This workbook contains many consolidation exercises and also notes on the concept of GST and double-entry bookkeeping rules. The Business Activity Statement is prepared using the data entered after reconciling and checking data entered. You then learn how to set up a data file from scratch, enter opening balances and revise the entering of transactions and carry out reconciliations. A variety of reports are printed to expose the user to a number of basic reports which can be used to analyse the business. ![]() End of financial year transactions including journal entries are entered. The customising of invoices is also covered. Reconciliation of bank accounts, debtors and creditors is carried out. How to deal with dishonoured cheques, overpayments, cash discounts and refunds is also covered. ![]() You then learn how to enter data including cash receipts and payments, sales invoices, customer payments, purchase invoices and supplier payments. ![]() You start the workbook by exploring a data file already set up to become familiar with the various Command Centres. Preface MYOB ® for Beginners using MYOB Accounting v18 This workbook has been written to cover all the basic information on how to use MYOB Accounting, using version 18.
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