MYOB Accounting Qualification Test—Level 1 [BASIC] cos MYOB PREMIER vi2 Tote Remarks: 4. Minus 4 points if Myo Level 2 Passing ‘Wrong Date, Qty, Amount, and Accounts Ratelsmin. 60 point 2. Minus 1 points if PASS / FAIL ‘wrong Terms, Job, Category, Memo, Less 1 Report scone: Part |: (Total 20 Points, 4 Points each} Me Aits the owner of company *KAHFI, PT". His business as Clothing -Retall buys clothing and accessories and sells them to end users, since December 2010, (Me. Arif starts using MYOS Premier V12 software for his company *KAHAL, PT” to prepare his Jan 2011 to 31 Dec 2011 Financial Year Reports. And prefer to have 23th accounting period, so he can use the 13th month fr recording any tax adjustment. You are required to 1. Setup the company data file according tothe fact given. Save'it in Your Folder Name and name the Company Data Fle Name as Company Name your name. Company Name Current Financial Year b. Last Month of Financial Year Conversion Month Number of Accounting Periods 2. Setup the Accounts List Form the lst provide by MYOB Accounting Software Business Type: Clothing - Retail b, Delete the following account codes : © 12130 Cash Drawer 22420 PAVE Tax Payable © 64850 Shrinkage/Spoilage Edit the following account code : ‘© 1.2120 Payroll Cheque Account, change to: 1-2130 © 4.2140 Petty Cash, change to: 1-2120 * 12110 Cheque Account, Change Account Name to Bank ABC to Company 3. a. Add Address (Your Name and Your Real Address), Phone Number and Fax Info. System Preferences : Untick the option for “Warn f Jobs Are Not Assigned to All ‘Transaction (Syster-Widel” and tick the option for“ Turn on Category Tracking (Required) Tick the options Select items by Item Name, Inactive the option Automatically Check Spelling in Windows tab. {© Sales Preferences Tick the option for : Warn for Duplicate Invoices Numbers & PO ‘Number on Recorded Sales", Inactive the options for: Show Customer PO Number. Change Sales Term Default to 0.0 and Tax Code to N-T 1d, Purchase Preferences Tick the option for “Warn for Duplicate Purchase Order Numbers and Invoice Number on Recorded Purchases”. Inactive the options for : Show Supplier Invoice Number. Change Purchase Term Default to€.0.0 and Tax Code to NT (MYOB Accounting vi8 & Premier vi2 Self Study Guide [Basie] “elp:021 52691988 (akara) ‘mal: info@net2Loluscam | for mare info? Vit: tps /www.net21pls.com(MOB Accounting Qualification Test Level 1 (BASIC] 4. The following transaction are made in January 2011. Record these transaction in MYOB according tothe dates and details given below. ‘Tax Codes : VAT = 10%, Job : CT for Clothing, AC for Accessories and Category :3KT for Jakarta, BOG for Bandung, YGK for Yogyakarta, “"KAHFI, PT” 1 Jan 2011 Balance Sheet Information, Account Account vip pebt vio crest rane Store Equip-at cost '%p 2,000,000.00 120 Store Equip Accum Dep'n Rp 350,000.00 rau10 Bank ac Rp 15,000,000.00, +2200 ‘Trade Debtors Ap 3850,000.00 rao lthing ‘Rp 4980,000.00 120 Accessories Rp 575,000.00 2-2200 Trade Cretors Rp 5500,000.00 22310 GSSTIVAT collected '350,000.00 22330 GST/VAT Pid 00,000.00 3.1100 ‘wner/Sharehér Capital Rp 15,00,000.00, 3-000 Retained Earnings mm. Total eno Rp 7772.00 ‘Trade Debtors (Customer) Opening Balances as 31 Dec 2010 + KONCA, PT= Rp 3,300,000 ne. VAT [Category : JKT], Invoice No =-100701 ‘+ HOU, PT = Rp, $50,000 Inc. VAT [Category : BDG}, Invoice