MYOB AccountRight Essential Training

MYOB AccountRight Essential Training, available at $19.99, has an average rating of 3.6, with 49 lectures, based on 103 reviews, and has 472 subscribers.

You will learn about Installing MYOB AccountRight Software Free Trial Creating Your Company Files Customizing MYOB Preferences Setting Up Chart of Accounts and Card Lists Recording New Customers & Suppliers Processing Purchases and Sales Invoices (Cash & Credit) & Credit Adjustments Working with Various Banking Tasks & Loans Processing Stocktake & Inventory Adjustments Recording Recurring Transactions Adjusting Prepayments and Depreciation & Amortisations Processing Contra Entry & Drawings Processing Bank Reconciliation Generating Financial Year Reports Lodging Business Activity Statement (GST Return) This course is ideal for individuals who are Accounting Students & Small Business Owners It is particularly useful for Accounting Students & Small Business Owners.

Enroll now: MYOB AccountRight Essential Training

Summary

Title: MYOB AccountRight Essential Training

Price: $19.99

Average Rating: 3.6

Number of Lectures: 49

Number of Published Lectures: 49

Number of Curriculum Items: 49

Number of Published Curriculum Objects: 49

Original Price: $199.99

Quality Status: approved

Status: Live

What You Will Learn

Installing MYOB AccountRight Software Free Trial
Creating Your Company Files
Customizing MYOB Preferences
Setting Up Chart of Accounts and Card Lists
Recording New Customers & Suppliers
Processing Purchases and Sales Invoices (Cash & Credit) & Credit Adjustments
Working with Various Banking Tasks & Loans
Processing Stocktake & Inventory Adjustments
Recording Recurring Transactions
Adjusting Prepayments and Depreciation & Amortisations
Processing Contra Entry & Drawings
Processing Bank Reconciliation
Generating Financial Year Reports
Lodging Business Activity Statement (GST Return)

Who Should Attend

Accounting Students & Small Business Owners

Target Audiences

Accounting Students & Small Business Owners

Update: I’ve significantly dropped the price of the course to the lowest tier possible ($20) on Udemy for a limited time! Those poor college students who approached me, I’ve got you guys covered! 🙂 All the fundamental skills and principles will always be super helpful no matter which MYOB version you’re currently working with!

This MYOB training course consists of a series of training videos, case studies and practices. It focuses on the fundamental skills required for you to build your own company files and cope with daily bookkeeping affairs. This course is suitable for all learners, especially for students with some basic accounting knowledge and small business owners.

You will start with setting up your company file, and then learn how to manage your daily operations by setting up accounts related to service, inventories, customers and suppliers. You will understand how to create invoices and manage purchases, sales and funds transfers. This course will show you how to create purchase orders and pay bills as well as record sales and payments received. Also, you can track your own inventory and manage all your banking tasks. Additional working materials are provided which allow you to follow along with this course throughout the lessons. Besides the basic use of the accounting software, more advanced contents such as prepayments, depreciation, bad debts, contra entry adjustments and GST return will also be covered in this course. At the end of each section, you will learn how to generate various reports related to your business.

By the time you have completed this online MYOB course, you will have a clear understanding of how to set up and maintain your company’s finances on a day to day basis, as well as access to the financial information you need to help you succeed in your business.

Course Curriculum

Chapter 1: Where to Download and How to Install MYOB AccountRight Softwares

Lecture 1: How to Download and Install MYOB AccountRight Trial Versions for Free

Chapter 2: Setting Up Company File and Chart of Accounts

Lecture 1: Creating Your Company File

Lecture 2: Customizing MYOB Preferences

Lecture 3: Editing Business and Bank Details

Lecture 4: Linked Accounts Setup

Lecture 5: Editing and Deleting Accounts & Tax Codes

Lecture 6: Generating an Accounts List Summary Report

Lecture 7: Adding Header Accounts in the Accounts Lists

Chapter 3: Working with Company General Ledger and Banking Tasks

Lecture 1: Adjusting Opening Balance for the Company

Lecture 2: "Banking – Spend Money" Function

Lecture 3: "Banking – Receive Money" Function

Lecture 4: Recording Credit Transactions in General Journal

Lecture 5: Funds Transfer

Lecture 6: Fixing Errors

Lecture 7: Recurring Transactions

Lecture 8: Prepayments

Lecture 9: Depreciation & Amortisation

Lecture 10: Generate Reports

Chapter 4: Working with Customers and Suppliers

Lecture 1: Custom Lists

Lecture 2: New Employees & Customers Setup

Lecture 3: New Suppliers Setup

Lecture 4: Recording and Emailing Sales Invoices & Credit Adjustments

Lecture 5: Recording Credit Purchases & Supplier's Adjustments Note

Lecture 6: Contra Entry

Lecture 7: Editing Card Details

Lecture 8: Processing Prompt Payment Discount & Discount Linkage Setup

Lecture 9: Receiving Customer Payments

Lecture 10: Printing Bank Deposit Slips Reports & Customer Statements

Lecture 11: Processing Supplier Payments (Pay Bills) & Electronic Payments

Lecture 12: Recording Cash Payments & Petty Cash Re-Imbursement

Lecture 13: Bad Debts Expense & Allowance for Doubtful Debts

Lecture 14: Depreciation & Amortisation Adjustment

Lecture 15: Bank Reconciliation

Lecture 16: Reports

Chapter 5: Working with Items and Inventory

Lecture 1: Inventory Items Setup

Lecture 2: Recording Purchase Orders

Lecture 3: Recording Delivery of Stock (Suppliers' Invoices) & Reporting using Wildcards

Lecture 4: Processing Sales Invoices for Stock

Lecture 5: Cash Sales

Lecture 6: Drawings

Lecture 7: Deleting an Inventory Item & Reports

Chapter 6: End of Year Adjustments & Financial Year Rollover

Lecture 1: Recording Credit Card Transactions & Remaining Transactions

Lecture 2: GST Return

Lecture 3: Business Activity Statement (BAS Link)

Lecture 4: End of Year Adjustments

Lecture 5: Stocktake (Count Inventory) & Inventory Adjustments

Lecture 6: Adjusting Cost of Goods & Credit Card Account Reconciliation

Lecture 7: Dishonoured Cheque & Bank Reconciliation

Lecture 8: Reports & Financial Year Rollover

Instructors

Kevin Bao
Accountant
Leonard Guan

Rating Distribution

1 stars: 5 votes
2 stars: 8 votes
3 stars: 21 votes
4 stars: 36 votes
5 stars: 33 votes

Frequently Asked Questions

How long do I have access to the course materials?

You can view and review the lecture materials indefinitely, like an on-demand channel.

Can I take my courses with me wherever I go?

Definitely! If you have an internet connection, courses on Udemy are available on any device at any time. If you don’t have an internet connection, some instructors also let their students download course lectures. That’s up to the instructor though, so make sure you get on their good side!

Menu