MYOB have built-in Sales reports that enable you to analyze customer sales transactions. If you want to generate customer-related sales reports, you can do this through the Reports feature of MYOB per the screenshot below: In the Reports window, go to the Sales and select Customer report header as per the screenshot below: The Customer […]
Month: March 2016
Conducting Periodic Inventory Count
One of the most challenging tasks in accounting for retail or manufacturing business is the conduct of periodic inventory count. This is especially true for those who are assigned to do this task but don’t have the hands-on experience. The questions that come into mind includes on how to conduct the count and ensure that […]
MYOB Receivables Reports
MYOB have built-in Receivables report to make accounts receivable management easy and quick for you. To access this report, go to the Reports window which is below the main command centres as per screenshot below: In the Reports window, go to the Sales tab as per the screenshot below: Like the Payables reports in MYOB, […]
Reconciling Customer Invoices and Statements
In the previous article, we have discussed about reconciling supplier bills and statements. In this article, we will discuss about reconciling customer payments. Like vendor reconciliation, reconciling customer accounts by sending statements to customers on a periodic basis to ensure that the amount in the Balance Sheet date is accurate. Depending on your agreement with […]