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Send debt collection letters using Microsoft Word from within MYOB

LIFETIME online training course access for MYOB, Excel and WordPressAre you using the Microsoft Word templates that come with MYOB? They are a great way to combine the data in your MYOB accounting software with the layout power of Microsoft Word. It’s also a great way of avoiding the emotions involved in chasing money, particularly if it is long overdue. Using Word Templates with MYOB enable you to maintain a professional, well planned approach to your finances.

This blog post contains a new video that will form part of our MYOB online training course. This course delves into the deeper parts of MYOB using some fancy and very handy features of the software. If you are receiving this blog post via email, make sure to click on the heading to get to our blog site to access the free video.

We won’t go into too much description here as the video speaks for itself, but we want to let you know that this new suite of videos will be available for existing students for no extra charge as part of our LIFETIME online training course access feature we announced in January 2011. If you want to receive our blog posts via email, just subscribe at our blog site.

Enjoy..

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Do you have to compete against workers from Bangladesh and The Philippines?

Philippines Remote Workers and Virtual AssistantsHigh Speed Internet, Software as a service, Crowd-sourcing websites, cloud-based services. They are all making it easier for small business owners to hire workers from anywhere in the world for rates that are much lower than Australia’s minimum wage.

I have written several blog posts about these new and exciting developments because they finally give small business owners the ability to hire like many large Australian companies. Finally, your local small business can have a professional logo or website without having to pay thousands of dollars. This might not be a good thing for Australian workers though…

I was interested to read an article about the PURGING of the professions in the Sydney Morning Herald because it highlights the huge issues that might face our workforce in the decades to come. There is one thing that does stand out in all this glum scenario and that is the value of Australian Qualifications, the ability to speak English (with an Australian accent) and the value of Continued Professional Development (CPD) to be current in your knowledge.

Most importantly it is important for Australian workers to be as aware as possible about software that can greatly improve their “productivity” so you can get more done in less time.

If you are not subscribed to this blog you can do so at this link. We have some exciting new announcements and new content for both Advanced Excel and some extra features using the latest version of MYOB AccountRight Plus so stay tuned.

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Why is Continuing Professional Development (CPD) important?

Continuing Professional Development for Bookkeepers- CPD and CPETwenty years ago you could safely complete a degree knowing that your qualifications will fuel your wages (that in turn fuel your lifestyle and desires) for the rest of your life. This is no longer the case. Changes in technology are partly to blame but so too are changes in legislation and workplace practices.

If you are an accountant, working in the finance or medical professions you would know about CPD (also called Continuing Professional Education – CPE). It’s a system of providing education for professionals to keep them up to date with what is going on in their professional and this is particularly important if your profession involves advising your clients.

CPD usually involves training seminars, short courses, watching online webinars and completing assessment tasks and each one of the tasks you complete give you a certain number of points towards your total yearly point requirement. Keeping track of your attendance or the results of an exam you did at the end of completing a short course are some ways of keeping track of these points.

Why do we mention it? Because it going to become VERY important if you want to be a professional bookkeeper.

If you have completed (or plan to complete) an EzyLearn online MYOB Bookkeeping training course you will be reassured by the fact that we are currently working on tools and assessment tasks to providing you with a solution for affordable Continuing Professional Development.

You’ll also be thrilled to hear that as an accredited training provider of the Institute of Certified Bookkeepers our CPD program will provide you with points towards their CPD program.

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Do you need more customers, more people, or more time?

Professional bookkeeper and online WordPress training course and hostingI was going through our EzyLearn blog library of articles today. In doing so, I was reminded that we started blogging back in 2007.

This was one year after we closed our three Sydney-based computer training centres to focus solely on online training courses.

After reading some of the old posts, I again realised just how much work is involved in maintaining a blog!

The Necessity of Blogging

When I analyse the workload of the EzyLearn team members and the hours we spend creating step-by-step training workbooks, training videos, knowledge reviews and assessment tasks, I realise that it is all very necessary.

Back in 2007, blogging wasn’t new. In fact, many people had heard of it but most small businesses (or large ones) weren’t really doing it much.

We at EzyLearn wrote a workbook to teach people how to use WordPress and it highlights one of the most important parts of being a training organisation. This being, to study what is new and understand how it will affect businesses and employees that use technology into the future.

This blog you are reading right now is read by a lot of other people and it highlights:

  1. Our commitment to keeping you informed
  2. The range of skills our team has
  3. The number of customers who come to us as a result of reading this blog

Why Blog?

Why am I talking about this? One of our most popular online courses is the MYOB Bookkeeping Course and a lot of people who complete this course want to start their own business.

These same people are keen to build their customer base enabling them to work their own hours, use their brains and earn a good living.

