NEWCASTLE COMPUTER TRAINING

MYOB Accounting (2 Days)

• Overview of MYOB
• The MYOB Screen
• Navigating and Working with The Command Centre
• Company Viability
• Using the Help
• Creating a New Company File
• Activating Your Company File
• Chart of Accounts

                        Modifying Existing Accounts

                        Header and Detail Accounts

                        Deleting Unnecessary Accounts

                        Setup of Linked Accounts

                        Checking Tax Codes

Preparing for E-Banking

• Opening Balances

                        Entering Opening Balances

                        Checking Your Balance Sheet

                        Checking Your Profit and Loss

• Historical Balances

                        Changing Update Preferences

                        Entering Customer Balances

                        Entering Supplier Balances

• Cards

                        Entering Customer Details

Entering Supplier Details

Changing Credit Terms

Choosing a Form Layout

• Setting Up Inventory

                        Entering Inventory Items

                        Dealing with Complex Items

                        Counting Stock and Adjusting Inventory

• Purchasing

                        Entering Bills from Suppliers

                        Raising a Purchase Order

                        Printing Purchase Orders

Receiving Items on Order

• Paying for Purchases

                        Determining the State of Your Payments

                        Finding Due Dates

                        Locating a Specific Order or Bill

Making Payments

• Selling

                        Creating an Invoice Item

                        Checking the Sales Journal

                        Dealing with Complicated Invoices

                        Printing Invoices

                        Reprinting Invoices

                        Entering Cash Sales

                        Placing Items on Backorder

                        Creating a Service Invoice

                        Viewing Your Invoice

                        Raising a Credit Note

                        Settling the Credit

• Receivables

                        Applying Payments (also to Multiple Invoices)

                        Preparing a Bank Deposit Slip

                        Printing an Invoice Statement

                        Printing an Activity Statement

                        Analysing Sales Performance

• Working with Inventory

                        Day-To-Day Inventory

                        Creating an Auto-Build Item

                        Checking Inventory Status

                        Auto-Building Inventory

                        Fulfilling Backorders

• Cheques

                        Writing Cheques

                        Recurring Cheques

                        Using a Recurring Cheque

Printing Cheques

Receiving Money

• Reconciliations

                        Producing a Reconciliation Report

                        Accounting for Government Fees

                        Bank Statements and the GST

                        Performing a Reconciliation

• Reports

                        Generating Reports

                        Customising Reports

                        Changing Orientation

Profit and Loss Reports

Reporting in MS Excel

• MYOB and the GST

                        GST Overview

                        Tax Inclusive Transactions

                        Examining Tax Codes

Withholding GST

Examining GST Accounts & Running GST Reports

• Business Activity Statement (BAS)

                        Understanding the BAS

                        Preparing to Use BASlink

                        Creating Additional GST Accounts

                        Running Pre-BAS Reports

Setting up BASlink

Entering Values Directly

Calculating Your Income Tax and Obligations

Creating the BAS Transaction

Making the Tax Payment