learn basic bookkeeping Myob overview

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http://www.learnbasicbookkeeping.com.au Myob overview there are a number of different versions of myob. Each section in Myob has a reporting facility to allow business owners to make decisions on various aspects of their business at any point in time the latest version of myob operates the same as old versions it just looks a little different and has a few more options. For example the payroll in the latest version now allows you to save the payroll and goes back to it later. To undertake the various processes involved in entering data into myob the basic background information must be correct. Information such as payroll categories, GST allocations, Chart of accounts, Inventory items (where used) should be set up by a professional to ensure compliance with required reporting. For assistance in setting up your myob file contact http://www.aprbookkeeping.com

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learn basic bookkeeping Myob overview

  1. 1. Myob overview •There are a number of different versions of myob. • Older versions are no longer supported by myob but may still be used. • The screen shot below is from Myob v 19 • Each icon represents an area of myob used to enter data
  2. 2.  Accounts  Banking  Sales  Time Billing  Purchases  Payroll  Inventory  card File APR Bookkeeping – Learn basic bookkeeping 23/06/2013
  3. 3. Main areas of use: ▪ Spend money ▪ Receive money ▪ Reconcile bank accounts ▪ Prepare bank deposits ▪ Prepare electronic payments APR Bookkeeping – Learn basic bookkeeping 23/06/2013
  4. 4. Main areas of use: ▪ Enter sales ▪ Receive payments ▪ Print statements APR Bookkeeping – Learn basic bookkeeping 23/06/2013
  5. 5. Main areas of use: ▪ Enter purchases ▪ Pay bills ▪ Prepare electronic payments ▪ Print remittance advices APR Bookkeeping – Learn basic bookkeeping 23/06/2013
  6. 6. Main areas of use: ▪ Enter timesheets ▪ Process payroll ▪ Print payslips ▪ Pay liabilities APR Bookkeeping – Learn basic bookkeeping 23/06/2013
  7. 7. Each section in Myob has a reporting facility to allow business owners to make decisions on various aspects of their business at any point in time. APR Bookkeeping – Learn basic bookkeeping 23/06/2013
  8. 8. The latest version of myob operates the same as old versions it just looks a little different and has a few more options. For example the payroll in the latest version now allows you to save the payroll and go back to it later. APR Bookkeeping – Learn basic bookkeeping 23/06/2013
  9. 9. Writing cheques or making payments There are two ways of making payments. If you have processed an invoice into the purchases system you would use “Pay bills”. If the payment is from a bank statement entry and you have not entered the creditor invoice then you would use “spend money”. Go to Banking: then Spend Money APR Bookkeeping – Learn basic bookkeeping 23/06/2013
  10. 10. To undertake the various processes involved in entering data into myob the basic background information must be correct. Information such as payroll categories, GST allocations, Chart of accounts, Inventory items (where used) should be set up by a professional to ensure compliance with required reporting. For assistance in setting up your myob file contact APR Bookkeeping Phone: 07 3382 0790 Email: aprbookkeeping@gmail.com APR Bookkeeping – Learn basic bookkeeping 23/06/2013

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