MYOB Course Outline
1. MYOB: From Pen & Paper to MYOB
- Exploring the sample Company
- Set up Procedure
- Entering day to day transactions
- Enter invoice for sales
- Change recorded transactions
- Entre supplier invoice
- Prepare a bank reconciliation
- End of month report
- Prepare your GST return
- Consolidation tasks
2. Payroll Management
- Set up a Payroll for a company
- Set up departments and cost centres
- Set up employees including standard (default) pays
- Set up leave and holiday pay balances
- Process pays for weekly and monthly pays
- Complete month end by changing the PAYE period
- Terminate employees
- Print reports for the Inland Revenue Department
- Print management reports
3. Day-to-day Processes
- Open an existing company file
- Set up preferences and linked accounts
- Determine which GST codes you need for your business
- Process day-to-day sales as quotes, orders and invoices
- Analyse your debtors
- Process the receipt of payment for your customers
- Create credit notes and purchase orders
- Email purchase orders
- Convert orders and quotes to bills
- Enter spend money and receive money transactions
4. End of Year Reconciliation
- Use the Company Data Auditor
- Find and fix imbalances when reconciling your bank account
- Reconcile your accounts receivable, accounts payable and inventory
- Reconcile your GST control accounts
- Complete your GST Return using MYOB Accounting software
- Review your financial reports
- Customise reports
- Send reports to Microsoft Excel
- Prepare report batches
- Provide information to your accountant
- Start a new financial year
5. Advanced Processing: Beyond the Basics
- Manage contact logs
- Set up recurring transactions
- Use advanced search features to find transactions
- Customise forms
- Manage accounts, budgets, jobs and categories
- Export data from, and import data to, your company file
- Manage transactions in multiple currencies
- Record and bill for time
- Create personalised
6. Business Reporting and Analysis
- Learn how to use the P & L and Balance Sheet Reports to analyse your business
- Customize your Accounts List to meet your business’ reporting needs
- Discover tools in your software to track profitability in different areas of your business
- Set and report on Key Performance Indicators using MYOB AccountRight software and Microsoft Excel®
- Understand key ratios and apply them to measure business performance
- Use MYOB reports and Microsoft Excel to customise templates for targeted reporting
- Bank reconciliation
- Input your MYOB data into financial templates to enable you to measure business performance
- Recognise the difference between cash flow and profit and how to improve them
7. Inventory Management overs
- Understand cost of sales
- Set up the items list
- Identify the types of items which are categorised as buy, sell and/or inventory
- Use custom lists and fields
- Enter an initial stock count
- Reconcile the stock ledger with the accounts list
- Link the account for goods received
- Order stock from a supplier
- View, print and email purchase orders
- Check stock availability
- Receive stock and the packing slip
