Chapter 1: Introduction to MYOB Accounting Plus

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Presentation transcript:

Chapter 1: Introduction to MYOB Accounting Plus Computer Accounting using MYOB Business Software 8e Chapter 1: Introduction to MYOB Accounting Plus Chapter 1: Introduction to MYOB Accounting Plus

Figure 1.1: The Accounts command centre options Chapter 1: Introduction to MYOB Accounting Plus

Figure 1.2: An example of a To Do List for accounts payable Chapter 1: Introduction to MYOB Accounting Plus

Figure 1.3: An example of using Find Transactions on a general ledger account Chapter 1: Introduction to MYOB Accounting Plus

Figure 1.4: The Setup drop-down menu Chapter 1: Introduction to MYOB Accounting Plus

Figure 1.5: The List drop-down menu and Payroll Categories sub-menu Chapter 1: Introduction to MYOB Accounting Plus

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

Figure 1.7: User not allowed access to Banking command centre functions Chapter 1: Introduction to MYOB Accounting Plus

Figure 1.8: Security Preferences window Chapter 1: Introduction to MYOB Accounting Plus

Figure 1.9: System Preferences window Chapter 1: Introduction to MYOB Accounting Plus

Figure 1.10: Preferences window for Reports and Forms Chapter 1: Introduction to MYOB Accounting Plus

Figure 1.11: Windows Preferences Chapter 1: Introduction to MYOB Accounting Plus

Figure 1.12: Selecting a Purchase Invoice from the Transaction Journal Detail Arrow Chapter 1: Introduction to MYOB Accounting Plus

Figure 1.13: List of Quotes in the Purchases Register Chapter 1: Introduction to MYOB Accounting Plus

Figure 1.14: Quote received from Marbuk Imports Chapter 1: Introduction to MYOB Accounting Plus

Figure 1.15: The Company Information Window Chapter 1: Introduction to MYOB Accounting Plus

Figure 1.16: General journal entry Chapter 1: Introduction to MYOB Accounting Plus

Figure 1.17: Recap Transaction window for a general journal entry Chapter 1: Introduction to MYOB Accounting Plus

Figure 1.18: Item selected from a list Chapter 1: Introduction to MYOB Accounting Plus

Figure 1.19: A Bill for the purchase of items on credit Chapter 1: Introduction to MYOB Accounting Plus

Figure 1.20: Recap Transaction window for an item purchase Chapter 1: Introduction to MYOB Accounting Plus

Figure 1.21: A new sale invoice for items sold on credit Chapter 1: Introduction to MYOB Accounting Plus

Figure 1.22: Recap Transaction window for sale of inventory items Chapter 1: Introduction to MYOB Accounting Plus

Figure 1.23: Payment received from a customer (put into Undeposited Funds) Chapter 1: Introduction to MYOB Accounting Plus

Figure 1.24: Cheque received now deposited at bank Chapter 1: Introduction to MYOB Accounting Plus

Figure 1.25: Payment to a supplier Chapter 1: Introduction to MYOB Accounting Plus

Figure 1.26: Cheque used to pay electricity account Chapter 1: Introduction to MYOB Accounting Plus

Figure 1.27: Standard Balance Sheet selected as the report to print Chapter 1: Introduction to MYOB Accounting Plus

Figure 1.28: Report Customisation—Advanced Filters for a balance sheet Chapter 1: Introduction to MYOB Accounting Plus

Figure 1.29: Report Customisation—Finishing options for a balance sheet Chapter 1: Introduction to MYOB Accounting Plus

Figure 1.30: Periodic v perpetual inventory systems—retailer Chapter 1: Introduction to MYOB Accounting Plus

INVOICE Account Receivable Inventory Record Journal Entries for GL Figure 1.31: Recording an invoice in an integrated system INVOICE Account 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) Chapter 1: Introduction to MYOB Accounting Plus

General Ledger Sales Journal Acc. Rec. Ledger Order Invoice Figure 1.32: Manual steps in accounts receivable/inventory system General Ledger Sales Journal Acc. Rec. Ledger Order Invoice General Ledger Stock Journal Stock Ledger Chapter 1: Introduction to MYOB Accounting Plus

(computer operations) Figure 1.33: Manual steps in computerised accounts receivable/inventory system Enquiries & Reports Enter Order (computer operations) Chapter 1: Introduction to MYOB Accounting Plus

General Ledger Inventory Records Figure 1.34: Module integration in an accounting package Cash Receipts and Payments Payroll Sales and Receivables Purchases and Payables General Ledger Accounts Rec. Ledger Accounts Pay. Ledger Inventory Records Chapter 1: Introduction to MYOB Accounting Plus