MYOB Accounting Assignment Analysis

This MYOB assignment delves into the challenges and achievements of utilizing MYOB accounting software. It explores common issues encountered during the assignment process, highlighting the importance of accurate company data and understanding key accounting principles. The document also outlines career prospects for individuals proficient in MYOB, including roles like Payroll Officer, Accounts Manager, and Bookkeeper. Finally, it emphasizes the value of MYOB assignments in gaining practical experience and knowledge relevant to future accounting careers.

Running head: MYOB ASSIGNMENT
MYOB Assignment
Name of the Student:
Name of the University:
Author Note:

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Table of Contents
Introduction......................................................................................................................................2
Issues or problems incurred for managing each chapter in the MYOB assignment.......................2
Achievement in the MYOB assignment..........................................................................................2
Work planned for next 3 months in getting MYOB related accounting job...................................4
Conclusion.......................................................................................................................................4
Reference List..................................................................................................................................5

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Introduction
This study deals with analyzing the issues or problems that was faced at the time of
preparing MYOB accounting assignment. In this particular assignment, proper emphasis has
been given on understanding the future careers if individual had completed MYOB courses.
MYOB accounting software is one of the significant ways for expressing the information that is
derived from specific research by an individual (Pabst and Perrin 2014).
Issues or problems incurred for managing each chapter in the MYOB assignment
The issues or problems in completing the chapter of MYOB assignment can take place in
the first step only if data of the company is not available and discrepancy can start from there
only. In case of manual accounting system, the accountants can manually change the data
wherever they notice that something goes wrong (Mayasari 2015). But, in case of automated
accounting software such as MYOB, it becomes difficult if one entry goes wrong or
misrepresented at first place. Company information is essential in the first part where ABN
number should be correct otherwise there can be discrepancy present in the final result of the
data.
Achievement in the MYOB assignment
MYOB is one of the software that provides services in areas like banking, invoicing as
well as accounting. In order to complete MYOB assignment, it is important to generate one-
month transactions for the produced report. For completing the MYOB accounting assignment,
individual should have good knowledge about taxation and finance (Liew and Harrison 2017).

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Work planned for next 3 months in getting MYOB related accounting job
After studying MYOB, individuals can opt for various careers as MYOB is one of the
comprehensive paths that need adequate knowledge on matters relating to accounting as well as
taxation. Individuals who learn MYON can easily get benefits in many aspects as well as create a
superior proposition for a career (Curtis 2015).
Some of the career designations are mentioned below that can be attained by individuals
who had successfully completed MYOB courses. These are:
Payroll Officer
Manager Accounts
Accounts Team Leader
Office Manager Bookkeeping in accounts
Accounts Officer
Accounts Specialist
Accounts Administrative Officer
Accounts Receivable Lead Officer
Conclusion
At the end of the section, it is concluded that MYOB assignment has the potential
capability for bringing new facts as well as information at the time of implementing MYOB.
These assignments are performed by the students who actually pursue higher studies in areas
such as taxation as well as accounting.

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Reference List
Curtis, V., 2015. MYOB Software for Dummies-Australia. John Wiley & Sons.
Liew, A. and Harrison, J., 2017. Using Situated Learning Tools to Improve Student Learning of
Accounting Processes. In International Conference on Accounting and Finance (AT).
Proceedings (p. 74). Global Science and Technology Forum.
Mayasari, M., 2015. The Influence of Personal Characteristics,
Interaction:(Computer/Individual), Computer Self-efficacy, Personal Innovativeness in
Information Technology to Computer Anxiety in use of Mind your Own Business Accounting
Software. International Journal of Economics and Financial Issues, 5(1S).
Pabst, W. and Perrin, B., 2014. e-Generation: A Computerised and Manual Accounting Practice
Set: Using MYOB Accountright Plus Version 19 Student Edition. John Wiley & Sons.