Conrad Computer Centre: An Accounting Practice Set using MYOB AccountRight v19
Published2nd February 2012
PublisherPearson Education Australia
University course code
This practice set is intended to introduce students to MYOB AccountRight v19. It gives students experience in keeping a computerised set of books and is recommended for use by students studying an introductory unit in financial accounting.
This practice set is designed to simulate the activities of a business i.e. Conrad Computer Centre, and provide students with the opportunity to process a number of common transactions affecting a business over one/or two accounting periods. It should ensure a greater appreciation of:
(a) the steps required in the accounting cycle (including GST requirements);
(b) entering sales, purchases, receipts, payments and general journal entries;
(c) reconciling bank accounts, GST, Accounts Receivable and Accounts Payable;
(d) printing financial reports which summarise the activities of the business for the period; and
(e) the preparation of the Business Activity Statement.