MYOB AccountRight Payroll & Advanced Certificate Training Course

The MYOB AccountRight GST, Reporting & BAS Training Course

This MYOB AccountRight Plus Course builds on the MYOB Bank Reconciliation Course. It explores a full quarter worth of transactions using a case study which features a budding entrepreneur and we’ve chosen this case study because it enables us to include  transactions that make GST and BAS reporting tricky; including:

  • purchases which are GST-free,
  • those which have partial GST, or are
  • international payments.
  • varying GST Transactions

MYOB Payroll Training Course Summary

MYOB AccountRight accounting software needs to be up-to-date for current PAYG tax tables and other information like Superannuation percentages. MYOB AccountRight software enables bookkeepers/accountants to perform Payroll processing tasks from wherever they are because of their cloud integration and new file structure and that is great if a bookkeeper is sick or needs to work from home.

Payroll Course: This course is now available here:

MYOB AccountRight Online Payroll Training Course

MYOB AccountRight GST, BAS & Reporting Course

Description

MYOB GST, Reporting & BAS Training Course

The course includes capital purchases (a vehicle) and includes the different costs of running a vehicle should be treated, as well as expenses like entertainment; when FBT applies and an introduction to Payroll where you’ll explore how various aspects of wages are treated in the BAS.

BAS Report and PAYG Introduction

After correctly coding all of these transactions, you’ll set up the Financial Settings of a Business in MYOB with regard to the GST registration (Cash vs Accrual and quarterly vs monthly). You’ll run a BAS report, which is combined with our specially-designed “Ad Hoc Payroll” Excel spreadsheet case study calculations in order to work out the final liabilities.

As you progress through this course you’ll see the results of the business owners ‘change of strategy’ and focus for the business. You’ll see what these results look like at the end of the quarter, as well as month-by-month comparisons of Profit and Loss and Balance Sheet reports.

Decisions Based on Financial Reports

At the end of the course you’ll explore how the business owner can use the information in the reports to change the direction of the business, as well as how he will be able to configure their software to obtain even better reports at the end of the next quarterly reporting period.

Apart from performing all of a businesses compliance requirements, decision making is one of the biggest reasons for business to maintain detailed records and use computerised accounting software.

 

MYOB AccountRight Payroll Training Course

MYOB Payroll Setup

  • MYOB Payroll – Setting our user permissions
  • MYOB Payroll – Payroll Settings – Linked Account Setup
  • MYOB Payroll – Payroll Settings – Payslips Setup
  • MYOB Payroll – Payroll Settings – Pay Items Setup
  • MYOB Payroll – Payroll Settings – Calendar Setup
  • MYOB Payroll – Payroll Settings – Super Setup

Manage your Employees

  • MYOB Payroll – Employees – Details
  • MYOB Payroll – Employees – Employment
  • MYOB Payroll – Employees – Tax Declaration
  • MYOB Payroll – Employees – Leave
  • MYOB Payroll – Employees – Bank Accounts
  • MYOB Payroll – Employees – Pay Template
  • MYOB Payroll – Employees – Opening Balances

Processing Payroll using MYOB

  • MYOB Payroll – Time sheets – Entering Time sheet Information
  • MYOB Payroll – Pay Runs – Posting a simple pay run
  • MYOB Payroll – Pay Runs – Pay Run Options