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MYOB Assignment Help

Get Accounting Professional MYOB Assignment Help Services


With the increase in overall literacy rate, the availability of jobs in the typical branches of studies is getting less available for the recent increase in the students. Students often tend to go for various other branches of studies which are rather secure for their future. In recent years with the increase in business and availability of markets all across the globe has increased the requirement of employees who are good at figuring different types of taxes, sales rate, etc. The various software which is used to calculate these taxes and accounting is costly and is not good for the startups to buy their license for their corporate use. This has led to the development of various software like MYOB Perdisco software which is the type of accounting software that can be used to calculate accounting, invoicing, banking, etc. This software gives the user great function by which they can calculate the sales tax, income tax, discount, GST, etc. with a click on the software with great accuracy and precision without the need to do any calculations from the user.

This software is powerful as well as easy to use once the user has complete knowledge of the software. Does it sound interesting as well as complex? The complexity of the software is very much from the fact that this software can be used to train students on the situation which are arbitrary and present just to teach students the various ways to deal with complex issues in the field of business and administration. Students often get confused and find it extremely difficult to complete these tasks on their own. Various colleges use this MYOB software to teach students the various theories and methods to solve problems in accounting and business matters. These all make it extremely useful software for the colleges to give some practical knowledge about the different types of situations that may arise during the working phase of the student. Though all colleges almost use the same technology, the different ways of organizing this are facts that make it difficult for students to score good marks in their assignments and projects.


Can Someone Help with the MYOB Assignment Writing? Consult Assignment Hippo for MYOB Perdisco Assignment Help in Australia


Students often ask us why they need professional assignment help for their MYOB Assignments. Well, there are many reasons. These assignments are very complex and require a well-experienced professional to solve them according to the correct procedure to get good accuracy in these assignments. With the help of professionals, students can get to know the correct procedure and methods to do any MYOB Assignments. MYOB assignments are particularly not much difficult to complete but they require students to find and store much data on which they are working. After the data is collected they are required to be processed and then are required to be presented in a format that is generally different for different colleges. Hence the required results from the data for one university may differ from the required format for the other making it impossible for the students to copy it from other students who study in a different college. This makes it extremely difficult for the students to complete their assignments because they are not getting any help from any online community which is frustrating for the students.


MYOB Perdisco Assignment Help

Different Tasks Performed By Our MYOB Assignment Help Experts


The professional MYOB assignment help provider can sort the data correctly and they are much more experienced in using the MYOB software, hence, they are more suited to do this job done. Students often require to score good marks in their assignments and projects to get a good job in their future. It is often seen that students spend too much time completing their assignments and get bad grades because they were not much experienced in the MYOB to get good grades. Professionals keep the difficult job of gathering the vast amount of data, generating the required information from the data, and presenting it in the required format as per the university rules away from the students so that they can work on their theories and other theoretical studies that they have to complete. This has many benefits as students are exempted from the tedious work and they have more time to score good marks in their theoretical exams.

AssignmentHippo is one of the many assignment help providers which can be found on the internet. But the question arises of what makes us the best among them all. To answer this question we need to know what makes us the best among our competitors. We have thousands of students who are happy with their assignment which has been completed by us. With our customer satisfaction rating of more than 9.4, these statistics make us the best online assignment help provider. Also with professional help, they can be sure that they can score almost full marks in their assignments which ensures that their overall grade in the subject is high. We at Assignment Hippo provide online assignment help in MYOB so that students can score good marks in their examination. To know more about us, let us move to our next section.


How our MYOB Assignment Help Writers Assist University Students Which makes us the Best MYOB Experts


Many other factors that make us the best online assignment help provider are given below:

Experts from all over the world: Our experts are the best of graduates from bachelors and master degree holders hired from all around the world. We also have many professors who work with us to provide students with good assignments. To complete the assignments in MYOB, the experts are required to have a great deal of knowledge about accounting and other processes so that they don’t miss any of the formats which could result in bad grades in their assignments and projects. To ensure students stick to the format and their assignments are in the format that has been specified by them, the professors check these assignments to ensure that.

