MYOB Qualification Test

LEVEL INTERMEDIATE

Please fill your data:

Full name : ___________________________________________

Place & Date of Birth : ___________________________________________

Phone number : ___________________________________________

Folder name : ___________________________________________

Code: Pretest

Effective from 4 July 2014

All rights reserved; no part of this publication may be reproduced, stored in a retrieval system, or
transmitted in any form by any means, electronic, mechanical, photocopying, recording, or otherwise
without permission of Net21Plus. This book may not be lent, resold, hired out or otherwise disposed of
by way of trade in any form of binding or cover, other than in which it is published, without the prior
consent of Net21Plus.
 MYOB Intermediate Qualification Pre-Test
MYOB Premier v13
MYOB Qualification Test Level Intermediate

Instructions to Participants:

1. You will have 2 hours to complete the test. Answer all questions in the test.
2. Please check that you have MYOB Premier v13 on your computer. If you do not
see it, please inform the invigilator for assistance.
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 circumtances 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.

PT. NET21PLUS
Menara KADIN Indonesia, Lt. 30, Jl. H.R. Rasuna Said, X-5, Kav. 2-3, Jakarta 12950. Indonesia.
Tel. : 021-5570 0905 | Fax. : 021-5570 0907
E-mail : info@net21plus.com | Website : www.net21plus.com
 MYOB Intermediate Qualification Pre-Test
MYOB Premier v13
The Case Study

Based the fact given, you are required to :

1. Setup the company data file :

Mr. Erick is the owner of the company “ROEMY BAKERY”.

As Bakery business type, Mr. Erick buys and sells ingredients,cake boxes and containers.

Mr. Erick decided to use MYOB Premier v13 software for preparing his company 1 January to
31 December 2014 Financial Year Reports and prefer to use the 13th accounting period for
the audit trial adjustment.

Please use one of the account list provided by MYOB Premier 13.
So you don’t need to set up the account list completely.

Setup the following information:

Company Address : Bandung, Indonesia
Tel : (022) 7807064
Fax : (022) 7807065
Email : info@roemy.com

The following preferences option must be activated:

 System Preferences
 Windows Preferences
 Sales Preferences
 Purchases Preferences
 Security Preferences
: Tick the option for “I Deal Multiple Currencies
(System-Wide)”
: Untick option for “Automatically Check Spelling
in Text Fields Before Recording Transaction”
: Tick the option for : “Warn for Duplicate
Invoices Numbers on Recorded Sales”
: Tick the option for : “Warn for Purchase Orders
Numbers on Recorded Purchases”
: Click User IDs to add new User ID as your Name.

[4 marks]

2. Setup the List below :

Setup the currencies below:
Currency Code Currency Name Exchange Rate Currency Symbol
IDR Rupiah 1,000000 Rp
JPY Japanese Yen 200,000000 ¥
USD United States Dollars 10.000,000000 US$

PT. NET21PLUS
Menara KADIN Indonesia, Lt. 30, Jl. H.R. Rasuna Said, X-5, Kav. 2-3, Jakarta 12950. Indonesia.
Tel. : 021-5570 0905 | Fax. : 021-5570 0907
E-mail : info@net21plus.com | Website : www.net21plus.com
 MYOB Intermediate Qualification Pre-Test
MYOB Premier v13
Setup the following account list
- The Company don’t use the following account codes anymore :
 1-2120 Payroll Cheque Account
 1-2130 Cash Drawer
 1-2210 Less Prov’n for Doubtful Debts
 2-2400 Payroll Liabilities
 2-2410 Payroll Deduction Payable
 2-2420 PAYE Tax Payable

- The Company changes some account list as follows:

 1-2110 Cheque Account, change to Bank (IDR)
 1-2140 Petty Cash, change to : 1-2120 Cash (IDR)
 1-2200 Trade Debtors, change to Trade Debtors (IDR)
 2-2200 Trade Creditors, change to Trade Creditors (IDR)
- The Company need to add the following accounts:

Header/
Account # Account Type Level
Detail
1-2130 Cash (JPY) Bank Detail 4
1-2131 Cash (JPY) Exchange Bank Detail 4
1-2140 Cash (USD) Bank Detail 4
1-2141 Cash (USD) Exchange Bank Detail 4
1-2150 Bank (JPY) Bank Detail 4
1-2151 Bank (JPY) Exchange Bank Detail 4
1-2170 Bank (USD) Bank Detail 4
1-2171 Bank (USD) Exchange Bank Detail 4
1-2210 Trade Debtors (JPY) Accounts Receivable Detail 3
1-2211 Trade Debtors (JPY) Exchange Accounts Receivable Detail 3
1-2220 Trade Debtors (USD) Accounts Receivable Detail 3
1-2221 Trade Debtors (USD) Exchange Accounts Receivable Detail 3
2-2220 Trade Creditors (JPY) Accounts Payable Detail 3
2-2221 Trade Creditors (JPY) Exchange Accounts Payable Detail 3
2-2230 Trade Creditors (USD) Accounts Payable Detail 3
2-2231 Trade Creditors (USD) Exchange Accounts Payable Detail 3
2-2340 GST Clearing Other Liability Detail 4
6-4800 Delivery Expense Detail 3
8-2000 Forex Gain (Loss) Other Income Header 2
8-2100 Realised Gain (Loss) Forex Other Income Detail 3
8-2200 Unrealised Gain (Loss) Forex Other Income Detail 3

