Start your free trial now, and begin learning software, business and creative skills—anytime, anywhere—with video instruction from recognized industry experts.

Start Your Free Trial Now

Solution: Customer payments


From:

MYOB AccountRight Essential Training

with Elizabeth Haverfield

Video: Solution: Customer payments

Chapter 10, Challenge Solution, Customer Payments. To view the solution, view the cash receipts journal. You will see a total of $2,660 on the debit and credit side. If you don't have this figure, print out this report and check each entry for the value, and also the account that it's being deposited into.
Expand all | Collapse all
  1. 2m 36s
    1. Welcome
      45s
    2. Installing MYOB onto a Windows or Mac computer
      53s
    3. Using the exercise files
      58s
  2. 22m 21s
    1. Case study overview
      4m 40s
    2. Creating a company file
      4m 2s
    3. Setting up preferences
      3m 50s
    4. Navigating the MYOB AccountRight Command Centre
      4m 10s
    5. Viewing the setup of tax codes
      2m 32s
    6. Opening an existing data file
      1m 24s
    7. Using the Help Centre
      1m 43s
  3. 16m 43s
    1. Designing the Accounts Lists
      2m 31s
    2. Changing account details
      1m 42s
    3. Creating an account
      2m 4s
    4. Moving accounts to different levels
      57s
    5. Deleting an account
      1m 14s
    6. Linking accounts
      3m 21s
    7. Entering account opening balances
      2m 29s
    8. Viewing and printing a Trial Balance report
      57s
    9. Challenge: Accounts and opening balances
      54s
    10. Solution: Accounts and opening balances
      34s
  4. 17m 50s
    1. Overview of cards
      1m 7s
    2. Adding customer cards
      7m 6s
    3. Adding supplier cards
      4m 57s
    4. Challenge: Creating cards
      1m 0s
    5. Solution: Creating cards
      32s
    6. Deleting cards
      1m 13s
    7. Searching cards
      1m 55s
  5. 3m 56s
    1. Customer historical balances
      2m 9s
    2. Supplier historical balances
      25s
    3. Challenge: Entering customer historical balances
      50s
    4. Solution: Entering customer historical balances
      32s
  6. 7m 53s
    1. Overview of the initial bank reconciliation
      1m 54s
    2. Preparing for the initial bank reconciliation
      3m 59s
    3. Performing the initial bank reconciliation
      2m 0s
  7. 5m 15s
    1. Overview of backing up and restoring a company data file
      1m 14s
    2. Backing up a company data file
      2m 27s
    3. Restoring and closing a company data file
      1m 34s
  8. 21m 13s
    1. Overview of spending money from the cheque account
      1m 33s
    2. Banking preferences
      2m 47s
    3. Recording Spend Money transactions
      3m 0s
    4. Creating recurring transaction templates
      4m 17s
    5. Using a recurring transaction
      59s
    6. Recording bank charges
      2m 51s
    7. Using recurring transactions for merchant fees
      48s
    8. Viewing transactions
      3m 11s
    9. Challenge: More Spend Money payments
      1m 15s
    10. Solution: More Spend Money payments
      32s
  9. 23m 15s
    1. Overview of invoicing a service customer
      1m 26s
    2. Sales preferences
      3m 23s
    3. Creating service invoices
      6m 33s
    4. Creating service quotes and orders
      5m 40s
    5. Changing the status of sales
      3m 0s
    6. Viewing sales information
      1m 33s
    7. Challenge: Invoicing service customers
      44s
    8. Solution: Invoicing service customers
      56s
  10. 11m 39s
    1. Overview of recording customer payments
      1m 4s
    2. How much do customers owe?
      3m 15s
    3. Recording full customer payments
      1m 57s
    4. Recording a partial customer payment
      1m 1s
    5. Reviewing customer payments
      2m 0s
    6. Customer statements
      1m 13s
    7. Challenge: Customer payments
      46s
    8. Solution: Customer payments
      23s
  11. 21m 8s
    1. Overview of entering and paying bills
      1m 53s
    2. Purchase preferences
      4m 13s
    3. Entering purchase orders and converting them to bills
      5m 0s
    4. Recording bills to be paid
      1m 58s
    5. Viewing supplier balances
      2m 36s
    6. Paying bills
      1m 34s
    7. Sending remittance advices
      1m 5s
    8. Finding purchase transactions
      1m 27s
    9. Challenge: Entering and paying bills
      54s
    10. Solution: Entering and paying bills
      28s
  12. 4m 27s
    1. Recording cash sales
      2m 1s
    2. Viewing cash receipts
      1m 8s
    3. Challenge: Receipting cash sales
      46s
    4. Solution: Receipting cash sales
      32s
  13. 14m 31s
    1. Overview of reconciling cheque accounts
      1m 34s
    2. Viewing the cash receipts
      1m 24s
    3. Preparing a bank deposit
      3m 12s
    4. Matching transactions in MYOB AccountRight against a bank statement
      3m 32s
    5. Bank charges and interest
      2m 10s
    6. Reconciling the cheque account
      1m 20s
    7. Printing the bank reconciliation report
      1m 19s
  14. 1m 56s
    1. Next steps
      1m 56s

please wait ...
Watch the Online Video Course MYOB AccountRight Essential Training
2h 55m Beginner Aug 13, 2013

Viewers: in countries Watching now:

MYOB AccountRight is an accounting and inventory solution designed specifically for small businesses. Learn everything you need to know about the features of AccountRight in this course, from navigating the Command Centre to invoicing customers and processing payments. Author Elizabeth Haverfield shows you how to add opening balances, create supplier and customer records, design a service form for invoices or purchase orders, process payments, pay bills, and back up your data.

