Course Details

MYOB Essentials Training Course Contents

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The workshop will provide participants with the skills and knowledge required to set up and operate a computerised accounting system, prepare, match and process receipts, process payment documentation, manage day to day accounts and process customer transactions.
Training will also include essential business processes using MYOB AccountRight software and how to set up your accounts, tax codes, contacts and inventory.This workshop will take you from entering sales and purchases right through to reconciling the bank account and generating reports.

Unit 1: Basic orientation:

Overview of MYOB, Starting MYOB in Microsoft windows , The MYOB screen, Navigating the command centre ,Using the command centre, Finding transactions, Company viability, Exiting MYOB and Other basic things to know about MYOB
Unit 2: Creating a new company file:

Getting ready for MYOB, Creating a new company file and Activating your company file,
Unit 3: Chart of accounts
Chart of accounts overview, Modifying existing accounts, Header and detail accounts, Deleting accounts, Linking accounts, Checking tax codes and Preparing for electronic banking
Unit 4: Opening balances
Opening balances overview, Entering opening balances, Opening balances , Checking your balance sheet and Checking your profit and loss,
Unit 5: Historical balances
Historical balances overview, Checking update preferences, Entering customer balances and Entering supplier balances,
Unit 6: Cards
Cards overview, Entering customer details, Entering supplier details, Changing credit terms and Choosing a form layout
Unit 7: Setting up inventory
Overview of inventory, Entering inventory items, More complex items, Counting stock and adjusting inventory,

Unit 8: Purchasing
Purchasing overview, purchasing, Raising a purchase order printing purchase orders, Emailing purchase orders, Receiving items without the bill obtaining quote, Completing quotes and Restocking from inventory
Unit 9: Paying for purchases
Payments overview, Determining the state of your payments, Finding due dates, Locating a specific order or bill and Making payments

Unit 10: Selling
Sales overview, Creating an item invoice, Checking the sales journal, The invoice from held , Printing invoices, Emailing an invoice and Entering cash sale
Unit 11: Invoicing techniques
More invoicing techniques, Placing items on back order, Creating a service invoice, Viewing your invoices, Raising a credit note and Settling the credit invoicing techniquess
Unit 12: Receivables
Receivables overview, Applying payments, Applying payments to multiple invoices, Preparing a bank deposit slip, Printing an invoice statement, Printing an activity statement, Analysing sales performance and Receiving payments
Unit 13: Working with inventory
Inventory on a day to day basis, Creating an auto-build item, Checking inventory status, Auto-building inventory and Fulfilling backorders
Unit 14: Cheques
Banking overview, Writing cheques, Recurring cheques, Using a recurring cheque, Printing cheques and Receiving money
Unit 15: Reconciliations
Reconciliation overview, Producing a reconciliation report, Accounting for government fees, Bank statements and the GST and Performing a reconciliation
Unit 16: Working with reports
Overview of reports, Generating reports, Customising reports and Changing orientation
Unit 17: MYOB and the GST
GST overview, Tax inclusive transactions, Examining tax codes, Withholding tax, Examining GST accounts and Running GST reports MYOB and the GST
Unit 18: Business activity statement (BAS)
BAS overview, Preparing to use BASlink and Running pre-BAS reportUnit