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Chapter 1: Introduction to MYOB Accounting Plus 1-1

PPT slides t/a Computer Accounting using MYOB Business Software 8e by Neish and Kahwati

Chapter 1: Introduction to MYOB Accounting Plus

Computer Accounting using MYOB Business Software

8e

Chapter 1: Introduction to MYOB Accounting Plus 1-2

PPT slides t/a Computer Accounting using MYOB Business Software 8e by Neish and Kahwati

Figure 1.1: The Accounts command centre options

Chapter 1: Introduction to MYOB Accounting Plus 1-3

PPT slides t/a Computer Accounting using MYOB Business Software 8e by Neish and Kahwati

Figure 1.2: An example of a To Do List for accounts payable

Chapter 1: Introduction to MYOB Accounting Plus 1-4

PPT slides t/a Computer Accounting using MYOB Business Software 8e by Neish and Kahwati

Figure 1.3: An example of using Find Transactions on a general ledger account

Chapter 1: Introduction to MYOB Accounting Plus 1-5

PPT slides t/a Computer Accounting using MYOB Business Software 8e by Neish and Kahwati

Figure 1.4: The Setup drop-down menu

Chapter 1: Introduction to MYOB Accounting Plus 1-6

PPT slides t/a Computer Accounting using MYOB Business Software 8e by Neish and Kahwati

Figure 1.5: The List drop-down menu and Payroll Categories sub-menu

Chapter 1: Introduction to MYOB Accounting Plus 1-7

PPT slides t/a Computer Accounting using MYOB Business Software 8e by Neish and Kahwati

Figure 1.6: Options and checkboxes in a dialogue box

Only one option button in a group may be selected at any one time

Any number of checkboxes may be selected

Chapter 1: Introduction to MYOB Accounting Plus 1-8

PPT slides t/a Computer Accounting using MYOB Business Software 8e by Neish and Kahwati

Figure 1.7: User not allowed access to Banking command centre functions

Chapter 1: Introduction to MYOB Accounting Plus 1-9

PPT slides t/a Computer Accounting using MYOB Business Software 8e by Neish and Kahwati

Figure 1.8: Security Preferences window

Chapter 1: Introduction to MYOB Accounting Plus 1-10

PPT slides t/a Computer Accounting using MYOB Business Software 8e by Neish and Kahwati

Figure 1.9: System Preferences window

Chapter 1: Introduction to MYOB Accounting Plus 1-11

PPT slides t/a Computer Accounting using MYOB Business Software 8e by Neish and Kahwati

Figure 1.10: Preferences window for Reports and Forms

Chapter 1: Introduction to MYOB Accounting Plus 1-12

PPT slides t/a Computer Accounting using MYOB Business Software 8e by Neish and Kahwati

Figure 1.11: Windows Preferences

Chapter 1: Introduction to MYOB Accounting Plus 1-13

PPT slides t/a Computer Accounting using MYOB Business Software 8e by Neish and Kahwati

Figure 1.12: Selecting a Purchase Invoice from the Transaction Journal

Detail Arrow

Chapter 1: Introduction to MYOB Accounting Plus 1-14

PPT slides t/a Computer Accounting using MYOB Business Software 8e by Neish and Kahwati

Figure 1.13: List of Quotes in the Purchases Register

Chapter 1: Introduction to MYOB Accounting Plus 1-15

PPT slides t/a Computer Accounting using MYOB Business Software 8e by Neish and Kahwati

Figure 1.14: Quote received from Marbuk Imports

Chapter 1: Introduction to MYOB Accounting Plus 1-16

PPT slides t/a Computer Accounting using MYOB Business Software 8e by Neish and Kahwati

Figure 1.15: The Company Information Window

Chapter 1: Introduction to MYOB Accounting Plus 1-17

PPT slides t/a Computer Accounting using MYOB Business Software 8e by Neish and Kahwati

Figure 1.16: General journal entry

Chapter 1: Introduction to MYOB Accounting Plus 1-18

PPT slides t/a Computer Accounting using MYOB Business Software 8e by Neish and Kahwati

Figure 1.17: Recap Transaction window for a general journal entry

Chapter 1: Introduction to MYOB Accounting Plus 1-19

PPT slides t/a Computer Accounting using MYOB Business Software 8e by Neish and Kahwati

