MYOB Qualification Test

LEVEL BASIC (MYOB Accounting v19)

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Code: L1R4TH14
Effective from 06 Jan 2015

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 MYOB Basic Qualification Test
MYOB Accounting v19

MYOB Qualification Test Level Basic

Instructions to Participants:

1. You will have 2 hours to complete the test. Answer all questions in the test.

2. Please check that you have MYOB Accountingv19 on your computer. If you do not
see it, please inform the invigilator for assistance.

3. You are NOT allowed to bring any diskettes or paper into the examination room.

4. You must create new folder on harddisk. Please save your .MYO, backup folder,
and report folder in this folder and the folder will be collected from harddisk at
the end of the examination.

5. In the event of any unforseen circumstances e.g. electricity blackout or computer

failure that prohibits you from continuing with the examination, and such event
is not the cause of your own action (s), you will be allocated extra time to
complete the examination at the discretion of the invigilator. (This is to ensure
consistency with all the other instructions, which are expressed in the first
person).

6. If you should encounter any technical difficulties with the computer during the
examination, please inform the invigilator for assistance.

7. Non-programmable electronic calculators are allowed for this examination.

8. You are not allowed to communicate with other examination candidates

throughout the examination.

9. You are NOT allowed to leave the examination room without the permission of
the invigilator.

10. The assignment and any used or unused paper, must be returned to the
invigilator at the end of the examination.

11. Total questions 13 with total score 100 points.

PT. NET21PLUS
Menara KADIN Indonesia, Lt. 30, Jl. H.R. Rasuna Said, X-5, Kav. 2-3, Jakarta 12950. Indonesia.
Tel. : 021-5570 0905 | Fax. : 021-5570 0907
E-mail : info@net21plus.com | Website : www.net21plus.com
 MYOB Basic Qualification Test
MYOB Accounting v19

The Case Study

Based the fact given, you are required to:
1. Setup the company data file : [4 marks]

Mr. Thomas is the owner of the store “Thomas Hardware”.

As Hardware Store, Mr. Thomas buys and sells hardware, plumbing, timbel and building material
to customer.

Mr. Thomas decided to use MYOB Accounting v19 accounting software for preparing his company
1 January to 31 December 2015 Financial Year Reports and prefer to use the 13th accounting
period for the audit trial adjustment.

Please use one of the account list provided by MYOB Accounting v19.
So you don’t need to set up the account list completely.

Setup the following information:

The Company address :Jl. Tugu Barat No. 65 Sampang, Cilacap
Tel : +62 282-667011
Fax : +62 282-667012
Email : info@thomashardware.co.id

The following preferences option must be activated:

• System Preferences
• Sales Preferences
• Purchases Preferences
• Security Preferences
: Tick the option for “Warn if Jobs Are Not Assigned
to All Transaction [System-Wide]”
: Tick the option for : “Warn for Duplicate Invoices
Numbers on Recorded Sales”
: Tick the option for : “Warn for Purchase Orders
Numbers on Recorded Purchases”
: Click User IDs to add new User ID as your Name.

Setup the List below: [8 marks]

2. Setup the following Account List

- The Company don’t use the following account codes anymore :

• 1-3120 Payroll Cheque Account
• 1-3130 Cash Drawer
• 1-3210 Less Prov’n for Doubtful Debts

- The Company changes some accounts as follows :

• 1-3140 Petty Cash, Change to 1-3120
• 1-3160 Undeposited Funds, Change to 1-3130

PT. NET21PLUS
Menara KADIN Indonesia, Lt. 30, Jl. H.R. Rasuna Said, X-5, Kav. 2-3, Jakarta 12950. Indonesia.
Tel. : 021-5570 0905 | Fax. : 021-5570 0907
E-mail : info@net21plus.com | Website : www.net21plus.com
 MYOB Basic Qualification Test
MYOB Accounting v19
- The Company need to add the following accounts :
• 2-2340 VAT Clearing

Delete all Tax Codes except N-T (Non Taxable). Setup the Tax Code List as VAT (Value Added
Tax), Tax Type: Value Added Tax, Rate: 10%.

Setup the Job List as H for Hardware, P for Plumbing, T for Timber & Building Material.

Setup the Category List as CLP for Cilacap, YGK for Yogyakarta and SBY for Surabaya.

