Code: L1JS12R3
Effective from 10 Jun 2013
MYOB Qualif icat ion Test
LEVEL BASIC
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MYOB Qualification Test Level Basic
Instructions to Participants:
1. You will have 2 hours to complete the test. Answer all questions in the test.
3. You are NOT allowed to bring any diskettes or paper into the examination room.
4. You must create new folder on harddisk. Please save your . MYO, backup folder, and report folder in this folder and the folder will be collected from harddisk at the end of the examination.
5. In the event of any unforseen circumstances e.g. electricity blackout or computer failure that prohibits you from continuing with the examination, and such event is not the cause of your own action (s), you will be allocated extra time to complete the
examination at the discretion of the invigilator. (This is to ensure consistency with all the other instructions, which are expressed in the first person).
6. If you should encounter any technical difficulties with the computer during the examination, please inform the invigilator for assistance.
7. Non-programmable electronic calculators are allowed for this examination.
8. You are not allowed to communicate with other examination candidates throughout the examination.
9. You are NOT allowed to leave the examination room without the permission of the invigilator.
10.The assignment and any used or unused paper, must be returned to the invigilator at the end of the examination.
11.Total questions 13 with total score 100 points.
The Case Study
Based t he f act given, you are required t o :
1. Set up t he company dat a f il e : [4 marks]
Syst em Pref erences : Tick t he opt ion f or “ Warn if Jobs Are Not Assigned to All Transaction [System-Wide]”
Windows Pref erences : Unt ick opt ion f or “ Automatically Check Spelling in Text Fields Before Recording Transaction”
1-2160 Undeposit ed Funds, Change t o 1-2130 - The Company need t o add t he f ol lowing account s :
Set up t he it ems l ist as foll ows :
Bracelet (It em no. BR, selling price $50/ piece N-T). Linked Account : I Buy: 5-1100 Jewel l ery Purchases, I Sell: 4-1100 Jewel l ery Sales, I Inventory: 1-2300 Merchandise Invent ory.
Necklace (It em no. NL, selling price $100/ piece N-T). Linked Account : I Buy: 5-1100 Jewel l ery Purchases, I Sell: 4-1100 Jewel l ery Sales, I Inventory: 1-2300 Merchandise Invent ory.
Ring(It em no. RG, selling price $75/ piece N-T). Linked Account : I Buy: 5-1100 Jewell ery Purchases, I Sell: 4-1100 Jewel l ery Sal es, I Inventory: 1-2300 Merchandise Invent ory. Silver (It em no. SV, selling price $150/ piece N-T) . Linked Account : I Buy: 5-1300
Precious Met al Purchases, I Sell: 4-1200 Ot her Sales, I Inventory: 1-2300 Merchandise Invent ory.
Set up t he f oll owing cust omer, suppl ier and employee l ist :
Mr. Andy (Customer) Mr. David (Supplier) Bambang (Employee)
Mrs. Angel (Customer) Metal Accessories (Supplier) Dewi (Employee)
Mrs. Melanie (Customer) Mr. Charles (Supplier)
Set up t he f oll owing ending bal ance as 31 Dec 2012 :
Mr. Andy $1, 320 inc.GST, [Inv#: S-120001, PO#:AP-120001] [Category: YOG] Mrs. Angel $1, 100 inc.GST, [Inv#: S-120002, PO#:GP-120001] [Category: YOG] Mrs. Melanie $1, 100 inc. GST, [Inv#: S-120003, PO#:MP-120001] [Category: SMG], Mr. David $1, 100 inc, GST, [PO#: P-120001, Inv#: DS-120001] [Category: SMG] Metal Accessories $550 inc. GST, [PO#: P-120002, Inv#: MS-120001] [Category: SMG], Mr. Charles $770 inc GST, [PO#: P-120003, Inv#: CS-120001] [Category: YOG]
Set up t he f oll owing invent ory opening bal ance as 01 January 2013 [IJ#: I-130001] [Category: YOG].: according t o t he dat es and det ails given below.
02 Jan 2013
A purchase was raised t o purchase t he foll owing invent ory it em f rom main suppl ier, METAL ACCESSORIES on Net 10t h days credit terms. (PO#: P-130001, Supplier Inv#:MS-130001)
Raised design-service purchase t o MR. CHARLES as 5-1400 Other Purhases [Job: SS] f or $100 (Exclude 10% GST) on Net 10 days credit terms. Bill was received (PO#: P-130002, Supplier Inv#: CS-130001). [Category: YOG]
POINT
[4 marks]
04 Jan 2013
Ful l Payment t o METAL ACCESSORIES f rom Cheque Account [Cheque No : D-120001] f or t ot al amount $550 for Inv#: MS-120001 bil l on 31 Dec 2012. (PO#: P-130003, Supplier Inv#: MS-130001) and edit Journal Memo wit h “ Purchase Return: METAL ACCESSORIES ” . [Category: SMG]
Immediat el y appl ied t he Debit Note to Trade Creditor bal ance for METAL ACCESSORIES f or bill on 2 Jan 2013 t ransact ion. [ID#: P-130003] [Category: YOG], [Salesperson: Bambang]
POINT
16 Jan 2013
Raised Repair-Service sales t o Mrs. Melanie as 4-1300 Repairs f or $132 (Include 10% GST) on COD (Inv#:S-130002, Cust PO#:MP-130001). Invoice was del ivered [Job: SS] [Category: SMG] [Salesperson: Dewi]
Ful l y payment of $132. - f or inv#:S-130002 received f rom Mrs. Melanie and deposit ed t o Petty Cash [ID#: R-130001].
POINT Discount: Mrs. Melanie” . [Salesperson: Dewi], [Category: SMG].
Immediat el y Pay Refund [Cheque No: D-130002] f or t he $5 Sal es Rebat e t o Account $400 f or Wages & Salaries [Category : YOG].
POINT j ournal f or 28 Feb 2013 [GJ#:G-130003] [Category : YOG]
Prepare a j ournal ent ry t o record t he GST Clearing j ournal on 31 Jan 2013 [GJ#:G-130002] f or Dec 2012. [Category : YOG]
[4 marks]
[4 marks]
7. On 31 Jan 2013, prepare adj ust invent ory t o record Inventory Found 1 piece Ring (RG) for $60/ piece as 5-1100 Jewellery Purchases [IJ#: I-130002] [Job : RS] [Category : YOG]
Purchase Regist r - All Purchases report
Cash Receipt s Journal
Cash Disbursement Journal
[4 marks]
t hen Lock the Accounting period f or 31 Jan 2013. BACKUP your MYOB company data file (ONLY), Check Company File for Error and Save t he MYOB company dat a backup f il e name as Your name in Backup Folder.
10. From Company Data Auditor – Transaction Review f or 1 Jan 2013 to 31 Jan 2013, t here is a “ ?” mark f or Scan for Future Dated Transaction. Displ ay it & Sent to PDF the reports.
[4 marks]
11. Delete all transactions on 05 Jan 2013. [4 marks]
12. Edit the Recurring Transaction Template of Bldgs & Imprv Depreciation t o $1. 7per mont h.
[4 marks]
13. Generate and customise t he Items Register [Detail] report fields l ike t he sampl e below and t hen save as PDF Format.
