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Chapter 1: Introduction to MYOB Accounting Plus 1-1 PPT slides t/a Computer Accounting using MYOB Business Software 8e by Neish and Kahwati Chapter 1: Introduction to MYOB Accounting Plus Computer Accounting using MYOB Business Software 8e

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Page 1: PPT slides t/a Computer Accounting using MYOB Business Software 8e by Neish and Kahwati Chapter 1: Introduction to MYOB Accounting Plus1-1 Chapter 1: Introduction

Chapter 1: Introduction to MYOB Accounting Plus 1-1

PPT slides t/a Computer Accounting using MYOB Business Software 8e by Neish and Kahwati

Chapter 1: Introduction to MYOB Accounting Plus

Computer Accounting using MYOB Business Software

8e

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PPT slides t/a Computer Accounting using MYOB Business Software 8e by Neish and Kahwati

Figure 1.1: The Accounts command centre options

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PPT slides t/a Computer Accounting using MYOB Business Software 8e by Neish and Kahwati

Figure 1.2: An example of a To Do List for accounts payable

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PPT slides t/a Computer Accounting using MYOB Business Software 8e by Neish and Kahwati

Figure 1.3: An example of using Find Transactions on a general ledger account

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Figure 1.4: The Setup drop-down menu

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Figure 1.5: The List drop-down menu and Payroll Categories sub-menu

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PPT slides t/a Computer Accounting using MYOB Business Software 8e by Neish and Kahwati

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

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Figure 1.7: User not allowed access to Banking command centre functions

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PPT slides t/a Computer Accounting using MYOB Business Software 8e by Neish and Kahwati

Figure 1.8: Security Preferences window

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PPT slides t/a Computer Accounting using MYOB Business Software 8e by Neish and Kahwati

Figure 1.9: System Preferences window

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Figure 1.10: Preferences window for Reports and Forms

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PPT slides t/a Computer Accounting using MYOB Business Software 8e by Neish and Kahwati

Figure 1.11: Windows Preferences

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PPT slides t/a Computer Accounting using MYOB Business Software 8e by Neish and Kahwati

Figure 1.12: Selecting a Purchase Invoice from the Transaction Journal

Detail Arrow

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PPT slides t/a Computer Accounting using MYOB Business Software 8e by Neish and Kahwati

Figure 1.13: List of Quotes in the Purchases Register

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PPT slides t/a Computer Accounting using MYOB Business Software 8e by Neish and Kahwati

Figure 1.14: Quote received from Marbuk Imports

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PPT slides t/a Computer Accounting using MYOB Business Software 8e by Neish and Kahwati

Figure 1.15: The Company Information Window

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Figure 1.16: General journal entry

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Figure 1.17: Recap Transaction window for a general journal entry

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PPT slides t/a Computer Accounting using MYOB Business Software 8e by Neish and Kahwati

Figure 1.18: Item selected from a list

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Figure 1.19: A Bill for the purchase of items on credit

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Figure 1.20: Recap Transaction window for an item purchase

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Figure 1.21: A new sale invoice for items sold on credit

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Figure 1.22: Recap Transaction window for sale of inventory items

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Figure 1.23: Payment received from a customer (put into Undeposited Funds)

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Figure 1.24: Cheque received now deposited at bank

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Figure 1.25: Payment to a supplier

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Figure 1.26: Cheque used to pay electricity account

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Figure 1.27: Standard Balance Sheet selected as the report to print

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Figure 1.28: Report Customisation—Advanced Filters for a balance sheet

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Figure 1.29: Report Customisation—Finishing options for a balance sheet

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Figure 1.30: Periodic v perpetual inventory systems—retailer

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PPT slides t/a Computer Accounting using MYOB Business Software 8e by Neish and Kahwati

INVOICEAccount 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)

Figure 1.31: Recording an invoice in an integrated system

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PPT slides t/a Computer Accounting using MYOB Business Software 8e by Neish and Kahwati

Order Invoice

Sales Journal

Stock Journal

General Ledger

Acc. Rec. Ledger

General Ledger

Stock Ledger

Figure 1.32: Manual steps in accounts receivable/inventory system

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PPT slides t/a Computer Accounting using MYOB Business Software 8e by Neish and Kahwati

Enter Order

(computer operations)Enquiries & Reports

Figure 1.33: Manual steps in computerised accounts receivable/inventory system

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PPT slides t/a Computer Accounting using MYOB Business Software 8e by Neish and Kahwati

General Ledger

Cash Receipts and Payments

Sales and Receivables

Accounts Rec. Ledger

Inventory Records

Purchases and Payables

Accounts Pay. Ledger

Payroll

Figure 1.34: Module integration in an accounting package