Sometimes we use the EzyLearn Blog to inform readers about new course content or updates to existing training tutorials. We have created new content for the MYOB Reporting Course and more specifically how to complete your BAS using the BASlink in MYOB.
If you are an existing student you’ll know that you have access to this new content for no extra charge.
We downloaded the latest version of MYOB AccountRight Plus to perform these tasks and you’ll be thrilled to know that the navigation of the program (apart from where the Sample company file is stored) is VERY similar. The icons and images are slightly different, but navigation is the same.
Stay tuned for the next free MYOB Training Video about this newest version of MYOB Accounting software. The next step after performing a bank reconciliation (Course 503) is the Quarterly or Monthly BAS (Business Activity Statement).
The EzyLearn Blog is where we officially release information about updates and additions to our existing training courses and today we announce new content for the Reporting Subject in our MYOB Training Course.
We are thrilled to announce the production and implementation of the Reporting module in the online MYOB Training Course. In the production of this course we will be including the learning outcomes for BSBFIA401A Prepare Financial Reports subject that forms part of the FNS40210 Cert IV in Bookkeeping course and certification.
Topics included in this course will include training on how to
Prepare an asset register or property, plant and equipment, determining the depreciation calculation for these assets and keeping a depreciation schedule
Adjust expense and revenue accounts for prepayments and accruals
Adjust ledger accounts for inventory and transfer to final accounts
Create journal entries for balance day entries and prepare final general ledger accounts to show gross and net profits for the reporting period
Prepare revenue statement, balance sheet and cash-flow statements
MYOB Q&A Support
We’ve modified each MYOB Training Course to clearly indicate where you can ask our resident MYOB expert a question specific to your needs and your circumstances. The MYOB Q&A Support service was announced back in May 2011 and it’s just one way that we try to give you the best MYOB Training experience for a fixed price and LIFETIME training access!
Profit and Loss Report
Does that sound familiar? It WAS also called the P&L Report, but as our country marches in time with new international accounting standards we join the rest of the world in calling it the Income Statement. An Income Statement tracks revenues and expenses during a given period. The difference between the revenues and expenses represents a net loss or gain and Income Statements provide business owners with an understanding of the health of their business.
We’re the same. We love to come into contact with new software and internet technology and anything that will help us to remain a market leader in online MYOB training. We also like to receive feedback (positive and negative) from our students so we know what we are doing well and what we can improve on.
Recent feedback has been about the navigation around our online training video tutorials. These videos are full audio visual demonstrations using the software, just like you would expect in a training classroom using a data projector.
With online training video tutorials you can go over our material again and again until you understand it. You can also go over it in the future when you come across a problem you need some help with. Combine it with our step-by-step training exercises and knowledge reviews and you have a complete learning solution.
So, what’s the news?
[box] We’re putting all new content and upgraded training course materials onto a new dedicated video hosting server![/box]
What does this mean?
It means that the videos are hosted on a separate service to the learning course so that both will operate much faster. All new training videos will also have a navigation panel and the ability to scroll through the video to the place you want to be and finally you’ll be able to expand the video so that it takes up your entire screen.
If you are enrolled into our online MYOB training course you’re probably aware of our LIFETIME access feature. You might also recall that this feature enables you to log in at any time and have access to any new or updated content that we create.
We’ve just created training video tutorials for our MYOB bank reconciliation course!
The training workbook for the bank reconciliation course contains a project where you can create a new company file from scratch, import an accounts list (Chart of Accounts), import transaction journals and then enter your own transactions to complete a bank reconciliation. It’s a very satisfying feeling!
Here is a list of the 9 new training videos we created. If you are a student you can simply click on each video, sign-in and start watching.
As part of our continuous improvement process we are now hosting our videos on a dedicated video hosting platform and the videos can now be paused and played and you can enable them to take up the full screen for easier viewing.
The people who want to use MYOB on a day to day basis don’t necessarily want to learn how to set it up from scratch or customise MYOB forms. This task is commonly performed by a bookkeeper or accountant and perhaps in the case of a micro business (or a sub contractor) by the business owner themselves. To accommodate the specific needs for business owners and employees alike, EzyLearn has changed the enrolment options for its online MYOB courses.
Late in May 2010 we introduced an Installment Payment option using PayPal for students who wanted to learn how to use the program but didn’t require a certificate, which reduced the cost considerably. Now you can enrol in each of the individual courses separately and for an amount that is very affordable.
It’s coming close to end of financial year and this is the best time for small business owners to learn how to use and eventually implement MYOB as their accounting software. It’s the best time to do the MYOB Setup Course that provides you with the software skills to create a new company from scratch and set it up for daily use. Click here to visit the online elearning website and see the outline of topics included in the course. This link also provides you with a Pay Now option to get started straight away.