Deadline friendly work: Since the professors give a time limit for the submission of their assignments. Students are often anxious about their assignment completion and we make sure that students decide the time at which they want their assignments completed. This ensures that students get ample time for the students to check their assignments to find any issues with them which they can tell us so that we can fix them.

Least price for the work: The price of completing their assignments is usually high for most of the online assignment help providers. But we have a very good pricing scheme which makes it possible to complete the assignments at the least cost possible so that students can get their assignments completed even if they don’t have much money with them.

Best customer support: We have 24*7 customer support which makes it easier for the students to talk to us about their issues so that they can be resolved as soon as possible. This also ensures that students can get their assignments anytime as we keep in mind the different time zones that students come from. Since we want to help the students all over the globe, we have kept a separate team for this purpose alone. 


Sample MYOB Assignment Questions Solved By the Expert


Students are required to complete the following comprehensive computerized business simulation accounting exercise Aussie Parts Pty Ltd using MYOB account right plus 2018.3/2018.4 version. The assessment will introduce you to how to use accounting software and will allow you to set up a company from scratch and to consolidate your knowledge of transaction processing. Once you have completed the exercise you are required to print the following reports in a PDF format and submit them to your lecturer. Students who fail to print reports in the above-mentioned format will be penalized. When setting up your company make sure your student id number appears along with the business name. eg (s1009739 Aussie Parts Pty) Please note there will be no assistance from your lecturers with completing this assignment. You are expected to use the additional resources referred to within the unit guide and the additional help notes uploaded on VUC.

Reports to be printed and submitted in PDF format:

  1. AGED RECEIVABLES (SUMMARY)
  2. AGED PAYABLES (SUMMARY)
  3. TRIAL BALANCE (YTD)
  4. PROFIT & LOSS STATEMENT
  5. BALANCE SHEET
  6. BANK RECONCILIATION
  7. ACCOUNTS TRANSACTIONS ACCRUAL

The above is to be followed strictly. Reports without student name & ID and reports with other financial years will not be accepted.

The assignment requires you to complete the following tasks for the month of JULY using the following financial period: Financial Year 2020- 21( current financial year)

SET UP COMPANY as– Retail – Aussie Parts Pty

SET UP ACCOUNTS

SET UP SALES AND PURCHASES

SET UP INVENTORY ITEMS

ENTER TRANSACTIONS

BANK RECONCILIATION

STOCKTAKE

END OF PERIOD PROCESSING

END OF PERIOD REPORTS

You are the owner of Aussie Parts Pty. The firm distributes various types of vehicle parts to businesses in the Melbourne suburban area. The company is located at 205 Ballarat Rd, Footscray, 3015, Ph: 03 9349 9999 ABN 17 222 888 000. The firm's Balance Sheet at the beginning of July (i.e. Opening Balances) is presented below:

BALANCE SHEET OF Aussie Parts

AS AT 1ST July

$ $

Current Assets

Cheque Account 40,000

Payroll Cheque Account 15,000

Merchandise Inventory 16,000 71,000

Non-Current Assets

Buildings & Improvements 80,000

Warehouse Equipment 62,000

Office Equipment 8,000

150,000

Total Assets 221,000

Current Liabilities

Creditors 6,600

GST Paid – 600 6,000

Non-Current Liabilities

Bank Loan 34,000

Mortgage 50,000 84,000

Total Liabilities 90,000

Net Assets 131,000

Proprietorship

Capital – Your name 131,000

Equity 131,000

 

All goods purchased and sold are subject to GST.

Customer Details:

Customer No.1. Dan’s Auto Repairs, 25 Grange Rd, Sunshine, Vic, 3021, ABN 18 777 888 993

Customer No.2. Andy’s Repairs, 20 Hampshire Rd, Sunshine, Vic 3021, ABN 32 444 332 443

Customer No.3. Panel Kings 121 Addison drive, Caroline Springs, Vic 3023, ABN 16 555 533 523

  • Customer Credit Terms are Net 30 days.
  • All Customers have a $30,000 credit limit and pay by cheque.
  • The next Customer Item Invoice is # 6301.

