About This Training Course

This MYOB course is designed to give you the skills to effectively use this popular accounting software package with main focus on the GST and correct procedures for recording transactions. In the afternoon this course will assist you with managing a payroll and the requirements of 1-100 employees. MYOB course demonstrates the payroll setup and day to day maintenance of employees and associated activities. The perfect solution for businesses wanting to move to an electronic employee maintenance system.

Subjects Covered

This MYOB course students will cover:

• Setting up tax codes and linked accounts
• Processing cheques and receipts (taxable and non taxable)
• Invoicing customers (taxable and non taxable)
• Checking of data files for common errors
• Purchasing taxable supplies
• Adjustments – reconciliation
• Reporting – cash versus accruals
• Setting up inventory items
• Using the program as a cashbook by tendering transactions directly from the bank statement
• Using debtors/creditors (purchases and sales)
• Completing the Business Activity Statement using reports
• Completing Business Activity Statement using BASLink
• Customising invoices
• PAYROLL
• Company and employee setup
• Loading of current tax tables
• Setup of payroll categories
• Maintenance of employee entitlements, allowances and superannuation contributions.
• Management of employer payroll expenses
• Paying of employees (casual, part time and full time)
• Processing of adjustments
• Printing of pay cheques and payslips
• Creation of EFT files to pay employees for electronic direct debit
• Reporting of payroll for Business Activity Statement (monthly and quarterly)
• Using reports to report PAYG withholding
• Paying of tax liability to the ATO
• Validating of end of year payroll information and printing of group certificates

Prerequisites

none