Join Elizabeth Haverfield for an in-depth discussion in this video Recording cash sales, part of MYOB AccountRight Essential Training.
Many service businesses need to record money coming in from the…sales of goods and services which are paid for in cash.…Entering a received money transaction using the Bank Register…is the fastest method of receipting the sales and money.…Carol's Cleaning needs to record their weekly cash…sale amounts from a cash drawer in MYOB AccountRight.…So, let us learn how this is done. From the Banking Command Center,…click onto Bank Register.…The account on the top left-hand corner needs to be the NAB check account and…the date range needs to be the 1st of January through to 31st of January.…
Down towards the bottom, the type of the account needs to be Received Money.…The ID cash receipts number is…automatically rolled over to the next number.…Our date…needs to be the 7th of January and our card is going to be a new card, Cash Sales.…Click New to add a new customer card.…Press Tab to populate the fields.…At this stage, we only need to click OK. There's no details to add.…
Tab over to the Amount twice and in the Amount, type 124.50.…
- 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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