Having a website with built-in blogging functionality based on the WordPress Content Management System is a fantastic way to tell people what you know and drum up new customers. It enables you to keep in contact with people, keep giving them information with no strings attached, and remain top of mind.

Blogging and “content marketing” just takes a bit of time to learn and then keep up to date, but you’ll end up with more customers and won’t have to pay for Google Adwords! 🙂

Read more about why we do content marketing

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Certificates issued

Institute_of_Certified_Bookkeepers Accredited MYOB Training CourseWe would like to congratulate all the students who successfully completed their course this month, your certificates have now been issued.

If you are contemplating our online MYOB training course you’ll be very happy to know that the certificate includes the logo for the Institute of Certified Bookkeepers (ICB). You may also recall that you can join the ICB as an EzyLearn student for free.

Here are some comments made by students about the course this last month:

The video durations made the course easier to absorb and having to complete assessment question at the end of each video session reinforced the knowledge gained.

– Julie from Mt Isa

Being able to work at your own pace & the ability to go back over anything, at any time. Easy to understand language, with added hints was also very helpfull.

– Maria from Macksville

Easy to understand and follow, Steve’s soothing voice

– Alexandra from Catherine Field

The Video’s are  quick and to the point

– Shauna from Green Point

 

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EzyLearn MYOB students now get free membership to the Institute of Certified Bookkeepers

Accredited online MYOB training course and support institute of certified bookkeepersIf you are learning MYOB because you want to become a bookkeeper you should know that the bookkeeping industry is undergoing huge changes at the moment and that you need to be aware of these changes.

One of the best ways that any person or company can keep up-to-date with changes in an industry is to participate in continuing professional development training and by joining an industry body. EzyLearn is a member of a number of professional associations including:

  • Australian Institute of Training and Development,
  • Australian Web Industry Association, and the
  • International Coaching Federation

We are also an Accredited Training Provider of the Institute of Certified Bookkeepers. This industry group ensures that all industry participants abide by professional standards and we are also thrilled to announce that as of today all EzyLearn MYOB course students are eligible to join the Institute of Certified Bookkeepers as a student member for free (normally $75)

The forms to access this free student membership have been updated in our learning platform so please feel free to log into your course and get your free membership.

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MYOB Day-to-Day course now available separately

Receive-payments-using-MYOB-training-courseUp until now we have sold all our courses as one package because we felt that that is what everyone wants. Guess what? A lot of people did and still do love it, but we found that a lot of people just want enough skills to get then a job performing data entry tasks using MYOB. For this reason we’ve made that course available.

The MYOB Day-to-Day course is still a full days worth of training on the Sales, Purchases, Banking and Inventory modules. The workbook in that course takes you through the process of a company ordering products from the wholesaler, receiving the stock and then selling that stock combined with the services they provide to their customers. Along the way, there are part payments, full payments, Accounts Receivable reports, sending of statements and much more.

The new individual course is available with 12 months access so that we can provide a great resource with up to 12 months to access it when you need to. MYOB Day-to-Day training course includes all the topic in course 502. See what’s included in the MYOB Day-to-Day Course.

If you are interested in this new low cost online MYOB training course option, discover the price for this an our other online training courses at our enrolment page.

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Want to operate your own online training business?

Online training course and support business for saleEvery business owner makes decisions about how they want to grow the business and the different “channels to market” are discussed in strategic management textbooks regularly. In 2010 EzyLearn made an executive decision to build a Partner program so that other companies can benefit by working with us and our training courses and content.

We explored many options including affiliate marketing and in 2012 our line up of available partner plans has evolved completely. You can start with

  • some code which can go onto a page on your website and receive a commission for each sale,
  • you can have a new website commissioned with all the information about our online courses and an enrolment form where you receive the payments, or
  • you can plug right into the EzyLearn enrolment process and receive payments from the general public.

If you are interested to learn more complete our online training business opportunities application form and begin your journey.

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Can MYOB repay it’s debts with its head in the clouds?

cloud-accounting xero vs saasu vs myob online training courseWe wrote back in early 2010 about what appeared to be a revolutionary move at the time about MYOB founder Craig Winkler jumping ship and moving to Xero. In the recent bad press about the bug-ridden upgrade of MYOB AccountRight 2011 there is an interesting mention about Cloud Based accounting and MYOB’s goals to get into that space.

In the past 12 months we have worked with as well as provided training for many virtual assistants (remote contractors) and we’ve come into contact with other cloud-based accounting/bookkeeping services you might like to know about. Our pick of the bunch would have to be SAASU at this stage because they have a product that is perfect for remote contractors or micro businesses.

It appears that Xero and SAASU own the online accounting market space but it will be interesting to see how MYOB go as they diversify into cloud accounting as well as their many other products like website hosting, which we’ve never really understood when there are market leaders like MelbourneIT and NetRegistry as well as thousands of small providers.

