Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 5: Accounts Receivable 1

Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 5: Accounts Receivable 2 Figure 5.1: Preferences for selecting and displaying accounts by name Accounts selected and listed by name

Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 5: Accounts Receivable 3 Figure 5.2: New tax code for export sales

Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 5: Accounts Receivable 4 Figure 5.3: Profile section for a new customer card

Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 5: Accounts Receivable 5 Figure 5.4: Profile window showing “Ship To” address

Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 5: Accounts Receivable 6 Figure 5.5: Card Details example for a customer

Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 5: Accounts Receivable 7 Figure 5.6: Service type invoice layout selected

Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 5: Accounts Receivable 8 Figure 5.7: Selling details set up for a customer

Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 5: Accounts Receivable 9 Figure 5.8: Historical sale for Abnego Pty Ltd

Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 5: Accounts Receivable 10 Figure 5.9: Receivables Balances after entering in Abnego historical invoice

Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 5: Accounts Receivable 11 Figure 5.10: Congratulations – if you balance!

Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 5: Accounts Receivable 12 Figure 5.11: Tax-inclusive service invoice to Colzmier Pty Ltd Ticked

Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 5: Accounts Receivable 13 Figure 5.12: Tax-exclusive service invoice to Pharmaceutical Distribution Not Ticked

Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 5: Accounts Receivable 14 Figure 5.13: Mixed taxable and GST-free invoice

Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 5: Accounts Receivable 15 Figure 5.14: Quotation given to a customer

Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 5: Accounts Receivable 16 Figure 5.15: Sales register showing quote to Maureen Devlin highlighted Click to change a QUOTE to an ORDER

Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 5: Accounts Receivable 17 Figure 5.16: Quote now changed to an Order

Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 5: Accounts Receivable 18 Figure 5.17: The Sales Register window showing Orders on file Click to change an ORDER to an INVOICE

Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 5: Accounts Receivable 19 Figure 5.18: Order now changed to an Invoice

Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 5: Accounts Receivable 20 Figure 5.19: Cheque details for a payment from Abnego Pty Ltd

Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 5: Accounts Receivable 21 Figure 5.20: Customer payment applied to an invoice

Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 5: Accounts Receivable 22 Figure 5.21: Receipt grouped with Undeposited Funds

Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 5: Accounts Receivable 23 Figure 5.22: Payment from David James grouped with Undeposited Funds

Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 5: Accounts Receivable 24 Figure 5.23: Payment from Colzmier grouped with Undeposited Funds

Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 5: Accounts Receivable 25 Figure 5.24: Undeposited Funds now deposited at bank

Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 5: Accounts Receivable 26 Figure 5.25: Recap Transaction showing how Undeposited Funds are banked

Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 5: Accounts Receivable 27 Figure 5.26: Credit note (negative invoice) to Colzmier Pty Ltd for returns

Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 5: Accounts Receivable 28 Figure 5.27: Colzmier credit note selected Either pay a refund or Apply the credit note against an invoice

Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 5: Accounts Receivable 29 Figure 5.28: Credit applied against an open invoice

Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 5: Accounts Receivable 30 Figure 5.29: Selecting the invoice form to use for printing

Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 5: Accounts Receivable 31 Figure 5.30: The Forms Selection window

Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 5: Accounts Receivable 32 Figure 5.31: Invoice print selection list with number 5655 selected

Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 5: Accounts Receivable 33 Figure 5.32: Report Customisation window for accounts receivable listing

Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 5: Accounts Receivable 34 Figure 5.33: Statement form type selected

Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 5: Accounts Receivable 35 Figure 5.34: Completed Forms Selection window for an Activity type statement

Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 5: Accounts Receivable 36 Figure 5.35: Selection for printing a single statement for Colzmier Pty Ltd

Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 5: Accounts Receivable 37 Figure 5.36: GST report selected from list of GST/Sales Tax reports

Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 5: Accounts Receivable 38 Figure 5.37: Report Customisation window for a GST report

Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 5: Accounts Receivable 39 Figure 5.38: Selling details in Easy Setup Assistant

Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 5: Accounts Receivable 40 Figure 5.39: Default customer terms using Easy Setup Assistant

Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 5: Accounts Receivable 41 Figure 5.40: Recap Transaction window for reversal entry

Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 5: Accounts Receivable 42 Figure 5.41: Negative Receive Payments for dishonoured cheque