Sunrise Pharmaceuticals Pty Ltd: A Computerised Accounting Practice Set Using MYOB Accountright V 19

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Sunrise Pharmaceuticals Pty Ltd: A Computerised Accounting Practice Set Using MYOB Accountright V 19

ISBN : 9781118510865
Publisher : John Wiley & Sons Australia Ltd
Author(s) :
Publication Date :
Overview Sunrise Pharmaceuticals Pty Ltd is a computerised practice set using MYOB AccountRight Plus V19. This practice set is designed to provide experience in recording a variety of business transactions common to business, so that students will gain an understanding of a computerised accounting system, how it operates, how to set up a data file and enter opening balances, how to record transactions, and how to produce useful reports. This 'hands-on' methodology reinforces the students' understanding of accounting fundamentals typically encountered in practice, and is therefore, suitable for students undertaking a course in accounting or computer-based accounting information systems. Completion of the practice set for a one month period, should ensure a greater appreciation of the following: * The steps in a typical accounting cycle for a small business * The use of subsidiary ledgers * The perpetual inventory system * Balance day adjustments * The bank account reconciliation * How the accounting cycle culminates in the preparation of financial statements * How GST is recorded and the effect it has on transactions * The variety of source documents, and * How to extract information from source documents to record transactions Systems Requirements For Windows 7: Windows Vista (service Pack 2) or Windows XP (Service Pack 3) For Mac: Mac OS X 10.4 or later

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