While we’re on the topic of cloud, here’s a little plug for virion business grade voip. Our trainers have compiled an Excel spreadsheet to demonstrate the cost savings of VoIP over traditional telephony and this year we will have some training for IT Consultants about the Siemens Gigaset office phones.

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Is it better to repay your debts or prepay with discounts?

Microsoft Excel prepayments online training course and MYOBThe recent bad news about MYOB AccountRight 2011 demonstrates the risks involved when you borrow money for any venture (MYOB have a $575M loan that they need to repay). The money needs to be paid back and luckily you can use MYOB software to keep track of what is owed to you. It also brings up the question of rather than having a debt to repay can you pre sell what you do (at a large discount)?

We are asked many questions in our MYOB online training course support service we call “EzyLearn ANSWERS” and one of the recent questions was “what is the best way of keeping track of Prepayments”. We took the question to our Registered BAS Agent and MYOB Tutor as well as our Microsoft Excel Expert and we’ve come up with two scenarios, one using MYOB and one using Microsoft Excel.

What is the best solution?

You could use MYOB to handle pre-payments, or you could use it as a simple track of the lump sum payment you’ve received into your bank account and use Excel to enter the day to day information about how and when that prepayment is used.

We’ve created an Excel “Handy file” for you and we’ve putting the finishing touches on the workbook that explains how to do it using both Excel and MYOB so stay tuned to this blog or subscribe to receive these blog posts via email as they are published.

Need something created in Excel? Enrol into the online Microsoft Excel course and use EzyLearn ANSWERS to put it to our Excel guru.

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Accountants now refusing to recommend MYOB

As part of our commitment to create new training content every quarter for our online MYOB training course we’ve added some addendums to the bank reconciliation and payroll courses in line with the latest version of MYOB AccountRight Plus available. Many Accountants however are not recommending that their clients make the upgrade.

We received some complaints from students about issues they experienced with the MYOB Bank Reconciliation and Payroll Intro courses and as a result our Registered BAS Agent and MYOB Tutor, Jacci, went through the course and wrote some notes to help students come up with the correct results.

Just as we suspected after speaking with bookkeepers and accountants it appears there are major flaws with the current version of the software and it’s affecting the revenue of MYOB Professional Partners and Consultants (who are being encouraged not to share the information).

It’s times like these that we are all tested as trainers, installation consultants, bookkeepers etc to be confident that we are doing our best to use the software to provide the information that we need. It’s also a good time to understand the benefits of having alternative ways of working with your data (ie. using a spreadsheet like Microsoft Excel) to perform calculations for PAYG and Superannuation.

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Do you pay yourself but don’t use the Payroll feature of MYOB?

Australian Taxation office ato logo - payroll myob bas paygSometimes we use the EzyLearn Blog to inform readers about general course information. Today we’re announcing a new exercise file that is included in our Microsoft Excel Course 308 (which covers Macros) as well as the MYOB Payroll Course.

If you are a small business owner and you only have yourself or a handful of employees you might come across the dilemma about how to keep a record of payments you’ve made to yourself so that you can pay the correct amount of PAYG, Super etc. If your business is only small you may decide not to purchase and use the full MYOB AccountRight Plus version of MYOB accounting software and opt to keep Payroll records separately or in an Excel spreadsheet.

In a previous post we mentioned that one of our course content creators was working on a spreadsheet to help with PAYG and Super calculations for BAS reporting. Well it’s now ready (AND there’s more to come).

The Excel spreadsheet we have created enables you to enter the total amount that you have paid to an employee (or yourself) and calculates the PAYG and Superannuation that is payable for that amount (you can adjust the superannuation rate). All you have to do now is enter the payment into MYOB and your compliance is assured.

This file is handy if you pay yourself irregularly or differing amounts as you need it. Using this PAYG spreadsheet you simply enter the total amount you’ve paid yourself (or an employee) over the quarter and it finds how much you need to pay in PAYG and Super.

This excel file uses the VLOOKUP command in Microsoft Excel and the tax tables for weekly pay at the ATO website. If you are an existing student you’ll find the exercise file in the Excel 308 course (under the heading Handy Files). This course covers 3D formulas, CHOOSE, VLOOKUP, HLOOKUP, MATCH and INDEX, nested functions and how to protect worksheets.

Did you know that when you enrol into the EzyLearn online Microsoft Excel course that all levels are included for the one price? This also includes access to new content as it is created and you have lifetime access.

 

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What do you want in a training course?

Dr Evil - Need the info - what do you want in an online training courseSometimes we use the EzyLearn blog to learn more about what you are looking for in a training course, particularly if you have not done a course with us before. As a thank you for sharing your opinions with us you’ll receive a discount coupon for one of our courses and updates about special offers.