Full access to myobcourse.com.au for 12 months is now available at the reduced price of $116 (paid off over 4 months). This is made possible by the new Installment Payment feature available on PayPal and you don’t need to have a PayPal account, you can use your credit card (even though PayPal make this process a little confusing to find).
The pricing has changed because we realised that not everyone wants a certificate at the end of their course, they simply want the skills on how to use MYOB on a day to day basis. Rather than simply give every attendee of the MYOB course a certificate just because they paid their enrolment fee EzyLearn students perform a bank reconciliation (and all the entries to make that possible) and email their datafile for assessment. This process of handling the datafile is time consuming and requires an experienced user to assess whether the tasks were performed correctly.
Our new pricing and installment plan is designed to make our course more accessible to a wider range of potential students who might not have the means to pay for it all up front. Visit the website www.myobcourse.com.au/elearning and look for the enrolment links at the right side of the website.
It’s ready! The workbook for the MYOB 502 (day to day transactions) training course is now ready. This workbook now has a better flow from navigating around the MYOB screen, creating inventory items, purchasing products from suppliers, setting inventory item properties, paying bills, creating quotes, orders and invoices to receiving payments and making bank deposits.
This workbook has larger screen shots, better practice tasks and references to our online training videos. You can even use the workbook by itself to learn how to use MYOB accounting software.
Proof of training and evidence of completion of a course are two significant ways to prove that a person has the skills to perform selected tasks when they are in the workplace. How is this achieved with online training?
A certificate in the hand of a potential employee might seem like the answer to everyone’s hopes. Companies are looking for staff with the skills and prospective employees want to be employed. So, what does a certificate mean? The most structured form of vocational training is a Certificate or Diploma course, these courses are operated by RTO’s (Registered Training Organisations) who adhere to strict guidelines in assessing students skills level, running the courses and assessing the students skills at the end of the course. Under these strict guidelines you can be confident that if someone has a certificate that they have reached a certain level of competency.
EzyLearn is a computer training content provider, in other words, we create training videos, workbooks and exercise files that are used by private individuals, companies and training companies (including RTO’s). Some of these companies have qualified assessors who are able to provide a Nationally recognised Certificate, regardless of the training materials used.
At our www.myobcourse.com.au website we provide a Certificate of Completion. Our assessment of a students skills are based on their ability to take an MYOB data file, make changes to it like enter inventory items, create customer cards, create invoices, apply payments to those invoices and perform a bank reconciliation. If they can send the data file to us, there is good evidence that they have the skills required for most every bookkeeping tasks.
I think about the times when I have been to countries like Egypt and Vietnam where there seem to be so many people willing to help travellers who’ve just arrived in the new town. I quickly got to learn that they are doing it for the money. This is why tourism is so important in these countries… It’s how locals can get paid by tourists who need help.
I’ve often pondered how this method of income works in developed countries like Australia. I mean you or I can’t go to a local hotel and say, “If I bring you a customer, will you give me 50 bucks?” Why? It would probably get quite messy, it would encourage a cash economy (and we don’t want that, do we?) and it might even cause some arguments. But it’s making sense to me just how easy it is with affiliate marketing.
EzyLearn has just created an affiliate program for www.myobcourse.com.au to help increase traffic to our site. I’ve gone through the steps of implementing code on the website, checking that it works with a test sale and everything is tracked beautifully!
The great thing about affiliate marketing is that you simply have to tell people about whatever product you like and believe in, this is particularly good if you’ve used the product/service and love it. Everything else is done for you, if no sale is made, you don’t get paid, but if it is, you’ll earn money. Even better than that, you don’t even need a webpage to do it! You can simply setup a Twitter page and paste your unique affiliate link as a tweet!
So, the key thing to know about affiliate marketing is that you end up with a unique URL (basically a website address) and if people click on it, they will be taken to our website and clixgalore make a note that this visitor in their system. If a sale is made it is tracked through the PayPal shopping system and ultimately the commission is credited to you.
EzyLearn’s MYOB Training Courses are now being used by JOB Network centres, CRS Australia and other employment agencies because:
There is a wide range of content (MYOB Setup, Day to Day transactions and bank reconciliations),
Students can start straight away,
Students can access the training materials any time, day or night,
Students can access the training material from their home or office or anywhere with an internet connection, and
The training that everyone receives is consistent.
We have begun production of our MYOB Payroll training videos and when the training materials are completed, they will be made available to all students at no extra charge. EzyLearn’s MYOB course: all myob courses rolled into one.
