MYOB Setting Up (1 Day)
Brief Outline:
MYOB is a powerful accounting tool for managing the finances of your business. In this course you will learn the important features of how to set up your company file so that the everyday transactions are managed by the program.
Learn about tricky aspects of GST and effective ways to setup the BAS (Business Activity Statement) form meaning less headache for you!
You will learn how to set the preferences for MYOB so that it works the way you want it to, and to check your company set up and ensure that all the ‘behind-the-scenes’ transactions work correctly.
The small class sizes allow you to ask specific questions that relate to the setting up of your business and its day-to-day management. You will create an example of a typical business file or you can create your own business file to take away.
Detailed Outcomes:
By the end of your learning, you will be able to:
- Describe the MYOB screen.
- Set up your company information.
- Set up your company's chart of accounts.
- Set up GST tax codes to cover the different sections of the BAS form.
- Set up defaults to quickly update all customers, suppliers and items for GST.
- Enter account opening balances.
- Set up the Card File.
- Enter receivables and payables balances.
- Set up inventory.
- Set up linked and control accounts.
- Check your company set up.
- Back up and restore data files.
- Adapt MYOB for your business.
Recommended Prior Experience (Prerequisites):
No experience in using MYOB is required nor assumed. Participants are expected to have a sound knowledge of and experience with a Windows PC.
Dates & Bookings ► | Manuals for Sale ► | Daily Processing ►
MYOB Daily Processing (1 Day)
Brief Outline:
Would you like to learn the the day-to-day activities of running a business?
In this course you will learn how easy it is to enter sales invoices, cash sales, recurring sales, cheques, bills and more. You will also cover customer payments, banking, paying bills, paying expenses and stock ordering.
Master tricky GST transactions as well as private/business transactions. Learn about the BASLink application and BAS (Business Acitivity Statement) form. Bank reconciliation, financial reporting, backing up and other end-of-month procedures are among the important skills you will cover in the course.
You will learn how to use MYOB for typical day-to-day business transactions.
Detailed Outcomes:
By the end of your learning, you will be able to:
- Enter transactions (sales invoices, orders, bills, cheques, etc).
- Enter GST tax codes into your transactions.
- Print invoices, orders and statements.
- Use shortcuts and ‘Recurring Transactions'.
- Enter customer payments and cash sales.
- Carry out bank deposit and withdrawal transactions.
- Enter bill payments and cash expense transactions.
- Reconcile bank accounts and statements.
- Reverse and delete errors.
- Print reports (P&L, Balance Sheet, etc).
- Complete the BAS at the end of the quarter or month.
- Carry out end-of-month and end-of-year procedures.
Recommended Prior Experience (Prerequisites):
No experience in using MYOB is required nor assumed. Participants are expected to have a sound knowledge of and experience with a Windows PC.
Dates & Bookings ► | Manuals for Sale ► | Payroll ►
MYOB Payroll (1 Day)
Brief Outline:
In our comprehensive course, you learn how to set up and manage your payroll. This includes creating employees details, setting up rates of pay, taxes, deductions, employer expenses and entitlements.
You will learn how to apply tricky entitlements and employer expenses, such as wage and salary advancements, bonuses and much more. Learn how to work with timesheets, payroll reports and more.
With our small class size, you can ask specific questions that relate your business and its day-to-day management of payroll. You will use features of payroll in the hands-on exercises and will learn how to apply the work to your own situation.
Detailed Outcomes:
By the end of your learning, you will be able to:
- Describe the different parts of managing payroll.
- Set up employee information, payroll rates of pay, wages and salaries, taxes, deductions, expenses and entitlements.
- Link payroll accounts to the chart of accounts.
- Update payroll history and open balances for employees.
- Write paycheques and use timesheets.
- Analyse employee accrued entitlements.
- Produce various payroll reports.
- Design Payslips and comply with ATO regulations.
- Pay Group Tax and other expenses and deductions.
- Produce and print PAYG Summaries.
Recommended Prior Experience (Prerequisites):
No experience in using MYOB is required nor assumed. Participants are expected to have a sound knowledge of and experience with a Windows PC.
Dates & Bookings ► | Manuals for Sale ► | Advanced Data Entry & Reporting ►
MYOB Advanced Data Entry & Reporting (1 Day)
Brief Outline:
Would you like to know if your business is making any money? Find out if your data is correct and learn about ways to protect it? This is an integrated and fun hands on course, teaching you how to make the most of data entry and reporting in MYOB.This course contains plenty of data entry shortcut tips to save you time and money!
Detailed Outcomes:
By the end of your learning, you will be able to:
- Check your MYOB setup, accounts, GST, etc
- Use shortcuts and minimise errors for data entry
- Enter tricky transactions; For example:
- Combined GST and GST-free transaction
- Combined business and private transaction
- Credit card purchases and payments
- Bank loans and entering repayments
- Jobs to track work and different departments
- Many others
- Use Advanced Find features to search for data
- View out-of-balance reports and fix errors
- Customise, view and interpret important reports
- Use MYOB’s Data Auditor
- Set up and complete the BAS correctly
- Set up users and restrict access to some functions
- Back up and restore files correctly
Recommended Prior Experience (Prerequisites):
CLASS Training Setting Up or Daily Processing Course, or proven experience with MYOB.
Dates & Bookings ► | Manuals for Sale ► | End of Financial Year ►
MYOB End of Financial Year (Half Day)
Brief Outline:
This half-day course covers the important steps in preparing your file for end-of-year processing by your accountant. Learn how to find errors and then learn the correct way to fix them in the hands-on exercises.
You can bring along your specific issues or even bring along your file so the trainer can assist you with your relevant queries.
Detailed Outcomes:
By the end of your learning, you will be able to:
- Reconcile Bank Accounts.
- View Sales and Purchases Register and make adjustments correctly.
- Reconcile Accounts Receivable.
- Reconcile Accounts Payable.
- Reconcile Inventory.
- Reconcile GST.
- Reconcile Payroll.
- Make adjustments to transactions correctly.
- View & Print Reports.
- Backup Your File & Send to the Accountant.
- Setup Multiple Passwords.
Recommended Prior Experience (Prerequisites):
CLASS Training Setup Course or Daily Processing Course, or proven experience with MYOB.
Dates & Bookings ► | Manuals for Sale ►