MYOB Accounting Plus v18 Create a New Company File Sutherland - - - PowerPoint PPT Presentation

Sutherland - MYOB Accounting Plus v18: A Systematic Approach 1

MYOB Accounting Plus v18

Create a New Company File

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Create a new Company File Procedure

1.

Create the Data File.

2.

Insert Business Information.

3.

Select and Edit a Chart of Accounts.

4.

Save the data in an appropriate place.

5.

Insert General Ledger Balances.

6.

Customise some MYOB features.

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Create new company file

Click

At the Welcome screen, click Create.

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Create a New Data File

Insert the Company details,

Click Press TAB to move on. Press Enter to move to a new line.

then click Next.

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The Chart of Accounts

MYOB calls it the Accounts List.

 This is a list of all the accounts in the

ledger in numerical order.

 The actual accounts needed vary from

• ne business to another.

 Each account is identified by a

number.

 Each number has a classification prefix

that sets its position in the Chart.

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MYOB’s Accounts List

There are eight account types having the following prefixes:

 1 Assets (things the business owns).  2 Liabilities (debts the business has to others).  3 Owner’s Equity (the owner’s investment in the business).  4 Income (from normal business activity, e.g. Sales).  5 Cost of Sales (e.g. Purchases and Freight Inwards).  6 Expenses (the costs of running the business).  8 Other Income (not related to Sales, e.g. Interest).  9 Other Expenses (e.g. Bad Debts & Interest Paid).

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The Blinds Man

Select the correct Accounts List.

Select the most appropriate accounts list and click Next. Here Here Click

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The Blinds Man

Edit the Accounts List.

To change an account name you can select it with a click, then click Edit. Select Click Or you can just click the Zoom Arrow… A click on the Zoom Arrow takes you to the account.

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The Blinds Man

Edit the Accounts List.

Insert the new name Then click Details

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The Blinds Man

Select the correct Tax Code.

Here Click

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The Blinds Man

Delete unwanted accounts.

Select Click To delete an account you can select it, then click Delete…

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The Blinds Man

Add New Accounts.

Select Click Selecting the Account Type…

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The Blinds Man

Add New Accounts.

Insert the Account Number and Name, then click Details… Insert the account number and name Details

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The Blinds Man

Select the correct Tax Code.

Select Click

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Account Opening Balances

Click Next to reach this screen.

 Insert the amounts given.

– No Dollar sign or comma. – No Dot-Zero-Zero. – No Debits or Credits.

 Use the Tab or Arrow keys to move.  The Amount Left to be Allocated must

be zero when you have finished.

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The Blinds Man

The first Account Opening Balance.

Insert Scroll down… Continues on Slide 17

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The Blinds Man

The last Account Opening Balances.

Insert Note! The Amount Left to be Allocated must be Zero.

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The Blinds Man

Changing Preferences.

 Preferences are MYOB settings that

you can change according to the way you like things displayed.

 Preferences are accessed via the Top

Menu Bar.

 Click the Settings button.  Select Preferences from the menu…

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Choose Preferences. Click Setup (top menu bar).

The Blinds Man

Changing Preferences.

No tick! Click Select