BISM7209 Accounting Information Systems MYOB Project: SSA

This project requires the use of MYOB AccountRight Plus to analyze the accounting information system of Surfing Shops Australia (SSA). The assignment focuses on integrating Sales, Purchasing, and Inventory modules within MYOB. Students are tasked with following a detailed set of instructions to convert SSA's manual accounting system to a computerized one. The project involves creating and modifying accounts, generating financial statements (Balance Sheet and P&L), and performing various accounting tasks related to sales, cost of sales, expenses, and other income. The objective is to provide a comprehensive understanding of computerized accounting systems and their application in a real-world business context, specifically within an online surf hardware store setting. The project emphasizes the importance of frequent backups to ensure the integrity of the work and provides students with a hands-on experience in using MYOB for accounting and financial reporting.

Surfing Shops Australia- Vishwa Shah
45101720
Profit & Loss Statement
01-07-18
14-05-19
12:05:22 AM
4-0000 Income
4-1000 Sales
4-1100 Surfboards $0.00
4-1200 Surfboard finds $0.00
4-1300 Surf gear $0.00
4-1400 Wetsuits & gear $0.00
Total Sales $0.00
4-2000 Shipping Fee Collected $0.00
4-3000 Discount Taken $0.00
4-4000 Commission Income $0.00
4-6000 Late Fees Collected $0.00
4-7000 Miscellaneous Income $0.00
4-8000 Fuel Tax Credits $0.00
Total Income $0.00
5-0000 Cost Of Sales
5-1000 Retail Cost of Sales
5-1100 COGS - Surfboards $0.00
5-1200 COGS- Surfboard fins $0.00
5-1300 Surf gear $0.00
5-1400 Wetsuits & gear $0.00
5-2000 Wholesale Cost of Sales $0.00
5-3000 Discounts Given $0.00
5-5000 Freight in $0.00
Total Cost Of Sales $0.00
Gross Profit $0.00
6-0000 Expenses
6-1000 Selling, General & Admin Exp.
6-1100 Legal & Professional Fees $0.00
6-1200 Subscriptions $0.00
6-1300 Freight Paid $0.00
6-1400 Late Fees Paid $0.00
6-1500 Shrinkage/Spoilage $0.00
6-1600 Bad Debt $0.00
6-2000 Marketing Expenses
6-2100 Advertising $0.00
6-2200 In-store Promotions $0.00
6-2300 Cooperative Adv Allowance $0.00
6-2400 Sponsorships $0.00
6-3000 Operating Expenses
6-3050 Depreciation-Warehouse Equip $0.00
6-3100 Depreciation- Truck $0.00
6-3200 Depreciation- Furniture & Fix $0.00
6-3300 Depreciation-Warehouse $0.00
6-3500 Rent $0.00
6-3600 Store Supplies $0.00
6-4100 Cleaning $0.00
6-4200 Postage $0.00
6-4300 Printing $0.00
6-4600 Telephone & Internet $0.00
6-4700 Water $0.00
6-5000 Salary & Employment Expenses
6-5100 Fringe Benefits Tax $0.00
6-5200 Staff Amenities $0.00
6-5300 Wages & Salaries $0.00
6-5400 Workers' Compensation $0.00
6-5500 Superannuation $0.00
6-5600 Other Employer Expenses $0.00
Total Expenses $0.00

Surfing Shops Australia- Vishwa Shah
Profit & Loss Statement
01-07-18
14-05-19
12:05:22 AM
Operating Profit $0.00
8-0000 Other Income
8-1000 Interest Income $0.00
Total Other Income $0.00
9-0000 Other Expenses
9-1000 Interest Expense $0.00
9-2000 Income Tax Expense $0.00
Total Other Expenses $0.00
Net Profit / (Loss) $0.00