BI-670:
BIA Certificate of Bookkeeping using MYOB AccountRight

Courses

Start Your Own Bookkeeping Business Program

FastTrak Start Your Own Bookkeeping Business Program

Certificate IV in Bookkeeping

FastTrak Certificate IV in Bookkeeping

Certificate III in Accounts Administration

BAS Unit only

Payroll Unit only

Tax Practitioners Board GST/BAS & Payroll Course

BIA Certificate of Bookkeeping using MYOB AccountRight

Bookkeeping with MYOB AccountRight

Introduction to Bookkeeping & Accounting

Information

Distance Learning

Why Choose BIA?

Education requirements for BAS agents

BAS Agents Legislation

Tax Agents Services Act 2009

Bookkeeper Associations

ABN BAS

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Word & PowerPoint Courses

Although computer accounting packages are the standard method of accounting, without an understanding of the underlying processes, users of these systems often have difficulty verifying results or troubleshooting.

This 8 day course has been designed to introduce the theory and practice of basic accounting and bookkeeping as well as a good understanding of MYOB. The course introduces participants to the various source documents and journals required to establish a computerised set of accounts for a small to medium sized business. This course is excellent for people with little or no accounting experience.

We recommend this course to anyone who has little or no accounting experience and is using – or is about to use - MYOB or any other computer accounting system.

The course includes 5 days of self-paced training in MYOB and 2 days of comprehensive bookkeeping training in a trainer-led classroom

This course incorporates the following courses:

• BI-560 Introduction to Bookkeeping & Accounting (Accounting for Non-Accountants)

• BI-660 Bookkeeping with MYOB AccountRight - including Payroll, GST & BAS, Intermediate & Advanced Features

At the completion of the BI-660 MYOB course participants will be able to:

Day 1:

·         start and navigate around MYOB

·         enter customer and supplier details into MYOB's card file

·         write cheques to make payments

·         perform a bank reconciliation

·         setup inventory for a new company file

·         use the purchasing features of MYOB

·         pay for purchases that have been made from suppliers

·         make sales to customers

·         record customer payments

Day 2:

·         customise MYOB to operate in a number of ways

·         perform a number of file operations in MYOB

·         secure your MYOB file and the data in it

·         work with custom lists, custom fields, and identifiers to search  data

·         deal with more complex invoicing matters

·         setting up inventory for more complex items

·         use MYOB to manage point of sale transactions

·         export MYOB data to a spreadsheet program

·         customise MYOB forms to suit your own business needs.

Day 3:

·        setup MYOB Accounting Plus for payroll
·        conduct a pay run
·        create and track employee entitlements
·        pay employees electronically
·        display payroll information and generate reports
·        finalise the end of a pay year.

Day 4:

·        open a MYOB data file and enter cash sales
·        enter cash payments and recurring transactions from source documents
·        print cashbook and profit and loss reports
·        extract and record information from a bank statement
·        produce a bank reconciliation statement
·        record overcharges in sales, enter overpayments in sales & enter refunds

·        enter contra entries & record deposits collected on customer orders
·        set up electronic supplier payments
·        email invoices and statements
·        set up credit limits for customers
·        calculate the BAS figures using the calculation sheet method
·        view Tax Codes used in the data file
·        account for payments where GST does not equal 1/11th
·        pay an account for GST only
·        enter the receipt of a Recipient Created Tax Invoice
·        key in a sale including GST amount
·        enter a payment for entertainment expenses
·        write an account off as a bad debt and view GST reports
·        account for private use when the bill is paid
·        account Hire Purchase agreement and payment
·        account for a Fuel Tax Credit
·        account for Chattel Mortgage agreement and payment
·        enter the purchase of an asset with GST
·        enter the purchase of an invoice from a supplier not registered for GST
·        enter the purchase of an invoice from a supplier with no ABN

Day 5:

·        customise MYOB to operate in a number of ways

·         perform a number of file operations in MYOB

·         secure your MYOB file and the data in it

·         work with custom lists, custom fields, and identifiers to mine data

·         deal with more complex invoicing matters

·         setting up inventory for more complex items

·         use MYOB to manage point of sale transactions

·         export MYOB data to a spreadsheet program

·         customise MYOB forms to suit your own business needs.

Day 6:

·       open an MYOB data file and enter cash and credit sales

·       print invoices, record customer payments & adjustments

·       print statements, customer and sales reports
·       enter credit purchases [items and services], supplier payments

·       check for errors
·        print purchase Orders, purchases and accounts payable reports
·        find sales, receivables and profit and loss information

·        correct errors in a changeable and unchangeable data file
·        manage cards and accounts
·        back up and restore data files

·        understand MYOB’s “this year” and “next year”
·        enter transactions in two financial years
·        view reports for the two years
·        track the profit and loss of cost centre
·        track profit and loss of jobs
·        enter job budget figures
·        enter job budget figures
·        track reimbursable expenses
·        handle retentions
·        use categories
·        set up time billing preferences
·        create customer cards with a billing rate
·        create employee cards with a billing and cost rate
·        create activities
·        enter timesheets
·        create a time billing invoice
·        record work-in-progress
·        other time billing ideas
·        link time billing and payroll

At the completion of the BI-560 Introduction to Bookkeeping & Accounting course participants will have an understanding of:

Day 7:

·         Accounting Concepts & Terms
·         Business organisations
·         Accounting entities
·         Business types
·         The trading cycle
·         Accounting standards
·         Accounting principles
·         Accounting conventions
·         Accrual concept of accounting

Day 8:

·         Cash accounting
·         The GST
·         Source documents
·         Account classification
·         Double entry bookkeeping
·         Chart of accounts
·         The accounting equation & net profit
·         The balance sheet
·         Groups of accounts

Although this course is designed for participants with little or no knowledge of MYOB a reasonable working knowledge of Microsoft Windows and file management is desirable. If the participant does not have these skills they are taught on our course BI-210 Introduction to PC's, Windows and Office.

A self-paced hands-on approach is taken during this course. A case study is used to produce real-life scenarios so that learners experience how to use the software to solve everyday problems and undertake routine tasks. A course manual is included in the cost of this course. Course files are provided with this courseware.

The following learning materials will be provided for this course:

• MYOB Student Edition CD

• CD of self-paced Exercises

• BI-610 Ready To Go with MYOB Accounting course manual

• BI-620 Ready To Go with MYOB Accounting manual

• BI-612 MYOB Payroll manual

• BI-614 MYOB Accounting with GST/BAS for Advanced Users manual

• BI-615 MYOB Accounting for Intermediate Users manual

• BI-616 MYOB Accounting PLUS for Advanced Users

• BI-560 Introduction to Bookkeeping & Accounting:

  • Study Guide

  • PowerPoint slides and

  • Exercise Book

Table of Contents of the BI-560 Introduction to Bookkeeping & Accounting course  

Where to take a class

You can take this course at our South Brisbane campus which is at 1407 Logan Road in Mt. Gravatt Central, ideally situated for both Brisbane CBD and Gold Coast students. There is plenty of free parking in the streets surrounding us.

Our courses are not only available at our Brisbane campus, but are being taken via distance learning by students in Perth, Melbourne, Sydney, Adelaide, Darwin, Townsville, Cairns, Hobart and across Australia.

Bookkeeping Courses

If you would like to take our BIA Certificate of Bookkeeping using MYOB AccountRight course please just click on the Book This Course button option below.