Reference no: EM131204188

Accounting Information Individual Assignment-

MYOB Assignment

1. MYOB Assignment  uses the Case and the  Data of the  Wendy Pabst & Brian Perrin (2011), Accounting With MYOB 19, 1st Edition, Cengage Learning, Australia. Please note that it is a large activity, taking up to 40 study hours to complete over many days or weeks. Please ensure you leave yourself enough time to complete this activity before its submission deadline:

• Buy MYOB book.
• Find MYOB software CD the inside of the back cover page of the book for Window Operation System or get "AccountEdge" MYOB software from KOI library for Mac Operation System. You can also download both trial versions from www.myob.com.au
• Install MYOB software to your computer.

2. Read the chapter 1, create new data file in chapter 2 and follow the instructions from Chapter 2 to Chapter 10 of the book. When you try to create company data file, disregard the serial number request of the MYOB software. As the MYOB software is a trial version, you do not need to enter the serial number.

3. Please follow the instructions of the book except for the followings of Page 13 of Chapter:

• Company Name: Put Your Student Full Name
• ABN: Put 116 plus your student number (should be 11 digit)
• Address: Your Address

Special care should be taken while entering the accounting year(2012), as this cannot be changed later on. MYOB assignments especially asks for a particular conversion month. Student should choose that conversion month(May) only.

4. Each chapter has Revision Exercise. Please Do not do Revision Exercise.

5. When you finish each chapter, please print the reports specified in the book , compare the results of the your printed reports and the results of reports of the book and sign at the bottom of each printed report as an evidence of completing the comparison of two reports before starting the next chapter.  If two results of the reports are different, you should mark the different results on your printed reports, analyse the difference and write down the possible reasons of the difference.

6. You should also make the each chapter back-up based on version control full back up method, using the back-up method explained during the class or below:

• We assume you completed chapter 2 and start chapter 3: click file and exit on the MYOB command centre, then MYOB display "do you wish to back up?" message. Please click "No" and make the file name "yourname02" such as Richard Chang 02"
• When you try to start chapter 3, find the Richard Chang02. myo file and copy the file in the same directory. You can find TWO files such as Richard Chang02. myo and Richard Chang02copy. myo
• Click the Richard Chang02copy. myo, click the right button on your mouse and rename the Richard Chang02copy. myo to Richard Chang 03.myo
• Open Richard Chang 03.myo and start chapter 3 and repeat the above procedures again when you start new chapters. At the end you should have 9 back-up files

7. The assignment should include one title page and 9 chapter cover pages (chapter 2 to 10) in front of the printed reports of each chapter, and be tied tightly by binding or using plastic folders. Please do not forget to write your student number, name and course on the title page.

8. MYOB assignment is due by Week 10. Students submit both the paper-printed version and the USB stick to contain 9 MYOB assignment files (*.MYO) at the start of the lecture in week 10.

9. When students submit  the paper-printed version to the lecturer, the lecturer will ask validation questions to the student to check whether the submitted MYOB assignment is the student own work or not.

10. In the past, we found that some students had copied other student's work, changed name and format, printed and submitted the printed version, or copied word outputs, changed name and converted to PDF file. We remind you again that if we find the students who submits other students' work with changed name and format, we will take action against the students.

MYOB Work Activity Report

You have to provide an individual work report on how you have worked to produce your MYOB assignment. Major part of your individual report is to practice "Audit Around the Computer Approach" and to prepare report.

In your MYOB assignment, you enter input data in to the MYOB software based on the source documents (input) of the book, print the outputs (the reports) generated by MYOB software and then compare the printed outputs with the outputs of the book. If two results of the two reports are different, you should reconcile the different results

Periodic information such as starting, ending and printing dates of each chapter entries must be inserted into the correct section in chronological order, including causes and solutions of the problems. Particularly when you finish each chapter, please print the reports specified in the book and compare the results of the your printed reports and the results of reports of the book . If two results of the two reports are different, you should reconcile the different results on your printed reports and write down the possible reasons in your report.

The final report should use an appropriate business report format and should include a detailed description on (Times new Roman 12 point):

a. progress based on time spent on each chapter;

b. any issues or problems that have occurred or been managed in each chapter, including details of what the issues or problems (if there are difference between two results of the report produced by you and the report of the book, analyse the difference and write down the possible reasons of the differenc), how have been dealt with them and what have been done to fix the issue or the problems (how to reconcile the difference).

c. your achievement in your MYOB assignment

d. what work is planned for the next 3 months in getting MYOB related accounting job.

Attachment:- MYOB Assignment.rar