Join Elizabeth Haverfield for an in-depth discussion in this video Challenge: More Spend Money payments, part of MYOB AccountRight Essential Training.
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- Exercise Files
Chapter 8 Challenge More Spend Money Payments.…Continuing on with your data file Carol's cleaning/g, you now…have the opportunity to enter more payments using Spend Money.…The activities in the pdf provided in the Exercise folder named…Chapter 8 Challenge Entering More Payments Using Spend Money can be used.…In this challenge, you will enter some Spend Money transactions and will…necessary create new supplier cards.…Ensure you select the correct account code for each transaction.…
We have one for Telstra for $220, another one for Telstra for $98, and…a recurring entry needs to be set up for Internet World for the broadband account.…Enter the following recurring entry for the NAB Bank fees and…record the payment for the 1st of January, then the recurring entry in February.…Finally, produce a transaction journal report for…the dates range the 1st of January…to the 28th of February to check all your entries against the solution provided.…
You are now ready to view solution in the transaction journal report.…
- 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
Skill Level Beginner
1. Getting Started with MYOB
2. Working with the Accounts List
3. Adding Cards
4. Entering Historical Balances
5. Performing an Initial Bank Reconciliation
6. Backing Up and Restoring a Company Data File
7. Spending Money from the Cheque Account
8. Invoicing a Service Customer
9. Recording Customer Payments
10. Entering and Paying Bills
11. Receipting Cash Sales
12. Reconciling the Cheque Account
Next steps1m 56s
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