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Accounting Concepts and Applications Assignment - MYOB Practice Set with Report

Complete the computerized accounting practice set - World of Games - by Pabst and Perrin (2015) on an INDIVIDUAL basis for accounting transactions up to Period 1 (1 June to 9 June 2015). The transactions can be found on page 64 to 68 Appendix 1 of the practice set.

Additional Instructions for MYOB Practice Set

1) When setting up the company, students are required to enter their own names and student numbers into the address section. Refer to page 9 of the 'World of Games' practice set.

2) Students MUST print out Session Reports at the completion of ALL MYOB sessions and include these in an Appendix to the final report.

A session report is different from a MYOB financial report. A sample copy of a proper SESSION REPORT can be found on Blackboard. A session report should indicate the student name and student number. It has the title 'Session Report'/ 'Journal Security Audit' (name of report may differ, depending on MYOB version used) and will indicate the date and time when the transactions are keyed into MYOB.

3) For those using the MYOB version that generates session reports, the audit trail function is not automated, so please follow the following steps below. Steps to turn on the audit trail function in the MYOB program:

a) Select 'Set Up'

b) Click 'Preferences'

c) Check the box that says 'Use Audit Tracking'

Students will be asked prior to exiting MYOB if they want to print a Session Report. You can print these reports immediately or saved as a PDF file to be printed later. Please note that Session Reports that are not saved CANNOT be recalled and reprinted at a later date as they record only the current session.

4) Students must keep a copy of an electronic MYOB data file of the transactions that are keyed in individually (Period 1) and for the group (Period 2 to 4). This data file is to be presented upon request. Failure to produce the electronic MYOB data file when requested for verification may be deemed as insufficient document to verify that the assignment has been completed by the student individually and/or by the group. Hence, a grade of zero may be awarded for the assignment.

Attachment:- Assignment File.rar

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M93115366

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