MYOB Setup



Setting up MYOB for the first time

Learn how to do it yourself.

This section shows what you need to do to set up your company file in your MYOB software so you are ready to record transactions. It also introduces you to the Easy Setup Assistant in your MYOB software. From here you are able to perform various tasks, from setting up your accounts list (chart of accounts - see my Free COA for your business type) to setting up records for customers, suppliers and employees.

NOTE: If you are looking for instructions on how to:
Create a company file, see the Create a new company file topic by following the link (apologies, I will be writing this next week and setting links for the topics below).

Setting up the tax code list
Before you are able to set up an accounts list in your MYOB software, you first need to set up the tax codes that you will use when setting up your accounts.

Modifying the accounts list (chart of accounts)
Wether you are setting up your accounts list for the first time or just need to make a small change to match your business' changing needs, this topic shows you how to add, modify or delete a general ledger account from your accounts list (chart of accounts). It also shows you how to change the level of an account should the need arise.

Entering opening balances into the accounts
If you are transferring your existing accounting records from another accounting system into your MYOB software for the first time, after setting up your accounts list you will need to enter the beginning balances of the accounts into your MYOB software. This topic shows you how!

Sales setup information
This topic shows you how to set up default sales information that applies to your customers, to prepare you to be able to add a customer record into your MYOB software.

Add a customer
This topic shows you how to add a customer into your MYOB software so you are ready to record transcriptions relating to that customer. It also shows you how to modify or delete customer records in case you ever need to do this.

Purchases setup information
This topic shows you how to set up default purchases information that applies to your suppliers, to prepare you to be able to add a supplier record into your MYOB software.

Add a supplier
This topic shows you how to add a supplier into your MYOB software so you are ready to record transactions relating to that supplier. It also shows you how to modify or delete supplier records in case you ever need to do this.

Payroll setup information
This topic shows you how to set up basic information that applies to all of the employees in your business, to prepare you to be able to add an employee record into your MYOB software.

Add an employee
This topic show you how to add an employee into your MYOB software so you are ready to record transactions relating to that employee. It also shows you how to modify or delete employee records in case you ever need to do this.