Setup the Items List as follows:

Item No. HD CP MS

Description Hardware Copper Plumbing Maple Sycamore

Selling Price Rp 900.000 Rp 2.200.000 Rp 2.500.000

Tax Code
When N-T N-T N-T
Bought/Sold
Selling Unit of
Unit Unit Unit
Measure

5-1200
I Buy This 5-1100 Hardware 5-1150 Plumbing
Timber & Bldg
Item Purchases Purchases
Matl Purchases

4-1200
I Sell This 4-1100 Hardware 4-1150 Plumbing
Timber & Bldg
Item Sales Sales
Matl Sales

1-3300 1-3300 1-3300

I Inventory
Merchandise Merchandise Merchandise
This Item
Inventory Inventory Inventory

Setup the following Cards List:

• DA TREE STORE (Customer) • XFROG INC (Supplier) • ELIZA(Employee)
• MR. JOHN (Customer) • GRAINGER (Supplier)

PT. NET21PLUS
Menara KADIN Indonesia, Lt. 30, Jl. H.R. Rasuna Said, X-5, Kav. 2-3, Jakarta 12950. Indonesia.
Tel. : 021-5570 0905 | Fax. : 021-5570 0907
E-mail : info@net21plus.com | Website : www.net21plus.com
 MYOB Basic Qualification Test
MYOB Accounting v19
3. Setup Account Opening Balance Sheet information as of 01 January 2015: [8 marks]

Setup the following ending balance as 31 Dec 2014:

Customer Name DA TREE STORE

Total Rp4.400.000 Inc. VAT
Invoice# S-140001
Cust. PO# DA-140001
Category YGK

Supplier Name XFROG INC

Total Rp3.300.000 Inc. VAT
PO# P-140001
Supp. Inv# XI-140001
Category YGK

Setup the following inventory opening balance as 01 January 2015 [Journal#: I-150001]
[Category: CLP] :

Item No. Qty Unit Cost Account#

CP 12 units Rp 2.000.000 1-3300
HD 8 units Rp 750.000 1-3300
MS 9 units Rp 2.200.000 1-3300

PT. NET21PLUS
Menara KADIN Indonesia, Lt. 30, Jl. H.R. Rasuna Said, X-5, Kav. 2-3, Jakarta 12950. Indonesia.
Tel. : 021-5570 0905 | Fax. : 021-5570 0907
E-mail : info@net21plus.com | Website : www.net21plus.com
 MYOB Basic Qualification Test
MYOB Accounting v19
4. The following transactions are made in January 2015. Record these transactions in MYOB
according to the dates and details given below.
02 A purchase was raised to purchase the following inventory item from main POINT
Jan supplier, XFROG INC, with Net 30th after EOM credit terms. (PO#:P-150001, [4 marks]
2015 Supplier Inv#: XI-150001)

Received 4 units Maple Sycamore (MS) for Rp2.420.000/unit (Include
10% VAT) each. [Job: T][Category:YGK]

04 A bill was received from GRAINGER for Drain Cleaning, Cleaning (Acc#: 6-4100) POINT
Jan on amount Rp1.100.000 (Include VAT 10%) on COD terms. (PO#: P-150002, [4 marks]
2015 Supplier Inv#: GR-150001). [Category : CLP]
[4 marks]
Payment to GRAINGER from Cheque Account [Cheque No: D-150001] with total
amount Rp1.100.000 for bill on 4 Jan 2015 with amount Rp1.100.000.

05 Return 1 of Maple Sycamore (MS) for Rp2.420.000 (Include 10% VAT) to XFROG POINT
Jan INC, (PO#:P-150003, Supplier Inv#: XI-150001). Edit Journal Memo with [2 marks]
2015 “Purchase Return; XFROG INC”.[Job: T][Category: YGK]

Immediately applied the Return-Debit note to Trade Creditor balance for,

[2 marks]
XFROG INC [ID#:P-150003] for bill on 2 Jan 2015.

15 Sold the following items to DA TREE STORE on Net 30th after EOM credit terms POINT
Jan (Inv#: S-150001, Cust PO#: DA-150001). All the goods & Invoice was Received : [4 marks]
2015
Ship 7 units of Cooper Plumbing (CP) Rp2.420.000/unit (Include 10%
VAT) [Job : P]

Ship 5 units of Hardware (HD) Rp990.000/unit (Include 10% VAT) [Job:
H] [Category: SBY] [Salesperson: ELIZA]

16 Raised sale services for Plumbing Repair & Installation to MR. JOHN as [2 marks]
Jan Miscellaneous Income (Acc#: 4-8000) for Rp2.200.000(Include 10% VAT) on
2015 COD terms (Inv#: S-150002, Cust PO#:JN-150001). Invoice was delivered.
[Salesperson: ELIZA] [Category: SBY].

Full payment of Rp2.200.000 for invoice on 16 Jan 2015 was received from MR. [2 marks]
JOHN and deposits to Petty Cash [ID#: R-150001].

