FNSACC302: Administer Subsidiary Accounts & Ledgers- Research Report Writing Assignment

Internal Code: MAS1995

Research Report Writing Assignment:

Task: Task 1: Open the MYOB AccountRight v19.8 file ComputerWorkz v198302A.myo (i) Sign on as Administrator with no password and view the following to familiarise yourself with the business accounts and details A. Accounts List B. Read the policies and procedures on the previous page C. View Card files looking for customers and suppliers already entered (ii) Include your name in the business name for printout identification purposes. Task 2: Create cards for customers. Establish cards for the three existing customers, using the following details: Task 3: Enter opening balances for customers. The existing customers have the following unpaid invoices at 1/7/2013. Task 4: Establish card for existing supplier. Establish a card for our usual supplier using the following details: Task5: Enter Supplier Balance. Gizmo Electronics is owed $3,146.00 inc GST from Invoice 1899 dated 28/6/2013 Task 6: Enter the following credit sale in your MYOB AccountRight file. 3/7/2013 HR Specifics -Repairs to two laptops: Materials cost $220.00 inc GST Labour 1.5 hours Invoice No. 254 Refer to policies and procedures for billing details of materials and labour Task 7: Enter an Adjustment Note on 5 July to send to HR Specifics 5/7/13 Labour charged should have been 1 hour, not 1.5 hours. Remember to settle against the original invoice. You are not required to print a copy of the Adjustment Note. Task 8: Further credit sales for the month Create new cards wherever necessary. Remember to follow the policies and procedures. Task 9: Customer Payments Enter the following customer payments into the file.