering new suppliers and buying details 
  • Entering new customers + suppliers with Easy Add 
  • Entering customer and supplier opening balances  

Working with the Purchases module 

  • Understanding the life-cycle of a purchase 
  • Entering suppliers invoices 
  • Viewing your invoices through the Purchases 
  • Register 
  • Entering a Purchase Order 
  • Emailing Purchase Orders 
  • Converting a Purchase Order to an invoice when 
  • goods are received 
  • Creating and using a Recurring Purchase invoice or 
  • order 
  • Entering Quotes from Suppliers 
  • Converting a Quote to an Order  

Paying for Purchases 

  • Seeing your Payables 
  • Locating due dates for payments 
  • Locating a specific order or bill 
  • Making payment to suppliers using Pay Bills 
  • Checking these payments through the Bank 
  • Register 

Working with the Sales module 

  • Understanding the life-cycle of a sale 
  • Entering Customers Invoices 
  • Working with different tax types 
  • Entering Freight and Comments 
  • Viewing your invoices through the Sales Register 
  • Changing Credit Terms 
  • Accepting Deposits 
  • Printing or Emailing Invoices 
  • Creating a Cash Customer 
  • Entering a Cash Sale and printing the receipt 
  • Entering a Sales Quote 
  • Creating and using a Recurring Sales invoice or 
  • Quote 
  • Changing a quote to an invoice 


  • Selecting a report 
  • Printing a report 
  • Simple customisation 
  • Saving a report 

Receiving Payments from your 

  • Customers 
  • Receivables 
  • Receiving payments from Customers through 
  • Receive payments 
  • Selecting a payment method 
  • Applying the payment Applying payments to 
  • multiple invoices 
  • Understanding bank deposits 
  • Nominating transactions to deposit 
  • Creating a bank deposit slip 
  • Checking these receipts through the Bank Register 
  • Statements 
  • Creating an Activity Statement 
  • Understanding the Sales Analysis 
  • Viewing Sales Performance 

The Banking Module 

  • Viewing all current transactions on the Bank 
  • Register 
  • Understanding the use of Spend and Receive 
  • Money 
  • Using Spend Money 
  • Using Receive Money 
  • Creating and using Recurring transactions in the 
  • Banking Module 

Bank Reconciliations 

  • Understanding the Bank Statement 
  • Starting the Bank Reconciliation 
  • Creating an ITS Tax Code for Interest earned 
  • Entering Bank Interest and fees 
  • Printing and understanding the Reconciliation 
  • Report 
  • Completing the Reconciliation 


  • Understanding Backup and Restore 
  • Performing a backup 
  • Performing a Restore 

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Finance options

If you are an Australian citizen you may be eligible to receive financial support, meaning you can defer payment of your course fees. Additionally, if you are an Australian resident you may also be eligible to receive Abstudy/Austudy or Youth Allowance.

Student support

We live in a society where the pressures of daily living are high with financial expenses, personal and work commitments, and mortgage and rental obligations. Then there are the unexpected life challenges that also get thrown our way. With this in mind the thought of taking on study can be daunting for most people. Here at Learning Cloud we understand that life doesn’t run in a straight line it has many ups and downs.

As an enrolled student at Learning Cloud, you are entitled to access a variety of non-academic support services from the Student Services Unit. These supports are designed to walk beside you throughout your studies they will assist you in life’s ups and downs to provide you the best opportunity to successfully complete your chosen course.


  • Careers Counselling Service
  • General Counselling Service
  • Disability Liaison Service
  • Retention & Engagement Service
  • Student Activities
  • Accommodation
  • Disabled Australian Apprentice Wage Subsidy (DAAWS)
  • E Counselling
  • Your-Tutor
  • Parent support
  • Reasonable Adjustment Plan (RAP)

Call our student support today on 1300 650 569 or Email Faculty

Get more information

Want more information about financial and student support? Fill out the enquiry form to the right and a study consultant will contact you with the details you need.

How will this course advance my career?

Learning Cloud programs have been developed in response to industry demand and are specifically designed to equip graduates with work-ready skills. Each participant will be trained and assessed in theory and in practical tasks and Real-world exercises are used throughout the program.

Studies prove, time and again, that college-educated workers earn more than those with only a high school qualification. College graduates often enjoy additional benefits, including greater job opportunities and promotions. Though the proof for greater earning potential exists, some might wonder whether the cost of the education warrants the overall expense in the long run.

College Graduate vs. Non-Graduate Earnings

The National Centre for Education Statistics (NCES) analyses employee earnings data biennially, according to education level. Findings indicate that workers with a qualification earn significantly more than those without. Since the mid-1980s, education has played a large part in potential wages, with bachelor's degree holders taking home an average of 66% more than those with only a high school diploma do. While college-educated workers' wages have increased over the past two decades, those with only a high school education have seen decreases in annual salaries in the same time period (

How else will I benefit from studying with Learning Cloud?

  • Studying online or distance means you can study where you want and at your own pace.
  • Receive career-focused training with practical, hands-on learning.
  • All course materials are provided and all digital platforms are interactive, work on any device and designed to be fun.
  • Recognition of Prior Learning or Skills Recognition may be available for previous work experience, formal training or qualifications in this field.