Reference no: EM131675939

Perdisco MYOB practice set

Students are required to complete an online MYOB practice set that will count towards the overall assessment mark for this unit. The practice set has been designed to provide students with experience in the practical and technical skills essential to accounting with the MYOB software, through the completion of a one month accounting cycle for a fictional business.

The practice set provides each student with a unique accounting scenario and therefore must be completed on an individual basis. Please note that it is a large activity, taking up to 20 study hours to complete over many days or weeks. Please ensure you leave yourself enough time to complete this activity before its submission deadline. Submission is to be completed online; however it is possible to print each page of the practice set to work on it offline. Once each page has been submitted, you will be provided with immediate feedback on your performance.

The online practice set is available from within your Perdisco account. To access the practice set, please:

1. Create an account using the EXACT details that will be provided by the lecturer to your student email account before Week 5.

**Failing to register using the exact details implies the lecturer cannot identify you and thus your assignment will not be graded - i.e. zero**

2. Once registered, click ‘Add a product to my account'

3. Select your course from the available options

4. Enter your personal access code provided in the same email. You are now registered and can start the practice set.

Please see the "Step-by-Step guide of setting up for the MYOB assignment" for detailed steps and screenshots.

When you login to your practice set, you will see a Student Companion and Helpful Hints document on your practice set home page. This document gives you information that will help you to successfully complete the practice set.

Please be aware that to complete this practice set, you will also need access to MYOB software. After you have entered your access code, you will receive an immediate email that explains how to download and install the software. Please note that MYOB has designed its software to run only on Windows operating systems.

As you work through the practice set, you will also notice that you have links to the "MYOB Learning Centre". This online resource provides you with support on using MYOB and you are strongly encouraged to refer to it as you complete your practice set.

Questions on MYOB

Question 1: After you have corrected the 2 January transaction record in MYOB, Katharine asks you to select the field(s) that MYOB allows changes to be made immediately to when users try to modify a partly paid purchase bill:

the Supplier Inv# field
the Supplier field
the Customer PO# field
all of the above fields

Question 2:

Katharine asks you to open the Purchases Register window and identify the tab that is available in that window.

To open the Purchases Register window, go to the Purchases Command Centre and click Purchases Register.

Select the tab that is available in the Purchases Register window:

All Purchases
Returns & Credits
Closed Quotes
Open Invoices

Question 3:
Katharine asks you to open the Find Transactions window (Account view) and identify the advanced filter option that is not available in the Account view of that window.

To open the Find Transactions window (Account view), go to bottom of any command centre, click the down arrow icon next to the Find Transactions option and select Account. Then, click the Advanced icon to open the Advanced Filters window.

Select the filter option that is not available in the Advanced Filters window for account transactions:

Sorted by Date/ID#
ID From/To
Amount From/To
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