Learn MYOB in 7 Days

Table of Contents

1. Cover
2. Table of Contents
3. Title Page
4. Foreword
5. Day 1: Accounts Command Centre and Card File Centre
   1. Orientation
   2. Menu bar
   3. Command Centre and flowcharts
   4. Preferences
   5. Tax codes
   6. Chart of accounts
   7. Things to consider before reviewing accounts
   8. Exploring a general ledger account
   9. Clearing accounts
   10. Card File Command Centre
   11. Exiting MYOB
6. Day 2: Banking Command Centre
   1. Introduction and overview
   2. Cash versus accrual-based accounting
   3. Cash versus accrual in relation to MYOB
   4. Linked accounts
   5. Bank Register and Transaction Journal
   6. Creating a Spend Money entry
   7. Creating a recurring transaction
   8. Receiving money
   9. Using the Undeposited Funds account and preparing a bank deposit
   10. Preparing electronic payments
   11. Printing cheques
   12. Printing or emailing remittance advices
   13. Bank reconciliation
   14. How to do a bank reconciliation
   15. What is an audit trail, and why is it important?
   16. Use the owner's loan account to monitor the owner's spending
7. Day 3: Sales Command Centre
   1. Introduction and overview
8. Day 4: Purchase Command Centre
   1. Introduction and overview
9. Day 5: Inventory Command Centre
   1. Introduction and overview
   2. Periodic and perpetual inventory
   3. Creating an Item
   4. Item List
   5. Entering an inventory purchase
   6. Recording receipt of goods delivered
   7. Entering an inventory sale
   8. Setting item prices
   9. Auto-Build items
10. Day 6: Payroll Command Centre
    1. Introduction and overview
    2. Wages
    3. Superannuation
    4. Deductions
11. Day 7: The wrap
    1. Introduction and overview
    2. Using the Command Panel
    3. Setting up MYOB AccountRight software
    4. Day-to-day use of MYOB AccountRight software
    5. 12 keys to staying in tiptop form