We’ve assembled a simple Course Needs Assessment to understand what you are looking for. With online training courses and support for MYOB bookkeeping software, WordPress website design and blogging software and Microsoft Office, we cover a wide range of topics.

Our courses are for:

  • Job seekers,
  • Those already in a job and
  • People seeking skills to operate their own business

Each category of student has slightly different needs and we want to make sure we are catering for your training needs.

Complete this brief questionnaire to join the “specials” list and receive a discount coupon code for one of our online courses.

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Statement of formulas for calculating PAYG amounts to be withheld

PAYG withholding Scale 7 for weekly wage payments for online MYOB training course and supportThe MYOB Payroll Training Course is in stage two of development. The contents of our existing Payroll course give students an introduction to how to navigate around and get fundamental information about the payroll environment in the sample company file. As part of our constant improvement process we are developing payroll scenarios as exercises for our students. This new content when published will be available for all existing Payroll Students and all those who have enrolled with the LIFETIME training course Access option.

Which table to use?

The ATO release papers that provide you with the information you need to perform your calculations regarding PAYG, super etc. In this blog post we look at Schedule 1 Pay as you go (PAYG) withholding NAT 1004. If you take a look at table 7 on page (see diagram on this page) you’ll see the variables or what the Australian Tax Office call coefficients.

New Spreadsheet for Excel and MYOB students

One of our content creators is in the process of creating an Excel spreadsheet as a simple tool to help you work out how much PAYG tax and super you owe at the end of quarterly BAS reporting period. It’s a tool that we will offer both Microsoft Excel and MYOB Training Course students when it’s ready. And no, before you think of asking, it won’t cost you any extra money to receive it. It’s available as part of our LIFETIME student access.

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Hello to New Zealanders

New Zealander users of MYOB accounting software enrol in our online training courseSometimes we use the EzyLearn Blog to inform readers about who uses our online MYOB training courses. We received an email from a New Zealand student and we have had many New Zealanders enrol into our MYOB Training Courses.

MYOB is an international business that started humbly many years ago in Australia but sold recently to a private equity firm, valuing the business at over $1 Billion dollars. You can see from a recent Bloomberg article that the value of MYOB has grown significantly in recent years.

MYOB, Craig Winkler, Xero and Online Accounting

While we are on the topic of big business and who’s buying what, you might be very interested to know that MYOB founder Craig Winkler closed his account with the company he started in back in 1987, to become a major shareholder in New Zealand publicly listed online accounting company and rival called Xero.

Online accounting appears to be the domain of online workers like website developers and we have had very little demand for MYOB Live Accounts (online accounting competitor to Xero) so as yet we don’t cover MYOB Live Accounts. We wrote an article about cloud based software and it’s importance in the rise of remote contractors (Virtual Assistants) back in August 2010 so feel free to learn a bit more about cloud based software services.

We can help New Zealanders

Until then, we just wanted to say that if you are from New Zealand and you want to learn about MYOB accounting software, we can help you. I also want to add that if you are an existing EzyLearn student and you want to highlight some of the difference between the Australian training videos and the New Zealand version of the software, send us an email to sales@ezylearn.com.au, we’ll get Jacci (our resident BAS Agent) to write something up and include it in our course.

To see the full list of topics included in our online MYOB training course visit our website and REMEMBER, we offer all our MYOB Courses (including updated and new content) for one price AND you receive LIFETIME access.

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Having problems with bank reconciliations using MYOB AccountRight Plus version 2011?

Sometimes we use the EzyLearn Blog to inform readers about modifications to our MYOB online training course. We’ve received feedback in the MYOB Support area from students that elements of our MYOB Bank Reconciliation course are coming up with errors when they use the most recent version of the MYOB software.

Bank Reconciliation using MYOB version 2011

One of the great aspects about coming across problems in a course is that it replicates the type of problems you’ll experience in the workplace or while managing your own business. Jacci, our resident BAS Agent has gone through the steps in the course and identified potential issues. She has written up a concise guide that is now included in the bank reconciliation course (#503) to help you balance the books using MYOB.

Online training and support for MYOB, Microsoft Excel, WordPress and moreIf you come across problems or issues please feel free to use the EzyLearn ANSWERS service we launched in May 2011. It is part of our growing support options for students. If you operate a small business and want to know something or if you come across an issue that is not covered by the training in our existing course let us know because EzyLearn courses are LIVE courses, they are growing every month with new content that you don’t have to pay extra to use.

online training and support for MYOB, Microsoft Excel, WordPress website design and moreOh, before I leave you on this blog post I want to highlight our new student support option we launched last month – Tutor Support and Student Community – it’s a way to connect with other students and have direct contact with our professional tutors who have real life experience using the software in their daily business life.