
This course introduces the functionality of MYOB Advanced Project Accounting. The course describes how you can create a project, define budgets for the project to track project revenue and project costs, and bill the project. The course consists of short lessons and videos that will guide you step by step through the configuration and use of Project Accounting. When you complete the course, you will have an understanding of how you can set up MYOB Advanced for project accounting, and how you can process projects with MYOB Advanced.
Course Curriculum
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Introduction and Overview
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Fixed Price Projects
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Time and Material Projects
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Pro Forma Invoices - Time and Material Billing
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Pro Forma Invoices - Progress Billing
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Commitments
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Project Templates
- Overview and Creating a Project Template
- Creating a Common Task
- Creating an Project based on the Project Template
- Adding the Common Task to the Project
- Restructuring the Product Budget
- Billing the Project Budget
- Restructuring the Project Budget after Billing
- Creating a Project Template from a Project
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Time Tracking on Projects