Join Elizabeth Haverfield for an in-depth discussion in this video Various ways of spending money, part of MYOB AccountRight 2013 Essential Training.
…The banking command center, allows a business…to record cash received, and cash paid transactions.…There are two methods of entering money that has been…spent, either through the Spend Money or the Bank Register windows.…In this video, 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 payments that do not involve an…actual check, like 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 multitasking,…as the screen allows you to enter…a transaction, whilst viewing all previous transactions…stored in the register, at the same time.…We will learn how to use a great feature called save recurring transactions.…This feature, stores the template, of frequently used transactions.…
Author
Elizabeth Haverfield
Released
6/12/2014- Creating a company file
- Understanding libraries and where your data is
- 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 cheque accounts
Skill Level Beginner
Duration
Views
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Introduction
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Welcome41s
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1. Getting Started with MYOB
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Case study overview4m 30s
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Setting up preferences3m 5s
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Setting up tax codes1m 38s
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Using the Help Centre1m 34s
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2. Working with the Accounts List
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Designing the Accounts Lists2m 44s
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Changing account details3m 19s
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Creating an account1m 53s
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Deleting an account1m 19s
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Linking accounts3m 42s
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3. Adding Cards
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Overview of cards1m 12s
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Adding customer cards6m 49s
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Adding supplier cards5m 2s
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Deleting cards1m 9s
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4. Entering Historical Balances
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Searching and finding cards1m 49s
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Customer historical balances3m 30s
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5. Initial Bank Reconciliation
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An overview of reconciling1m 43s
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6. Backing Up and Restoring a Company Data File
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The importance of backing up1m 18s
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7. Spending Money from the Cheque Account
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Banking preferences1m 50s
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Recording bank charges3m 27s
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Viewing transactions4m 14s
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8. Invoicing a Service Customer
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An overview of invoicing1m 27s
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Sales preferences3m 55s
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Creating service invoices8m 55s
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Changing the status of sales4m 48s
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9. Recording Customer payments
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How much do customers owe?1m 46s
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Customer statements1m 47s
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10. Entering and Paying Bills
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Purchase preferences3m 10s
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Recording bills to be paid2m 43s
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Viewing supplier balances2m 16s
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Paying bills3m 4s
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11. Receipting Cash Sales
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Recording cash sales2m 42s
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Viewing cash receipts1m 47s
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12. Reconciling the Checking Account and Bank Feeds
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Why reconcile?1m 36s
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Preparing a bank deposit3m 32s
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Conclusion
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Next steps7s
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Video: Various ways of spending money