This section contains information critical to the operation of your business. It includes setting up your company information, chart of accounts (MYOB calls this Accounts list) and Entering opening balances.
You'll learn about the file that contains all your MYOB data and where it is stored. MYOB is a database of financial transactions and as a result the data file contains all the information about your business transactions.
You'll also learn how to customise certain features of how you use the MYOB software.
This information gives you a good base of knowledge to understand why more advanced features of the software work the way they do.
This module covers the setup of your sales module in MYOB. This includes information about the various layouts that are available to you and how to choose the best one for your business. It also shows you how to setup your default payment terms (how long you give people to pay you).
You'll learn how to create customer cards (this is basically your database which contains the details of each client) and enter opening balances (like sales that have been recorded before MYOB was setup).
You'll also learn about how to setup the purchases module as well as understand how the preferences section works (particularly relating to Sales and security).
This is an introduction to tax codes and more detailed information about your chart of accounts.
Linked accounts are an important feature of MYOB and most computerised accounting software that makes it easier for you to do your accounts using your computer than doing it manually. Linked accounts take care of most of the double entries needed in accounting.
This section covers the sales module and use of inventory in much more detail. There is a lot of information that you can store about each client and you'll explore some of these options.
You'll learn about the different kind of Card types (supplier, customer etc) where to store client bank account details, email address (if you want to email your invoices) etc. You'll learn that you can set different payment terms and invoice layouts for different cards.
Inventory is a section that many business can use, even if they operate a service business and you'll learn how to take advantage of the benefits of this tool. You'll also learn how to enter and adjust opening inventory balances.
This section covers important options that are available for working with your MYOB file. It also covers information about sessions reports and activating your company file. You'll learn how to delay activation of your company file while you are still learning and practising (particularly if you have purchased an MYOBÂ test drive).
You'll also see the results of some of the preferences that you set up in previous modules, such as being prompted for a backup, session reports and initial appearence of the to do list.
A very important aspect of any software that you use for business purposes is the backup. This module shows you how to backup your MYOB and where you can put the file, plus a bit of information about the type of file that is created. If you do perform a backup it is then important too know how to restore that file in case you need to. You'll learn how to do that.