Course Description

This course describes the skills and knowledge required to modify and operate an integrated computerised accounting system. This is generally under supervision and encompasses processing transactions within the system, maintaining the system, producing reports and ensuring system integrity.

This course is designed for individuals employed in a range of work environments. They may work across all sectors of the financial services industry and other industry organisations using MYOB accounting software.

 MYOB is widely used in many job roles in both small and medium businesses and accounting firms. These job roles include; accounting, bookkeeping, accounts receivable and payable, payroll and inventory management.

After successfully completing this course the candidate will be able to;

·set up an organisation's chart of accounts by modifying an established integrated financial software system,

·interpret and apply organisational policies and procedures ,

·implement an integrated accounting system ensuring integrity of the data,

·process transactions within the integrated system and

·generate reports and  maintain the integrated system

Skills Covered

The course enhances the skills and knowledge required to modify and operate an integrated computerised accounting system (MYOB). This includes various day-to-day business transactions within the MYOB software such as petty cash, purchase and sale of stock, purchase invoices, purchase orders, sales, sales invoices, sales orders, supplier payments, bank reconciliation, cash sales and deposits, cheque payments, commission, credit card payments, customer payments, discounts, funds transfers, inventory stock take, loans and withdrawal of stock and assets by the owner.

This course covers the following key areas:

·Accessing the Software & Introduction to MYOB

·Setup Banking Command Centre 

·Bank Register, Undeposited Funds, Bank Reconciliation & Petty Cash

·Sales Command Centre

·Purchases Command Centre

·Contra Entries

·Consolidation activities

·Perpetual inventory system

·Cash sales and purchases & Quotes, orders and backorders

·Additional MYOB Features

Accredited Courses FNSACC406 Set up and operate a computerised accounting system