MYOB Bookkeeping - 4 Weeks Course
The skills and knowledge covered in this course are sufficient to open and create a new company file, create supplier and customer cards, process sales and purchases, create an inventory control system, payroll, BAS reporting and functions.
Learning Objectives:
At the completion of this courseware participants will be able to:
- Start, navigate around and exit from MYOB
- Use MYOB's help system to obtain assistance
- Create a new company file in MYOB
- Modify a chart of accounts to suit specific business needs
- Enter account opening balances into a new company file
- Enter historical balances for customers and suppliers
- Enter customer and supplier details into MYOB's card file
- Setup inventory for a new company file
- Make purchases from suppliers
- Pay for purchases that have been made from suppliers
- Make sales to customers
- Deal with more complex invoicing matters
- Record customer payments
- Work with inventory on a day-to-day basis
- Write cheques to make payments
- Perform a bank reconciliation
- Produce a variety of business related reports
- Understand how MYOB is used to track GST
Inclusive of three electives:
MS Excel (Elective 1)
- Work with one or more workbooks at once
- Understand basic cell referencing
- Use the fill technique to enter data into cells
- Use names and labels
- Use basic logical function
- Sort data in lists
- Use basic graphs and formatting
Payroll Intensive (Elective 2)
- ATO registration and paperwork
- Withholding declarations and tax file number declarations
- Status of employees, employee or contractor?
- Recordkeeping requirements
- Hiring staff, what you must check
- ATO reasonable allowances
- Pay as you go (PAYG) payment summaries
- Employee reimbursements
- Deductions (such as employee purchases and child support)
- PAYG withholding responsibilities
- Register for withholding
- Determining which payments to withhold from
- Reportable superannuation contributions
- Implications of Higher Education Loan Program (HECCS & HELP)
- Working out how much to withhold including PAYG variations
- Reporting to and paying the ATO
- Employee annual payment summaries
Business Activity Statement (BAS) (Elective 3)
- Total sales in a tax period , for monthly, quarterly and annual reporting
- GST collected on supplies and paid on purchases (monthly, quarterly and annually)
- PAYG withholding
- Varied PAYG installment methods
- Varied FBT installment amounts
- The lodgment requirements for monthly, quarterly and annual GST payers
- The difference between cash and non-cash accounting
- Options for PAYG installment payers
- What information needs to be included for small, medium and large withholders on the BAS
Target Audience:
This course is designed primarily for people who have no MYOB experience. This course aims to build awareness and confidence in using the MYOB software program, and to educate the participant of the application of such package. Key focus of the program is to educate the front-line user of MYOB accounts, payable & receivable function. Navigating through MYOB & generating reports. Participants must have previous computer (Windows) experience.
Duration
4 Weeks
Online and in-person available
Courseware:
High quality learning materials including real life sample exercise and function instructions will be provided. Participants will also be presented with a certificate of achievement upon completion of the course.
Course Fees
$610 + GST
To Find out more please call (02) 96350015 or email support@works4you.com.au