No :$-100702 ‘Trade Creditors (Supplier) Opening Balances as 31 Dec 2010, ‘+ GREEN, PT = 4,400,000 inc. VAT [Category :KT], PO No : 101201 ‘© YOUNG-Ray, PT = Rp 1,100,000 Inc. VAT [Category : BOG], PO NO :P-101202, Inventory Opening Balance as 1 Jan 2011 [Category : JKT} *Android-Laser (item no. ALO, selling price Rp 150,000 N-7) = 24 unit for Rp 120,000/unit Linked Account for | Suy as Clothing-Puchase, Inventory a5: Clothing, |Sell as Clothing © BlankWare (item no. BWO2, selling price Rp 100,000 N-) = 30 unit for Rp. 70,000/unit. pes cle Fr Buy md Ct = eaten UWiemony as OCTine: S20 Clothing *+ Black Circle {Item no. 8C08, selling price RP 55,000 N-T) = 10 unit for Rp 35,000/uni. Linked Account for | Guy as: Accessories-Purchase, | Inventory a : Accessories, Sells Accessories * CoobHat (tem no. CHO4, sling price Rp 75,000 N-T] = 5 unit for Rp 45,000/unit. Linked Account fr | Buy as: Accessories-Purchase, Inventory as: Accessories, | Sell as Accessories Part Il: [Total 60 Points, 4 Points each] : Daily Transactions 5 ‘On2Jan 2011 | Purchase the following inventory item from supplier, YOUNG-Ray, PT, with "Net 30" after EOM credit terms. Supplier wll give discount: 556i Company pays before discount date 5. (POWP-111001, Supplier inv: YR-122003) (MYOB Accounting vis & Premier vi2 Self Study Guide [Basic] “elp:021 52891988 Jakarta) Fail: nfo@net2iglus.com | for mare info? Vist :htp://wor net2apluscomMYOB Accounting Qualification Test ~ Level 3 [BASIC] MYOB PREMIER v12 ‘Order 12 unit Androtd Laser (ALO) for Rp 120,000/anit (Exclud 410% VAT) each. Company was received only 10 unit of total, order, 2 Unit Backorder ‘+ Order 5 unit CooF-Hat(CHO4) for Rp 45,000/unit (Exclude 10% VAT) each, all the order was received [Category : 806) 7 | Gn3 Jan 2011 | Raised Purchase order to GREEN, PT for Advertising (Expense) Rp 750,000 | (Won Tax) on Cash terms. (POH-111002, Supplier Inv: GR-122001). Bll was ‘weaived. [Category © IKT] Bank ABC (Cheque No : 211003). 9, [OnSian 2011 | Return 2 units of Android Laser(ALOI) @Rp 120,000 (Exclude 10% VAT) to YOUNG-Ray, PT. PO Return No : R-111002. Add Journal Memo : Purchase Return; YOUNG RAY. [Category 806] Immediately applied the Debit Note to Trade Creditor balance for YOUNG- Ray, PT, for bill on 2Jan 2008 transaction (Open bill status at PO NO: P 111003). the following tems to HOUC, PT on Net 20 days terms (InviS-140003) | with discount 3% if pays before 10 days. All the goods and invoice was Aelivered ‘© 12 units of Android Laser(ALOL) for Rp 165,000 (Include 10% VAT), each Hob : CT] ‘5 units Cool-Hat(cHo4) for Rp 75,000 (include 10% VAT] each fob: [AC] [Category : 806) [Salesperson : Vincent) GE, | OnB an 2014 | Sold 5 unit of Black Cirele(BCO3) GRp 55,000 (include 10% VAT] each to KONCA, PT, on cash term (Invi:S-110002), [ob : AC ] [Category : JKT]. Salesperson : JASMINE 42. | Onan 201i | Partially payment of Rp 2,000,000 from HOUC, PT was received for bilon 6 Jan 2011 . And full payment of Rp 550,000 was received for bill Opening Balance (Lat Year). Deposit to Bank ABC 2,550,000, 33. | Oni0 Jan | Issued Rp 15,000 (Non Taw) to KONCA, PT, a Discount Given rebate zou. (Discount Given Account on Cost of Sales) Invoice Rebate Number: R- 110003. Immediately Pay Refund fo the ip 15,000 Sales Rebate to KONCA,T, from the Bank ABC. [Job : AC], [Category : KT], [Salesperson : Jasmine] 14 [Omit Jan | Use Spend Money to record Transfer Rp 100,000 to Petty Cash and pay Rp 2011 10,000 for Bank Charges from Bank ABCiRp 110,000). Category: JK] 75. [On 12 Jan | Received Rp 265,500 as Bank interest Income with Rp 15,500 Bank Charges 201 ‘on Bank ABC (Net: 250,000). [Category : BOG]. No Job Allocation. 