Online MYOB AccountRight Course
Course Code
MYON102
Payment Options
Upfront & Payment Plans
Delivery
Online
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
- The MYOB screen and Command Centre
- The Flow chart of activities
- Things to look out for Exiting MYOB
Creating a new Company file
- Creating a new company file
- Selecting an accounts list
- Running through the setup wizard
- Checking the company information
- Backup concepts
- Restoring a backup file
- Opening your new company file
The Chart of Accounts
- Double Entry Bookkeeping concepts
- Understanding the meaning of posting
- Understanding the meaning of a Chart of Accounts
- Analysing the various account groups
- Understanding some basic bookkeeping terminology
- GST concepts you need to know
- Creating new accounts
- Header and Detail accounts
- Modifying and deleting existing accounts
- Changing default credit terms
Opening Balances
- Analysing a Trial Balance Report
- The Trial balance
- Entering Opening Balances
The Card file
- Entering new customers and selling details
- Entering new suppliers and buying details
- Entering customer and supplier historical 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
Reports
- 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
Backups
- Understanding Backup and Restore
- Performing a backup
- Performing a Restore
Are you interested in this course?