The Transaction Journal shows how accounts are broken down.
If you want to check out sales, ensure you”re in the Sales Command Centre and then click on Transaction Journal.
MYOB will default to the Sales Tab and the “to and from” dates will default to today”s date. Therefore, if you”re searching for a particular transaction, you”ll need to make sure the dates shown are the ones you require.
The Transaction Journal has a number of tabs: General, Disbursements, Receipts, Sales, Purchases, Inventory and All.
The Transaction Journal looks completely different to the Sales Register, with the sales amounts being broken down to the various accounts. For example: If you”ve given your customer terms, an amount will be shown in Trade Debtors and GST-owed and GST-collected will be shown separately.
The ID# at the online casino top of the Transaction Journal simply means the Invoice Number.
To check on any Sales, click on Sales Register. You will notice that MYOB defaults to the ‘All Sales’ tab. The other options are Quotes, Orders, Open Invoices, Returns & Credits and Closed Invoices. The dates to and from will default to today’s date.
If you”re searching for an older sale, make sure the Dates from and to are correct.
You should see on your screen the date of the sale, the invoice number, customer purchase order number (if you received one), the amount, amount due and status.
Depending on which invoice you”re searching for, you online casino can filter by clicking on the appropriate tab; it’s that easy!
To check on A/R (Accounts Receivable) click on the To Do List icon. You will now be able to see all customers owing you money. The columns give you the following information:
Name of Customer
The last column allows you to select either individual customers or all of the customers.
Select the customers that you wish to send a payment reminder to, and when you’ve done this, you can simply click on the Mail Merge icon at the bottom of the screen.
The same goes for for AP (Accounts Payable). This is in reverse; ie. for the suppliers you use whom your business owes money to. The information in the columns is the same with the exception of Invoice numbers which are instead listed as Purchase Orders. Again you can select individual suppliers or select all. You can then begin the process of paying by clicking on the Pay Bills icon on the bottom of the screen.
Note that the white arrow will take you to the Invoice or Purchase Order for that particular Customer or Supplier when clicking on it.
Let’s assume that you have your selected invoice type open (for example, INCIPLN). If you click on a Text Field (for instance, Company Name) you will see that you are able to move the Text Box.
On the Tool Bar is an icon for Form Properties. Click on the icon and the Form Properties Box will open. First make sure that the Paper Size for your Invoice is correct. The size used most is A4.
Click on the Options Tab. Here you will see that the invoice (or form) is comprised of Grids. You are given the option to have Text boxes ‘Snap to Grids’ (‘Snapping to’ is a Desktop Publishing Term) — this comes in handy if you want to have all text boxes lining up. Here you can also change the size of the grids.
Should you leave ‘Snap to Grid’ unticked, you are then able to move Text boxes anywhere in the form/invoice.
A Handy Hint: You can use the arrows on your keyboard to move the Text box once it is highlighted.
There are a couple of ways to copy and paste a logo into your invoice.
Click on the Picture Tool Icon on your Toolbar, then click on the place where you’d like the logo to go on the invoice or form. You will see a Picture/Image icon is now on your invoice/form. You can either double click on the Picture/Image icon on your invoice/form, or right click with your mouse and select Properties.
If you select Properties, the Field Properties Box will appear. Make sure that you have your logo picture saved in a Word document. Right click on your logo, select Copy and go back to MYOB and select Paste. If you have successfully done this you will see the logo in the Preview Box.
If your logo appears to be too small on your form/invoice, simply move your mouse to the corner of your logo and click and drag to the required size.
Experience is a critical component of your job application, but it shouldn’t be limited to bookkeeping work. Most job ads will ask for ‘suitably qualified’ or ‘experience in a similar role’ in an effort to attract the best candidates, however that doesn’t mean that only experienced bookkeepers should apply. Applicants with relevant experience in a […]
A degree qualified applicant with limited work experience CAN still be a good candidate for local jobs. Job applicants with formal qualifications and no work experience are often overlooked by potential employers, however there are several steps you can take to get your resumé noticed and improve your chances of being hired. Some skills and […]
Identifying your skill gaps and refreshing your resumé are CRITICAL to winning the job of your dreams. You’d be forgiven for thinking that your resumé only needs updating when you change jobs or complete a training course. Twenty years ago this would have been acceptable, however due to recent technological advances and the increasing volume […]
Overcome your fears and take your career to the NEXT LEVEL. If you’ve ever had to deliver a presentation, sit an exam or attend an important job interview, you will have most likely experienced the palpitating heart and sweaty palms that accompany any of us in a high stress situation. It’s perfectly normal. Most of […]
Valuing a business based on revenue and growth rate is more important for your own business. Putting a value on a business for sale is not always as simple as taking the yearly cash flow and multiplying it by four. When evaluating the sale price of an online business you need to factor in not […]
An Information Memorandum for prospective investors should include a FUTURE earnings forecast based on milestones and achievements to date. When you’re evaluating the purchase of an online business there’s more to the income generating potential than what you first see. The figures presented in the profit and loss report reveal the past and current trading […]
What will potential clients see when they click on your Google Ad? A well crafted Google Ad with an attractive offer will improve your click through rate, but what your bookkeeping prospects see next will decide whether or not they take the next step towards booking your services. What Is a Landing Page? The purpose […]
Learn how to use paid ads effectively to attract new clients and grow your online business. Businesses offering professional services such as bookkeeping, customer service or virtual assistant services typically find themselves competing against other businesses who are advertising the same services, at the same price, in the same place. That doesn’t mean that you […]
Customise your online business purchase with a bespoke business solution. If you’re purchasing a business off the shelf, chances are that you will inherit some operational aspects that you don’t want. Perhaps the business is currently supplying products or services that are irrelevant to your long term business objectives. What if there are additional services […]
Measuring the effectiveness of your Google Ads campaign will improve ad quality and help you find your ideal bookkeeping clients. In our previous blog we talked about how Google Ads can help you to reach more potential clients for your Xero bookkeeping business. We decided on a budget, designed an ad, built a website landing […]
Use paid ads to get more visitors to your website and attract your ideal clients. Everybody wants to be at the top of Google’s search results when a potential client goes looking for a bookkeeper. With Google Ads you CAN appear at the TOP of Google (in the paid ads section) but it may cost […]
How CRM integrations will save you time and help you get more clients for your Xero bookkeeping business. In our previous article we compared different CRM systems and looked at which features are important for keeping track of your leads, conversions and clients. The most important of these features include integration with existing business systems […]
Having the right CRM software will help you win new business and retain existing clients for your Xero bookkeeping services. A CRM (Customer Relationship Management) system allows you to grow your business by storing all of your client and prospect information in one central location, making it easy to communicate and track every interaction you […]
Use ad metrics and insights to refine your marketing message and attract the right clients to your bookkeeping business. What could you do with 130 bookkeeping work leads? I’ve written in the past about the value of an online business and digital assets, how to deal with new inquiries from potential bookkeeping clients and whether […]
Is Bark worth the money, time and effort when you can advertise directly with Google Ads? Which option generates the most qualified and cost effective leads for your Virtual Assistant business? Completing your bookkeeping and start up training is the first step in becoming a successful business owner. Your next task is to find clients, […]
Cheap WordPress plugins and integrations can help you build a highly sellable digital asset These days it is relatively easy to create advanced website functionality without the need for customised programming, using cheap hosting and free or inexpensive plugins. What Are Plugins? WordPress is a free, open source, website creation platform that works with thousands […]