Supplier Details:

Supplier No.1. Mycars Ltd, 12 Sky Drive, Footscray, Vic, 3015, ABN 55 666 777 885

Supplier No.2. Ex Pipes Ltd, 201 St Kilda Rd, St Kilda, Vic, 3000, ABN 31 444 866 755

Supplier No.3. Wheels Ltd, 155 Ridge Rd, Keilor, Vic 3028, ABN 16 773 555 666

  • All Supplier Credit Terms are Net 30 days.
  • The credit Limit for all Suppliers is $40,000 and payment is by cheque.
  • Supplier No. 2 has an outstanding balance of $6,600 including GST for Invoice No.44728

dated 28th June.

Inventory Details:

  • Aussie Parts Pty maintains a perpetual inventory system.

ITEM
CODE

DESCRIPTION

SUP
#

$ COST
PER UNIT

$ SALES PRICE PER UNIT

ON HAND

MIN
LEVEL

RE-
STOCK
QTY

VALUE
$

302

Engines

3

1,000

2,000

5

2

3

5,000

403

Exhaust Pipes

1

2,000

3,000

4

2

3

8,000

703

Fuel Pump

2

500

1,000

5

2

3

2,500

804

Radiator

2

100

200

5

2

3

500

       

total

16,000

 

  • The firm maintains an account with the National Bank of Victoria (NBOV) IN Sunshine West, ID# 148 which has a BSB # 361-725. The account number for the firm is 6402-6636
{`
NTER TRANSACTION FOR JULY

July 1: Sold 1 x 403, 2 x 302 to Andy’s Repairs, their Order No 4632 for $7,700, including GST.

July 3: Sold 1 x 403, 1 x 302, and 3 x 804 to Dan’s Auto Repairs, their Order No. 326 for $6,160 including GST.

July 8: Received goods and Invoice No. 11415 from Mycars Ltd for 3 x403 @ $2,000 each plus GST, total $6,600, including GST.

July 10: Returned goods to stock, 1 x 804 from Dans Auto Repairs, their original Order No. 326 (05/08), plus GST.
Our Credit Note No. C156 for $220.

July 12: Received goods, 3 x 302, @ $1,000 each on Invoice No. WC11861 from Wheels Ltd for $3,300, including GST.

July 13: Paid Trust Real Estate for Monthly Rent. Our Cheque No.3351780 for $1,100 including GST.

July 18: Paid Ex Pipes Pty Ltd for outstanding Invoice No. 44728. Our Cheque No. 3351781 for $6,600, including GST.

July 20: Issued Receipt No. 4001 to Andy’s Repairs, for payment of our Invoice No. 6301, their Order No. 4632 for $7,700.

July 20: Paid Power Ltd for Electricity. Our Cheque No. 3351782 for $880, including GST.

July 24: Paid Mycars Ltd for outstanding Invoice No. 11415. Our Cheque No.3351783 for $6,600, including GST.

July 26: Sold 3 x 403, 2 x 703, 2 x 804 to Panel Kings Pty Ltd, on our Invoice No. 6303, their Order No. 105 for $12,540,
including GST.

July 27: Issued Receipt No. 4002 to Dan’s Auto Repairs, for payment of their Order No326, our Invoice No. 6302 for $5,940.

July 30: Received goods and Invoice No. 11493 from Mycars Ltd for 3 x 403 @ $2,000 each plus GST, total $6,600, including GST.

July 31: Received Credit Note for $2,200, including GST, from Mycars Ltd for Return of Damaged Goods, 1 x 403,
 their Invoice No. 11493.

July 31: Stock-on-Hand figures were:

302 Engines = 5

403 Exhaust Pipes= 4

703 Fuel pumps = 3

804 Radiator = 0
`}

NATIONAL BANK of VICTORIA

account statement

Account Name:

Statement No: 0001

Aussie Parts

From: 1st July

250 Ballarat Rd, Footscray, Melbourne, 3000

To: 31st July

 

Account No: 6402-6636

 

Date

Particulars

Debit

Credit

Balance

1

opening balance

  

40,000CR

18

cheque #3351780

1,100

 

38,900

19

cheque #3351781

6,600

 

32,300

20

deposit

 

7,700

40,000

25

cheque#3351782

880

 

39,120

27

deposit

 

5,940

45,060

31

bank fee

40

 

45,020