1. Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 9: MYOB AssetManager Pro 1

2. Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 9: MYOB AssetManager Pro 2 Figure 9.1: Company details for a new file

3. Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 9: MYOB AssetManager Pro 3 Figure 9.2: Company details – Entering the ABN and ACN

4. Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 9: MYOB AssetManager Pro 4 Figure 9.3: Financial year information at date of setup

5. Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 9: MYOB AssetManager Pro 5 Figure 9.4: STS Business Taxpayer election

6. Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 9: MYOB AssetManager Pro 6 Figure 9.5: General STS Pool defaults

7. Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 9: MYOB AssetManager Pro 7 Figure 9.6: The Long Life STS Pool defaults

8. Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 9: MYOB AssetManager Pro 8 Figure 9.7: Software Development Pool defaults

9. Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 9: MYOB AssetManager Pro 9 Figure 9.8: Full Depreciation Limit for STS Business taxpayer

10. Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 9: MYOB AssetManager Pro 10 Figure 9.9: The Creating Asset Groups window showing selected groups

11. Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 9: MYOB AssetManager Pro 11 Figure 9.10: File name and location for saving a new file

12. Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 9: MYOB AssetManager Pro 12 Figure 9.11: Command Centre window on startup

13. Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 9: MYOB AssetManager Pro 13 Figure 9.12: Non-STS Business Taxpayer election

14. Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 9: MYOB AssetManager Pro 14 Figure 9.13: Confirmation of low-value asset pool election

15. Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 9: MYOB AssetManager Pro 15 Figure 9.14: Limit and depreciation rates for the low-value assets pool

16. Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 9: MYOB AssetManager Pro 16 Figure 9.15: Full depreciation limit for Non-STS Business Taxpayer

17. Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 9: MYOB AssetManager Pro 17 Figure 9.16: Financial year information at date of setup

18. Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 9: MYOB AssetManager Pro 18 Figure 9.17: Full depreciation limit for ALL taxpayers prior to 20 September 1999

19. Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 9: MYOB AssetManager Pro 19 Figure 9.18: Accounts List before adding new account names

20. Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 9: MYOB AssetManager Pro 20 Figure 9.19: The Edit Account window showing an asset account

21. Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 9: MYOB AssetManager Pro 21 Figure 9.20: Account added to the account list and set as default asset account

22. Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 9: MYOB AssetManager Pro 22 Figure 9.21: An accumulated depreciation account added

23. Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 9: MYOB AssetManager Pro 23 Figure 9.22: Accumulated depreciation account added to the account list

24. Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 9: MYOB AssetManager Pro 24 Figure 9.23: Security Preferences for the demonstration file

25. Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 9: MYOB AssetManager Pro 25 Figure 9.24: User defined Asset IDs set in Operations preferences window

26. Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 9: MYOB AssetManager Pro 26 Figure 9.25: Asset Groups as per the setup

27. Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 9: MYOB AssetManager Pro 27 Figure 9.26: Changing the asset account number for a new asset group Use the List button to show account list setup Select account 1-5510 for Printing & Machinery

28. Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 9: MYOB AssetManager Pro 28 Figure 9.27: Asset Group Entry window for Printing Machinery

29. Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 9: MYOB AssetManager Pro 29 Figure 9.28: Edited asset group entry for computer equipment

30. Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 9: MYOB AssetManager Pro 30 Figure 9.29: Custodian type card in the card file

31. Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 9: MYOB AssetManager Pro 31 Figure 9.30: Asset Profile for an historical asset

32. Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 9: MYOB AssetManager Pro 32 Figure 9.31: Acquisition and Depreciation details in Asset Information window

33. Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 9: MYOB AssetManager Pro 33 Figure 9.32: Asset Details details in Asset Information window

34. Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 9: MYOB AssetManager Pro 34 Figure 9.33: Service Details details in Asset Information window

35. Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 9: MYOB AssetManager Pro 35 Figure 9.34: Asset List window after entering an asset

36. Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 9: MYOB AssetManager Pro 36 Figure 9.35: Header ID set up for an asset with several components

37. Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 9: MYOB AssetManager Pro 37 Figure 9.36: Asset profile for an asset that is linked to a header

38. Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 9: MYOB AssetManager Pro 38 Figure 9.37: Acquisition & Depreciation details in Asset Information window

39. Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 9: MYOB AssetManager Pro 39 Figure 9.38: Asset Details in the Asset Information window

40. Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 9: MYOB AssetManager Pro 40 Figure 9.39: Service Details in the Asset Information window

41. Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 9: MYOB AssetManager Pro 41 Figure 9.40: Asset List window after entering a header and an asset

42. Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 9: MYOB AssetManager Pro 42 Figure 9.41: Asset C0002 now included in Low-Value Pool Included in Low-Value Pool

43. Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 9: MYOB AssetManager Pro 43 Figure 9.42: Voluntary disposal of an asset

44. Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 9: MYOB AssetManager Pro 44 Figure 9.43: Asset with no value written off

45. Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 9: MYOB AssetManager Pro 45 Figure 9.44: Revaluation of an asset

46. Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 9: MYOB AssetManager Pro 46 Figure 9.45: Transaction to be deleted is selected Highlight transaction to be deleted and click on the Delete button

47. Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 9: MYOB AssetManager Pro 47 Figure 9.46: Asset List window after additions and deletions

48. Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 9: MYOB AssetManager Pro 48 Figure 9.47: Change in Private Use of an asset from 10% to 15%

49. Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 9: MYOB AssetManager Pro 49 Figure 9.48: A new Header created for grouping assets

50. Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 9: MYOB AssetManager Pro 50 Figure 9.49: Asset transferred to new group header C0014

51. Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 9: MYOB AssetManager Pro 51 Figure 9.50: Service log entry for Holden Commodore

52. Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 9: MYOB AssetManager Pro 52 Figure 9.51: Asset Inquiry window – assets sorted by Asset ID

53. Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 9: MYOB AssetManager Pro 53 Figure 9.52: Report Filters for printing depreciation journal for July

54. Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 9: MYOB AssetManager Pro 54 Figure 9.53: Depreciation Journals Report for July 2003

55. Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 9: MYOB AssetManager Pro 55 Figure 9.54: General journal entry for depreciation on computers

56. Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 9: MYOB AssetManager Pro 56 Figure 9.55: Cheque for the purchase of a computer