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.…
Author
Elizabeth Haverfield
Released
8/13/2013- 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
Duration
Views
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/
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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 40s
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Creating a company file4m 2s
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Setting up preferences3m 50s
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Using the Help Centre1m 43s
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2. Working with the Accounts List
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Designing the Accounts Lists2m 31s
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Changing account details1m 42s
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Creating an account2m 4s
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Deleting an account1m 14s
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Linking accounts3m 21s
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3. Adding Cards
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Overview of cards1m 7s
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Adding customer cards7m 6s
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Adding supplier cards4m 57s
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Deleting cards1m 13s
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Searching cards1m 55s
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4. Entering Historical Balances
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5. Performing an Initial Bank Reconciliation
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6. Backing Up and Restoring a Company Data File
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7. Spending Money from the Cheque Account
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Banking preferences2m 47s
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Recording bank charges2m 51s
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Viewing transactions3m 10s
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8. Invoicing a Service Customer
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Sales preferences3m 23s
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Creating service invoices6m 33s
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Viewing sales information1m 33s
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9. Recording Customer Payments
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How much do customers owe?3m 15s
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Customer statements1m 13s
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10. Entering and Paying Bills
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Purchase preferences4m 13s
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Recording bills to be paid1m 57s
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Viewing supplier balances2m 36s
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Paying bills1m 33s
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11. Receipting Cash Sales
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Recording cash sales2m 1s
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Viewing cash receipts1m 8s
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12. Reconciling the Cheque Account
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Viewing the cash receipts1m 24s
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Preparing a bank deposit3m 12s
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Bank charges and interest2m 10s
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Conclusion
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Next steps1m 56s
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Video: Challenge: More Spend Money payments