Information Systems Design and Development for Account to by some other means.
A learning tool designed to give you direct experience in using MYOB. To allow your progress to be regularly monitored, you will be required to transcribe your results from MYOB (on your own computer) into this website (on the internet). We can then give you feedback that will help you identify and fix your mistakes as early as possible to prevent those mistakes being carried forward throughout the rest of your practice set. By the conclusion of the practice set you will have obtained real-world experience in using MYOB to:
• create and setup a company;
• record transactions;
• prepare a number of financial reports; and
• understand the benefits of using a computerised accounting system which include the automatic posting of transactions and the built-in internal control measures that prevent records from being deliberately modified.
To begin, you will be provided with information about the company and you will use this information to
• create the company file for "The Digital Village" in MYOB;
• record the given transactions in the companys accounts;
• perform a bank reconciliation;
• record adjusting entries;
• generate an adjusted trial balance; and
• prepare the financial statements.