Join Elizabeth Haverfield for an in-depth discussion in this video Solution: Accounts and opening balances, part of MYOB AccountRight Essential Training.
Chapter 3 Challenge Solution Accounts and Opening Balances.…Once the challenge is completed, you can view the required solution of the PDF,…Trial Balance Report in the Exercise folder…named Trial Balance, end of Chapter 3 Challenge.…Let's take a look together at the solution.…Ensure that your debits equal your credits, it's…one of the most important things of the…trial balance.…You have now entered all the opening balances…for Carol's Cleaning to commence the data entry.…
- 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
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/
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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