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Reviewing customer payments

From: MYOB AccountRight 2013 Essential Training

Video: Reviewing customer payments

In this video, we will look at the two The transaction journal keeps a record of all receipts. Again, let's check invoice double zero three for Harris Lawyers.

Reviewing customer payments

In this video, we will look at the two methods that can be used to review the customer payments. The transaction journal, and the sales register. The transaction journal keeps a record of all receipts. In the following example, Carols can't remember if Harris Lawyers paid $550. To find out, let's look at the receipts in the receipts transaction journal. From the sales command center, click onto Transaction Journal, click onto the Receipts tab, and set your date range from the 1st of January, 2015 to the 31st of January, 2015.

Once within the Receipts Transaction Journal, all of the transactions are listed in date and ID order. We can see the receipt number three for Harris Lawyers. Clicking onto it or double clicking, we can open up the payment and see that it has been applied against invoice number three. Clicking cancel returns back to the transaction journal, and click close returns to the command center. The second method we can use to view if an invoice is opened or closed, is through the sales register.

Again, let's check invoice double zero three for Harris Lawyers. From the sales command center, click onto the Sales Register. The original invoice double zero three was dated back in December 2014, as it was one of the historical sales we entered when setting up the data file. We therefore need to change the date range to be the 1st of December 2014 to the 31st of January 2015. All the different invoices appear in the screen. Looking down the list, locating invoice number three and across to the right, the status says that it's being closed, so the payment has been applied.

Click onto Closed Invoices to see that invoice number three for $550 was closed on the 29th of January. Let's click close to return to the command center.

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This video is part of

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MYOB AccountRight 2013 Essential Training

65 video lessons · 594 viewers

Elizabeth Haverfield
Author

 
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  1. 2m 40s
    1. Welcome
      43s
    2. The benefits of AccountRight Live in the cloud
      1m 57s
  2. 29m 5s
    1. Case study overview
      4m 30s
    2. Creating a company file
      4m 0s
    3. Opening an existing data file
      1m 25s
    4. Understanding libraries and where your data file is stored
      3m 20s
    5. Setting up user access and passwords
      4m 59s
    6. Setting up preferences
      3m 5s
    7. Navigating the MYOB AccountRight Command Centre
      4m 34s
    8. Setting up tax codes
      1m 38s
    9. Using the Help Centre
      1m 34s
  3. 17m 49s
    1. Designing the Accounts Lists
      2m 44s
    2. Changing account details
      3m 19s
    3. Creating an account
      1m 53s
    4. Moving accounts to different levels
      57s
    5. Deleting an account
      1m 19s
    6. Linking accounts
      3m 42s
    7. Entering account opening balances
      2m 50s
    8. Viewing and printing a Trial Balance report
      1m 5s
  4. 14m 12s
    1. Overview of cards
      1m 12s
    2. Adding customer cards
      6m 49s
    3. Adding supplier cards
      5m 2s
    4. Deleting cards
      1m 9s
  5. 6m 0s
    1. Searching and finding cards
      1m 49s
    2. Customer historical balances
      3m 30s
    3. Supplier historical balances
      41s
  6. 8m 28s
    1. An overview of reconciling
      1m 43s
    2. Preparing for initial bank reconciliation
      3m 49s
    3. Performing the initial bank reconciliation
      2m 56s
  7. 5m 25s
    1. The importance of backing up
      1m 18s
    2. Backing up a company data file
      1m 44s
    3. Restoring a company data file and closing a data file
      2m 23s
  8. 16m 29s
    1. Various ways of spending money
      1m 36s
    2. Banking preferences
      1m 50s
    3. Recording Spend Money transactions
      1m 54s
    4. Memorizing frequently used transactions
      3m 28s
    5. Recording bank charges
      3m 27s
    6. Viewing transactions
      4m 14s
  9. 26m 19s
    1. An overview of invoicing
      1m 27s
    2. Sales preferences
      3m 55s
    3. Creating service invoices
      8m 55s
    4. Creating service quotes and orders
      5m 14s
    5. Changing the status of sales
      4m 48s
    6. Viewing sales information
      2m 0s
  10. 9m 21s
    1. Ways of recording payments
      1m 5s
    2. How much do customers owe?
      1m 46s
    3. Recording full customer payments
      1m 30s
    4. Recording a partial customer payment
      1m 10s
    5. Reviewing customer payments
      2m 3s
    6. Customer statements
      1m 47s
  11. 20m 19s
    1. Types of purchase transactions
      1m 38s
    2. Purchase preferences
      3m 10s
    3. Entering purchase orders and converting them to bills
      4m 29s
    4. Recording bills to be paid
      2m 43s
    5. Viewing supplier balances
      2m 16s
    6. Paying bills
      3m 4s
    7. Sending remittance advices
      55s
    8. Finding purchase transactions
      2m 4s
  12. 4m 29s
    1. Recording cash sales
      2m 42s
    2. Viewing cash receipts
      1m 47s
  13. 12m 31s
    1. Why reconcile?
      1m 36s
    2. Preparing a bank deposit
      3m 32s
    3. Matching transactions, entering interest, and reconciling the account
      6m 2s
    4. Printing the reconciliation report
      1m 21s
  14. 7s
    1. Next steps
      7s

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