Join Elizabeth Haverfield for an in-depth discussion in this video Case study overview, part of MYOB AccountRight Reporting Necessities.
We will start this course with some information about our case study business.…It will be using an MYOB AccountRight data…file for Carol's Cleaning owned by Carol Sheen.…Carol's Cleaning is a small cleaning business whose…main services are general, window, carpet, and floor cleaning.…The business also sells window, carpet, and stain removal products.…Carol's Cleaning uses an accrual accounting system,…where all the sales both cash and credit, and all the…expenses both paid and unpaid, are entered into the data file.…
The accrual system results in more accurate reporting…for business trends, but involves more data entry.…The alternative is to use a cash…accounting system, which means that only cash that…is actually being received, and payments that…are actually made, are entered into MYOB AccountRight…data file.…Bills from suppliers are only entered when the account is paid.…When using a computerized accounting software package like…MYOB AccountRight, it makes double-sided bookkeeping so easy.…
Double-sided bookkeeping tracks where the money came…
- Installing MYOB
- Opening an existing data file
- Setting up tax codes
- Setting reporting preferences
- Saving filters and settings
- Editing and deleting customized saved reports
- Reviewing commonly used reports
- Completing a Business Activity Statement (BAS)
Skill Level Appropriate for all
1. Getting Started with MYOB
2. Report Features
3. Commonly Used Reports
4. Completing a Business Activity Statement
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