Week 1: Comuterised Accounting Systems
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Week 1: Comuterised Accounting Systems
18
accounting:Measures, records, classifies and summarises transaction data.
transaction:An event that impacts on the financial position of the business and can reliably be measured.
cheque:An instruction in writing by one party, the drawer, to its bank (the payer) to transfer a sum of money to another party, the payee.
receipt:Acknowledges that monies have been received, whether by cash, by cheque or by credit card payment
sourcedocument:An original record which contains details to substantiate a transaction that has been entered in an accounting system (6,8).
Outputs:The Income Statement and Balance Sheet are examples of these.
GST:A broad based consumption tax levied at 10%.
taxinvoice:Is prepared by the seller of goods or services and given or sent to the buyer, usually when goods are sold or services are provided on credit (3,7).
adjustment:A type of note that is prepared by the seller and details a reduction in the amount of goods already invoiced.
efficiency:Achieved by using a computerised accounting system rather than a manual system.
perpetual:A type of inventory system where inventory records are automatically adjusted every time sales and purchase transactions of inventory are recorded.
cardfile:MYOB Command Centre that allows you to enter and manage information about customer, suppliers and employees (4,4).
banking:MYOB Command Centre allows you to complete tasks related to spending and receiving money.
taxcodes:Are used by MYOB to keep track of amounts of taxes paid and collected by the business (3,5).
menu:Located at the top of the MYOB window, its selections include File, Edit, Lists, Command Centres and more.
lists:Recurring Transactions can be accessed through this menu option.
help:Pressing F1 in any window will access this function.
accounts:A Trial Balance report can be accessed under this category heading in the Index to Reports.
Week 1: Comuterised Accounting Systems
Across:| 2. | Located at the top of the MYOB window, its selections include File, Edit, Lists, Command Centres and more. | | 3. | Are used by MYOB to keep track of amounts of taxes paid and collected by the business (3,5). | | 5. | A Trial Balance report can be accessed under this category heading in the Index to Reports. | | 6. | Recurring Transactions can be accessed through this menu option. | | 8. | An original record which contains details to substantiate a transaction that has been entered in an accounting system (6,8). | | 10. | MYOB Command Centre that allows you to enter and manage information about customer, suppliers and employees (4,4). | | 12. | MYOB Command Centre allows you to complete tasks related to spending and receiving money. | | 14. | The Income Statement and Balance Sheet are examples of these. | | 15. | A type of inventory system where inventory records are automatically adjusted every time sales and purchase transactions of inventory are recorded. | | 16. | Measures, records, classifies and summarises transaction data. | | 17. | An instruction in writing by one party, the drawer, to its bank (the payer) to transfer a sum of money to another party, the payee. |
| | Down:| 1. | Acknowledges that monies have been received, whether by cash, by cheque or by credit card payment | | 3. | An event that impacts on the financial position of the business and can reliably be measured. | | 4. | Achieved by using a computerised accounting system rather than a manual system. | | 7. | Pressing F1 in any window will access this function. | | 9. | Is prepared by the seller of goods or services and given or sent to the buyer, usually when goods are sold or services are provided on credit (3,7). | | 11. | A type of note that is prepared by the seller and details a reduction in the amount of goods already invoiced. | | 13. | A broad based consumption tax levied at 10%. |
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© 2016
PuzzleFast.com, Noncommercial Use Only
Week 1: Comuterised Accounting Systems
Across:| 2. | Located at the top of the MYOB window, its selections include File, Edit, Lists, Command Centres and more. | | 3. | Are used by MYOB to keep track of amounts of taxes paid and collected by the business (3,5). | | 5. | A Trial Balance report can be accessed under this category heading in the Index to Reports. | | 6. | Recurring Transactions can be accessed through this menu option. | | 8. | An original record which contains details to substantiate a transaction that has been entered in an accounting system (6,8). | | 10. | MYOB Command Centre that allows you to enter and manage information about customer, suppliers and employees (4,4). | | 12. | MYOB Command Centre allows you to complete tasks related to spending and receiving money. | | 14. | The Income Statement and Balance Sheet are examples of these. | | 15. | A type of inventory system where inventory records are automatically adjusted every time sales and purchase transactions of inventory are recorded. | | 16. | Measures, records, classifies and summarises transaction data. | | 17. | An instruction in writing by one party, the drawer, to its bank (the payer) to transfer a sum of money to another party, the payee. |
| | Down:| 1. | Acknowledges that monies have been received, whether by cash, by cheque or by credit card payment | | 3. | An event that impacts on the financial position of the business and can reliably be measured. | | 4. | Achieved by using a computerised accounting system rather than a manual system. | | 7. | Pressing F1 in any window will access this function. | | 9. | Is prepared by the seller of goods or services and given or sent to the buyer, usually when goods are sold or services are provided on credit (3,7). | | 11. | A type of note that is prepared by the seller and details a reduction in the amount of goods already invoiced. | | 13. | A broad based consumption tax levied at 10%. |
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© 2016
PuzzleFast.com, Noncommercial Use Only