Archive for October, 2009

For a lot of people spending whole days out of the office on training courses simply isn’t an option – they’re far too busy running their business! But this doesn’t take away the need for training or up-skilling.

They only take half a day & focus on critical issues using demonstrations, slides, real examples and discussion. Attendees can take away what they learn and immediately apply it to their own business+ bring their own questions. Seminars are delivered by some of NZ’s most experienced and qualified MYOB’ practitioners who themselves are small business owners. Generally there are less than 8 participants.

9 reasons to attend?

1. Keep up to date with best-practice techniques using MYOB software
2. Prepared and delivered by experienced MYOB Certified Consultants
3. Discounts on upgrades on new software
4. Prepared and delivered by experienced MYOB Certified Consultants
5. Practical presentations with demos and discussion
6. Free one-on-one follow up consultation available
7. Centrally located (Newmarket) with free parking
8. Morning sessions (only 3 hours)
9. Low cost
10. Fun!

Upcoming October Sessions

• Accounting for Non-Accountants -  Thu 8th Oct (9-1pm) $240+GST
• MYOB: Fixing the Common Problems – Fri 9th Oct $197+GST
• MYOB Payroll: Fix Problems & Legislation Update – Tue 13th Oct $197+GST
• MYOB: A Beginners Guide – Thur 15th Oct (9-3pm) $320+GST
• Process Accounts Faster with MYOB software – Fri 16th Oct $197+GST

A question from Kate

I have two questions I am unable to answer regarding this system.

1) How does the Accounts Receivable journal links with other accounting information (ie bank reconciliation, sales, reports)?

2) How does the Accounts Payable system link with other systems within the chart of accounts?

The answer to this boils down to MYOB’s famous linked accounts. When MYOB is first setup for a business, we ensure the correct general ledger accounts are selected as the linked accounts. This ensures that when a transaction is entered, the debit and/or credit sides are correct. View the linked accounts in your company file by selecting, Setup, Linked Accounts.

The linked accounts for sample company, Clearwater are pictured below:

Accounts & Banking Linked Accounts

Sales Linked Accounts

Purchase Linked Accounts

Warning! The linked accounts are critical to the integrity of your general ledger. I suggest you don’t change them unless you know what you are doing!

With regard to reports from sales & purchases, they pull infomation from the data entered with sales reports confined to sales/GL information and purchases confined to purchases/GL information.#adp01