Course 502: Day-to-Day Transactions using MYOB

Course Topics

MYOB Sales Module

MYOB Main Command Centre screen, MYOB Sales Command Centre screen, MYOB sales layouts, entering items, changing item information, changing payment terms, entering a service invoice, time-billing and printing, creating a sales quote, creating a sales order, converting quote to order, converting order to invoice, convert order to invoice in sales register, MYOB invoicing, inserting & deleting lines & headings

Finding Transaction Details in MYOB

MYOB Sales register, transaction Journal, to do list navigation, to do list – AR and AP, intro to statements, intro to find transactions, find transactions in detail, find MYOB invoices, keyboard shortcuts, receive payments and pay bills, custom lists in sales & purchases

Email and Print Invoices and Statements

Printing receipts, print or email an invoice, printing unprinted invoices, emailing or printing statements, email or print activity statements, invoice vs activity statements, MYOB sales by email

Credits, Bad Debts and Reversals

Recording a cash sale, entering credits, settling credits and returns, bad debts, deleting payments & sales, reversing transactions, creating a card on the fly, creating an inventory item

Receipts and Part Payments

Apply a payment while invoicing, receive payments account, receive payments for an invoice, receive part payments, receive over payments

Purchases Module

Receive money for MYOB sales and pay bills, creating a purchase, creating a purchase order, converting purchase order to bill, create an item credit, purchases register, settling credits, reverse or edit a purchase, how much do you owe, payment for purchases, analyse payables

Banking Module

Intro to bank register, spend money, receive money and how MYOB software is used as a cashbook for small businesses.

Who would do this MYOB training?

The MYOB Day-to-Day Transactions Course is one of the most popular MYOB training courses because it covers the topics that most people need to do every day. Many business owners learn these skills so they have a better understanding of what they accountant or bookkeeper does. It also means the business owner is better equipped to hire the right person.

This course is also very valuable for those seeking bookkeeping work because it contains the bulk of the work that needs to be done in a business each day and every week. This course covers the income as well as the purchase and payment transactions and it’s at this level that you track your GST payments made and collected.

We include a lot of time on the sales and purchases modules to help the business keep track of the money owed and the money owing. We also show you the importance of keeping all Sales transactions within the sales module (like when a customer pays). The other type of transaction we go through is the banking transaction which is a form of cash accounting and does help you keep track of monies that are owed or owing.

What you’ll learn:

Setting up customer and supplier cards and payment terms,
Finding historical entries, getting debtors reports and payment options
Creating inventory items
Follow the process of a wholesaler buying products, warehousing the stock, selling on account and collecting money