Topics include:
  • Creating a company file
  • Setting up tax codes
  • Adding accounts
  • Creating customer and supplier cards
  • Performing a bank reconciliation
  • Recording transactions
  • Invoicing a customer
  • Processing payments
  • Entering and paying bills
  • Recording cash sales
  • Reconciling check accounts
Subject:
Business
Software:
AccountRight
Author:
Elizabeth Haverfield

Solution: Customer payments

Chapter 10, Challenge Solution, Customer Payments. To view the solution, view the cash receipts journal. You will see a total of $2,660 on the debit and credit side. If you don't have this figure, print out this report and check each entry for the value, and also the account that it's being deposited into.

Find answers to the most frequently asked questions about MYOB AccountRight Essential Training .


Expand all | Collapse all
please wait ...
Q: Where can I download MYOB software? The link shown in "Installing MYOB onto a Windows or Mac computer" has expired.
A: As of 2/18/2014, you can download the software from http://partners.myob.com/EntEDU19.8/Enterprise+EDU.zip
 
Share a link to this course

What are exercise files?

Exercise files are the same files the author uses in the course. Save time by downloading the author's files instead of setting up your own files, and learn by following along with the instructor.

Can I take this course without the exercise files?

Yes! If you decide you would like the exercise files later, you can upgrade to a premium account any time.

Become a member Download sample files See plans and pricing

Please wait... please wait ...
Upgrade to get access to exercise files.

Exercise files video

How to use exercise files.

Learn by watching, listening, and doing, Exercise files are the same files the author uses in the course, so you can download them and follow along Premium memberships include access to all exercise files in the library.


Exercise files

Exercise files video

How to use exercise files.

For additional information on downloading and using exercise files, watch our instructional video or read the instructions in the FAQ .

This course includes free exercise files, so you can practice while you watch the course. To access all the exercise files in our library, become a Premium Member.

Join now Already a member? Log in

* Estimated file size

Are you sure you want to mark all the videos in this course as unwatched?

This will not affect your course history, your reports, or your certificates of completion for this course.


Mark all as unwatched Cancel

Congratulations

You have completed MYOB AccountRight Essential Training.

Return to your organization's learning portal to continue training, or close this page.


OK

Upgrade to View Courses Offline

login

With our new Desktop App, Annual Premium Members can download courses for Internet-free viewing.

Upgrade Now

After upgrading, download Desktop App Here.

Become a member to add this course to a playlist

Join today and get unlimited access to the entire library of video courses—and create as many playlists as you like.

Get started

Already a member ?

Exercise files

Learn by watching, listening, and doing! Exercise files are the same files the author uses in the course, so you can download them and follow along. Exercise files are available with all Premium memberships. Learn more

Get started

Already a Premium member?

Exercise files video

How to use exercise files.

Ask a question

Thanks for contacting us.
You’ll hear from our Customer Service team within 24 hours.

Please enter the text shown below:

Exercise files

Access exercise files from a button right under the course name.

Mark videos as unwatched

Remove icons showing you already watched videos if you want to start over.

Control your viewing experience

Make the video wide, narrow, full-screen, or pop the player out of the page into its own window.

Interactive transcripts

Click on text in the transcript to jump to that spot in the video. As the video plays, the relevant spot in the transcript will be highlighted.

Learn more, save more. Upgrade today!

Get our Annual Premium Membership at our best savings yet.

Upgrade to our Annual Premium Membership today and get even more value from your lynda.com subscription:

“In a way, I feel like you are rooting for me. Like you are really invested in my experience, and want me to get as much out of these courses as possible this is the best place to start on your journey to learning new material.”— Nadine H.

Start your FREE 10-day trial

Begin learning software, business, and creative skills—anytime,
anywhere—with video instruction from recognized industry experts.
lynda.com provides
Unlimited access to over 4,000 courses—more than 100,000 video tutorials
Expert-led instruction
On-the-go learning. Watch from your computer, tablet, or mobile device. Switch back and forth as you choose.
Start Your FREE Trial Now
 

A trusted source for knowledge.

 

We provide training to more than 4 million people, and our members tell us that lynda.com helps them stay ahead of software updates, pick up brand-new skills, switch careers, land promotions, and explore new hobbies. What can we help you do?

Thanks for signing up.

We’ll send you a confirmation email shortly.


Sign up and receive emails about lynda.com and our online training library:

Here’s our privacy policy with more details about how we handle your information.

Keep up with news, tips, and latest courses with emails from lynda.com.

Sign up and receive emails about lynda.com and our online training library:

Here’s our privacy policy with more details about how we handle your information.

   
submit Lightbox submit clicked
Terms and conditions of use

We've updated our terms and conditions (now called terms of service).Go
Review and accept our updated terms of service.