Figure 1.18: Item selected from a list

Chapter 1: Introduction to MYOB Accounting Plus 1-20

PPT slides t/a Computer Accounting using MYOB Business Software 8e by Neish and Kahwati

Figure 1.19: A Bill for the purchase of items on credit

Chapter 1: Introduction to MYOB Accounting Plus 1-21

PPT slides t/a Computer Accounting using MYOB Business Software 8e by Neish and Kahwati

Figure 1.20: Recap Transaction window for an item purchase

Chapter 1: Introduction to MYOB Accounting Plus 1-22

PPT slides t/a Computer Accounting using MYOB Business Software 8e by Neish and Kahwati

Figure 1.21: A new sale invoice for items sold on credit

Chapter 1: Introduction to MYOB Accounting Plus 1-23

PPT slides t/a Computer Accounting using MYOB Business Software 8e by Neish and Kahwati

Figure 1.22: Recap Transaction window for sale of inventory items

Chapter 1: Introduction to MYOB Accounting Plus 1-24

PPT slides t/a Computer Accounting using MYOB Business Software 8e by Neish and Kahwati

Figure 1.23: Payment received from a customer (put into Undeposited Funds)

Chapter 1: Introduction to MYOB Accounting Plus 1-25

PPT slides t/a Computer Accounting using MYOB Business Software 8e by Neish and Kahwati

Figure 1.24: Cheque received now deposited at bank

Chapter 1: Introduction to MYOB Accounting Plus 1-26

PPT slides t/a Computer Accounting using MYOB Business Software 8e by Neish and Kahwati

Figure 1.25: Payment to a supplier

Chapter 1: Introduction to MYOB Accounting Plus 1-27

PPT slides t/a Computer Accounting using MYOB Business Software 8e by Neish and Kahwati

Figure 1.26: Cheque used to pay electricity account

Chapter 1: Introduction to MYOB Accounting Plus 1-28

PPT slides t/a Computer Accounting using MYOB Business Software 8e by Neish and Kahwati

Figure 1.27: Standard Balance Sheet selected as the report to print

Chapter 1: Introduction to MYOB Accounting Plus 1-29

PPT slides t/a Computer Accounting using MYOB Business Software 8e by Neish and Kahwati

Figure 1.28: Report Customisation—Advanced Filters for a balance sheet

Chapter 1: Introduction to MYOB Accounting Plus 1-30

PPT slides t/a Computer Accounting using MYOB Business Software 8e by Neish and Kahwati

Figure 1.29: Report Customisation—Finishing options for a balance sheet

Chapter 1: Introduction to MYOB Accounting Plus 1-31

PPT slides t/a Computer Accounting using MYOB Business Software 8e by Neish and Kahwati

Figure 1.30: Periodic v perpetual inventory systems—retailer

Chapter 1: Introduction to MYOB Accounting Plus 1-32

PPT slides t/a Computer Accounting using MYOB Business Software 8e by Neish and Kahwati

INVOICEAccount Receivable

Inventory Record

Journal Entries for GL

Dr Accounts Receivable Control Cr Sales(Selling price on Invoice)

Dr Cost of Goods Sold Cr Inventory(Cost price on inventory record)

Figure 1.31: Recording an invoice in an integrated system

Chapter 1: Introduction to MYOB Accounting Plus 1-33

PPT slides t/a Computer Accounting using MYOB Business Software 8e by Neish and Kahwati

Order Invoice

Sales Journal

Stock Journal

General Ledger

Acc. Rec. Ledger

General Ledger

Stock Ledger

Figure 1.32: Manual steps in accounts receivable/inventory system

Chapter 1: Introduction to MYOB Accounting Plus 1-34

PPT slides t/a Computer Accounting using MYOB Business Software 8e by Neish and Kahwati

Enter Order

(computer operations)Enquiries & Reports

Figure 1.33: Manual steps in computerised accounts receivable/inventory system

Chapter 1: Introduction to MYOB Accounting Plus 1-35

PPT slides t/a Computer Accounting using MYOB Business Software 8e by Neish and Kahwati

General Ledger

Cash Receipts and Payments

Sales and Receivables

Accounts Rec. Ledger

Inventory Records

Purchases and Payables

Accounts Pay. Ledger

Payroll

Figure 1.34: Module integration in an accounting package

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