
MYOB (Beginner & Advanced)
Course Description
The most popular accounting software course - MYOB training
Course Objective
By the end of this workshop, participants will be able to:
- Use MYOB computerised accounting software to perform day-to-day accounts
- Understand the basics and need for Accounting
- Understand the glossary of accounting terms
- Explain and understand the concept of double-entry (debits and credits) and what is meant by ‘books must be balanced’
- Understand what are financial statements
- Relationship between all accounts and the financial statements (how and which category do they fall into)
- Understand AR and AP
- Use MYOB computerised accounting software to:-
- Use the multi-currency function to keep accounts
- Prepare budgets
- Set up jobs to track projects P&L
- When and how to record general journals
- Understand accruals, prudence and matching concepts, as well as other accounting principles
- Understand interaction between Inventories and related accounts
- Provide for depreciation, bad debts and other entries
- Understand and interpret financial statements
- Submit GST returns to IRAS and the relevant accounting entries
Target Audience
Non-Accounting graduates who would like to be able to keep and manage a full set of accounts.
Accounts and Admin Assistants/Executives, Bookkeepers, Accountancy students and anyone who has an interest in Accounts.
Methodologies
Hands on and real life scenarios and documents