Join Elizabeth Haverfield for an in-depth discussion in this video Overview of spending money from the cheque account, part of MYOB AccountRight Essential Training.
- View Offline
- Exercise Files
The Banking Command Center allows a business…to record cash received and cash paid transactions.…There are two methods of entering money that is being…spent either through Spend Money or through the Bank Register.…In this chapter, we will focus on the Spend Money function.…This function can be used to enter cash payments.…For example, writing a check to pay an electricity bill and…also for paying things that do not involve an actual check.…For example, recording bank charges from a bank statement or…paying rent for a business premise via a direct debit.…
These payments can be set up to…be automatically deducted from a bank account.…The Bank Register can also be used to enter these payments.…One advantage of this method is multi-tasking as this screen allows you…to enter a transaction whilst reviewing…a previous transaction stored in the register…at the same time.…We will learn how to use a great feature called Save Recurring Transactions.…This feature stores a template of frequently used transactions.…For example, paying your rent or your phone bills.…
- 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
- Mark as unwatched
- Mark all as unwatched
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.Cancel
Take notes with your new membership!
Type in the entry box, then click Enter to save your note.
1:30Press on any video thumbnail to jump immediately to the timecode shown.
Notes are saved with you account but can also be exported as plain text, MS Word, PDF, Google Doc, or Evernote.