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Accounting Practice Set Using MYOB AccountRight Plus Version 19

This practice set is designed to simulate the activities of a business i.e. Wipeout Water World, and provide students with the opportunity to process a number of common transactions affecting a business over one/or two accounting periods. It should ensure a greater appreciation of: (a) the steps required in the accounting cycle (including GST requirements); (b) entering sales, purchases, receipts, payments and general journal entries; (c) reconciling bank accounts, GST, Accounts Receivable and Accounts Payable; (d) printing financial reports which summarise the activities of the business for the period; and (e) the preparation of the Business Activity Statement.

For Mac users MYOB Student Edition software contains MYOB AccountEdge v9. This software works on Macs with OSX versions from 10.4 to 10.7 and is not compatible with newer versions of the Mac Operating System.