But best of all, we are so confident that students will like our training course that we are now offering a money back guarantee. If, within 7 days, you are not satisfied, we’ll give you all your money back.
A money back guarantee means that if you aren’t satisfied with what you learn at our online course, then you receive a full refund. We asked ourselves “Do people like to learn this way… with online videos?”, then we thought lets give students every reason to try our MYOB course…If we offer free automatic student registration, access to 20 free videos and then a refund if you don’t like what you see, there’s really every reason to give it a go.We took a look at the pricing for most of the other websites offering MYOB courses and most of then charge a lot more, operate on a schedule (so you can’t start whenever you want) and then after the course there are no videos to reference on an ongoing basis.Here are some links that take you straight to certain videos at our website. You just need to ensure you have a free student account and you should be able to watch the videos.* Purchases: receive money and pay billshttp://myobcourse.com/elearning/mod/resource/view.php?id=538* How to find transactions in MYOBhttp://myobcourse.com/elearning/mod/resource/view.php?id=501* Create customer and supplier cards in the MYOB Card filehttp://myobcourse.com/elearning/mod/resource/view.php?id=477There are 17 more videos that you can watch for free, and hundreds more when you enrol. Best of all, you can access these videos for 12 months as often as you need.Please feel free to post a reply to this post with your comments. I hope you like what we’ve created for you.
With the financial crisis firmly upon us the employment landscape has changed significantly. The sad reality that we can plainly see is that large companies are reducing staff numbers at all levels including management significantly due to lack of demand for their products. This is leaving both unskilled as well as management staff without income and in a situation where they need to find employment elsewhere or start their own business. It is important at all levels to retrain and upskill to make themselves competitive.Those ex-managers left looking for work may decide it is long overdue for them to start their own business, work their own hours and potentially make lots more money. They’ll need MYOB to run their own business. Even if they employ someone to run their accounts, it is important that they understand parts of the system to be able to use the valueable accounting data available to them.
Employees who need to find another job, mainly if the new job is in an office or office admin environment, will need to know MYOB accounting software as well as other office applications like Microsoft Excel, Word and Outlook. Why do employees need to know about these software programs these days? Having skills using computer software like Microsoft Word, Excel and Outlook and accounting software like MYOB are critical for employees in todays employment market because it sets them apart from their competitors, other job applicants.
Whereas many companies used to train staff up, it is expected these days to have the skills before you even start working with the company. Sometimes when job applicants apply for jobs they are asked about their Excel and MYOB skills only to find that after they receive the job that they didn’t need the software or only started to need it after 3-6 months of work. If they completed a course just to have the skills, it is often the case where they need to do another course as a refresher. This is where EzyLearn is different.
EzyLearn is flexible training at your own pace and in your own place. MYOBcourse.com is an online training site that uses EzyLearn content to provide flexible MYOB courses to those who want to know how to set up an MYOB accounting file from scratch or those who need to use it on a day to day basis. It’s completed online and at your own pace, but best of all you receive a certificate after completing the assessment task and have 12 months access to the training material if you forget things or need to focus on new skills during the year.
Why would you travel to a training centre, spend a day of your time and cram the information into your brain, when you can watch the EzyLearn MYOB training course videos over and over as many times as you want for a fraction of the price! The MYOB online training courses are available at www.myobcourse.com at more than 50% off their normal prices, PLUS, if you purchase the MYOB accounting software from us (Accounting Plus version), we’ll give you the training for free!Best of all, you can watch 20 videos for free, just to see if you like our training style. So, what are you waiting for? Register for free and watch videos for free and if you like what you see, enrol for over 50% discount.
Why did we single out the letter B? Well, because it is a combination of Business and book (as in Book keeper). The real reason is we wanted to have a catchy heading to make you read this BLOG post. But if you are serious about becoming a bookkeeper then you may want to take a look at the Wikipedia definition of a bookkeeper (http://en.wikipedia.org/wiki/Bookkeeper)…. Sounds pretty boring doesn’t it?? Still, a necessary evil in our modern capitalist world, and a great way to earn a living as an independent contractor. Yay!!
The real reason for this blog is to let you know that we have started a social networking site for people who are learning, know how to use or want to know how to use MYOB Accounting software (the best selling accounting software in Australia).
To join the network, get to meet other bookkeepers and improve your knowledge please feel free to join and build a ‘sphere of influence’ that will help you provide a better service to your customers and build a level of confidence to perform at your peak (great marketing words aren’t they). Apart from the humour it is important for upcoming MYOB users to get to know other users, build a community and improve their skills in an ever changing taxation environment.