MYOB Advanced Training - Finance Introduction

Описание: The Finance module is the centre of MYOB Advanced and is where all financial information is collected for analysing, summarising, and reporting. It has the functionality for the following:

1. Setting up the company’s financial structure through the chart of accounts and subaccounts
2. Collecting information through transactions entered directly by users and posted from sub-ledger modules
3. Monitoring business performance through the module’s budgeting system
4. Preparing data for generating various financial statements
5. Preparing statutory returns to the IRD

When we release documents like a customer invoice or a purchase receipt, transactions are created and posted to the ledger. We can also enter Finance journals in the module. Transactions can be posted directly on release or we can set the preferences for manual updates.

As MYOB Advanced is highly configurable, the features and processes may differ for your business. Please refer to your MYOB Advanced Consultant for details on any customisations they may have included in your implementation.

Finance batches are assigned the following batch types depending on where the transaction comes from.

GL – Finance
AP – Payables
AR – Receivables
CM – Currency Management
CA – Banking
IN – Inventory
DR – Deferred Revenue (Enterprise edition only)
FA – Fixed Assets
PM – Project Accounting
PR – Purchase Requisitions
PA - Payroll

As mentioned previously, MYOB Advanced is highly configurable, this training covers the basic financial processes you need to know about the Finance module.

For more information, please visit www.verde.co.nz