16. [On29jan___| Mr-ANf, the owner, withdrew Rp 2,500,000 via cheque #211008 for 2011 personal use. Using Bank ABC. [Category KT] 17. On30ian | Ralsed purchase order (New Purchase) te VOUNG Ray, PT, for 15 units of rou lackCirle(8C03) Rp 38, 500/unit Include 10% VAT] on Net 20 days terms (PO#:P-111003, Supplier Inv ¥R-122002). All the order was received Job: AC] [Category : B06] 'MYOB Accounting vis & Premior vi2 Self-study Guide [Basic] “elp 021 $2891988 (kara) mal: infos@net21plus com | fr more info? Vist: htpy//www.net2aplus.comMYOB Accounting Qualification Test -Level 1 [BASIC] 7% ‘Onsijen | Perform Bank Reconciliation for Bank ABC, Bank Statement Balance RP 2011 49,925,000 on 31 January 2011. All transaction Cleared with Bank Statement Except Withdraw from MIR Arif to his Family Rp. 2,500,000.- (outstanding Check) w. Fa E Gnai jan | Prepare and record a Journal entry to record the monthly deprecation of 201 ‘Store Equip Accum Dep for Rp 250,000 [Category : KT. Save as Monthly Recurring Transaction, starting on 28 Feb 2011, Record Journal Entry at 31 Jan 2011 and Use the racuring and record depreciation journal for 28 Feb 2011. ‘On3i jan ‘a. Prepare a journal entry to record the GST/VAT Clearing for Dec 2010 2011 [Category : JKT] Create New Account: 2-2340 : VAT Clearing. b. Prepare a journal entry to record adjust inventory Los for 2 Unit of ‘Android Laser (ALO1) @Rp 120,000 [Job : CT] [Category : JKT]. Create New ‘Account : 5-130: Inventory Loss Part ill: [Total 20 Points) a 2, 2a, 24 25. jeport , Backup & (On 31 Jan 2011: Print to POF the Financial Reports for period of January (2 Jan 2013 t0 34 Jan 2011) save the reports in Reports Folder (create new folder in your Folder Name): ‘+ Std. Balance Sheet level 4 ‘© Trial Balance 4 Profit & Loss (Accrvl]~level4 Jobs Profit & Loss © Category Profit & Loss General Ledger [Summary] Account Transaction {Accrual} (GSTIVAT [Detail Accrual From Security Preference, activate the option for “Use Audit Trail Tracking”, then Lock the Accounting period for 1 Feb 2011. BACKUP your MYOB company datafile (ONLY), check Company File for Error and Save the MYOB company data backup file name as Your name in Backup Folder with name : PRM-22.21P From Company Data Auditor - Transaction Review for 1 Jan 2011 to 31 Jan 2011, there isa “"¥" mark for Scan for Future Dated Transaction. Display it & Sent to PDF the reports. Edit the future dated transactions for Store Equipment to Rp 300,000 and edit the Recurring Transaction Template of Fixed Assets Depreciation for Store Equipment to Rp ‘300,000 per mont, From Reports save in Reports folder the folowing reports for period of January (1 Jan to 34 Jan 2011) in Tab Delimited Text File Format) * Bank Register + Receivables Reconciliation Detail + Customer Ledger Sales Registr (AllSales) ‘+ Payables Reconciliation Detail ‘Supplier Ledger Purchase Register (All Purchase) + Item Register Detail DF-AM-O1- YOR Accounting vi8 & Premier vi2 Self Study Gul Telp:023 52891988 (Jakarta) mal: infownet2ipus com | for more nfo? Vist :http://werw.net2lus.com Teasie]