17 Issued Discount-Credit Notes to MR. JOHN Rp200.000 as Discount Given (Acc#: POINT
Jan 5-3000) (Inv#: S-150003, Cust PO#: JN-150001) and edit Journal Memo with [2 marks]
2015 “Sale DISCOUNT: MR. JOHN”. [Category: SBY] [Salesperson: ELIZA]

Immediately Pay Refund [Cheque No: D-150002] for the Rp200.000 Discount-
Credit notes to MR. JOHN from the Petty Cash. [2 marks]

19 Use Spend Money, Payment made to ELIZA from Cheque Account, by Cheque POINT
Jan No: D-150003 for Rp2.500.000 as Wages & Salaries (Acc#: 6-5130) expense for [4 marks]
2015 January. [Category: CLP]

25 Receive Money for total Rp250.000 to Cheque Account, for Rp260.000 as [4 marks]
Jan Interest Income (Acc#: 8-1000) with Rp10.000 Bank Charges (Acc#: 6-1200)
2015 [ID#: R-150002] [Category: CLP]

PT. NET21PLUS
Menara KADIN Indonesia, Lt. 30, Jl. H.R. Rasuna Said, X-5, Kav. 2-3, Jakarta 12950. Indonesia.
Tel. : 021-5570 0905 | Fax. : 021-5570 0907
E-mail : info@net21plus.com | Website : www.net21plus.com
 MYOB Basic Qualification Test
MYOB Accounting v19
5. Perform Bank Reconciliation for the month of Jan 2015 for Cheque Account the [4 marks]
Bank statement shows a balance of Rp246.650.000 on 31 Jan 2015.

6. In addition to the transaction above, prepare a journal entry to record the [2 marks]
Depreciation on 31 Jan 2015, for the following asset categories [GJ#:G-150001]
[Category: CLP]:
• Bldgs & Imprvmnts Rp200.000

Save as Monthly Recurring Transaction start from 28 Feb 2015 for those
journal then use the recurring and record depreciation journal for 28 Feb 2015
[GJ#:G-150003] [Category: CLP]
[2 marks]
Prepare a journal entry to record the VAT Clearing journal on 31 Jan 2015
[GJ#:G-150002] for Dec 2014 balance. [Category: CLP]

7. On 31 Jan 2015, prepare adjust inventory to record Inventory Found [IJ#: I- [4 marks]
150002] [Category : CLP] for:
• 3 units of Maple Sycamore (MS) Rp 2.200.000/ unit as 5-1200 Timber &
Bldg Matl Purchases [Job: T]

8. Generate the following financial reports at 1 January – 31 January 2015 to PDF [4 marks]
file format, save in REPORTS folder :
• Account Transaction [Accrual]
• General Ledger [Summary]
• Standard Balance Sheet
• Profit & Loss [Accrual]
• Bank Register
• Reconciliation Report
9. From Security Preference, activate the option for “Use Audit Trail Tracking”, [4 marks]
then Lock the Accounting period for 31 Jan 2015. BACKUP your MYOB
Company Data File (ONLY), Check Company File for Error and Save the MYOB
company data backup file name as Your Name in Backup folder.

10. From Company Data Auditor – Transaction Review for 1 Jan 2015 to 31 Jan [4 marks]
2015, there is a “?” mark for Scan for Future Dated Transaction. Display it
andsendto PDF, save in REPORTS folder.
11. Edit payment from MR. JOHN on 16 Jan 2015 to partly payment for total amount [4 marks]
Rp1.100.000 deposit to Petty Cash for invoice on 16 Jan 2015. Keep the Cheque
No record as R-150001.

12. Delete all related transaction on 5 Jan 2015. [4 marks]

13. Generate and modify the Item Register Detail report like the sample below and [4 marks]
then save as PDF Format.

PT. NET21PLUS
Menara KADIN Indonesia, Lt. 30, Jl. H.R. Rasuna Said, X-5, Kav. 2-3, Jakarta 12950. Indonesia.
Tel. : 021-5570 0905 | Fax. : 021-5570 0907
E-mail : info@net21plus.com | Website : www.net21plus.com
 MYOB Basic Qualification Test
MYOB Accounting v19

~End of Assignment~

PT. NET21PLUS
Menara KADIN Indonesia, Lt. 30, Jl. H.R. Rasuna Said, X-5, Kav. 2-3, Jakarta 12950. Indonesia.
Tel. : 021-5570 0905 | Fax. : 021-5570 0907
E-mail : info@net21plus.com | Website : www.net21plus.com