PT. NET21PLUS
Menara KADIN Indonesia, Lt. 30, Jl. H.R. Rasuna Said, X-5, Kav. 2-3, Jakarta 12950. Indonesia.
Tel. : 021-5570 0905 | Fax. : 021-5570 0907
E-mail : info@net21plus.com | Website : www.net21plus.com
 MYOB Intermediate Qualification Pre-Test
MYOB Premier v13
Setup the linked account below:
 Setup linked account for Accounts & Banking Accounts for 4-9999 Currency Gains/
Losses to 8-2100 Realised Gain (Loss) Forex.
Then Combine Account to remove all transaction from Secondary Account:
4-9999 to Primary Account: 8-2100.
 From Currency List, setup linked account for Local Currency & Foreign Currency
for Receivable Accounts & Payable Accounts.

Delete all Tax Codes except N-T (Non Taxable). Setup the Tax Code List as GST (Goods &
Services Tax), Tax Type: Goods & Services Tax, Rate: 10%.

Setup the Job List : B for Bakery, N for Novelty, and S for Services.

Setup the Categories List : C for Ciwidey, I for Ibun and P for Pacet.

Edit Price Level Name: Level A : IDR, Level B : JPY, Level C : USD

Setup the item list as follows:

Item No. CC SB CP
Description Compound Chocolate Slice Boxes Cake Pan

IDR: Rp 20.000 IDR: Rp 10.000 IDR: Rp 80.000

Selling Price JPY: ¥ 100 JPY: ¥ 50 JPY: ¥ 400
USD: US$ 2 USD: US$ 1 USD: US$ 8

Tax Code When

N-T N-T N-T
Bought/Sold
Selling Unit of
Unit Unit Unit
Measure

5-1000 Baked Items - 5-2000 Novelty Items - 5-2000 Novelty Items

I Buy This Item
Purchase Purchase - Purchase

I Sell This Item 4-1000 Baked Items 4-2000 Novelty Items 4-2000 Novelty Items

I Inventory This 1-2310 1-2320 1-2330

Item Ingredients Cake Boxes & Containers Novelty Items

Setup the following customer, supplier and employee list :

 PARADISE (Cust. IDR)  BAKEFIELD (Supp. IDR)  INE (Employee)
 PINK FROSTING (Cust. JPY)  CAMPBELL (Supp. JPY)  JOHN (Employee)
 CHAMPAGNE (Cust. USD)  MISTER BAKER (Supp. USD)
[10 marks]

PT. NET21PLUS
Menara KADIN Indonesia, Lt. 30, Jl. H.R. Rasuna Said, X-5, Kav. 2-3, Jakarta 12950. Indonesia.
Tel. : 021-5570 0905 | Fax. : 021-5570 0907
E-mail : info@net21plus.com | Website : www.net21plus.com
 MYOB Intermediate Qualification Pre-Test
MYOB Premier v13
3. Setup Balance Sheet information as 01 Jan 2014 :

PT. NET21PLUS
Menara KADIN Indonesia, Lt. 30, Jl. H.R. Rasuna Said, X-5, Kav. 2-3, Jakarta 12950. Indonesia.
Tel. : 021-5570 0905 | Fax. : 021-5570 0907
E-mail : info@net21plus.com | Website : www.net21plus.com
 MYOB Intermediate Qualification Pre-Test
MYOB Premier v13
Setup the following ending balance as 31 December 2013:
Customer Name PARADISE PINK FROSTING CHAMPAGNE
Total Rp2.200.000 Inc. GST ¥16.500 Inc. GST US$330 Inc. GST
Invoice# S-130001 S-130002 S-130003
Cust. PO# PR-130001 PF-130001 CN-130001
Category C I P

Supplier Name BAKEFIELD CAMPBELL MISTER BAKER

Total Rp4.400.000 Inc. GST ¥5.500 Inc. GST US$220 Inc. GST
PO# P-130001 P-130002 P-130003
Supp. Inv# BF-130001 CB-130001 MB-130001
Category C I P

Setup the following inventory opening balance as 01 January 2014 [Journal#: I-140001]
[Category: C] :

Item No. Item Name Qty Unit Cost Account#

CC Compound Chocolate 1.000 Unit Rp15.000 1-2310
SB Slice Boxes 10.000 Unit Rp 5.000 1-2320
CP Cake Pan 750 Unit Rp 40.000 1-2330
[8 marks]

4. The following transactions are made in January 2014. Record these transaction in MYOB
according to the dates and details given below.

02 Jan A purchase was raised to purchase the following inventory item from main supplier,
2014 CAMPBELL, with Net 30th days credit terms. (PO#:P-140001, Inv#:CB-140001). Bill
and goods was received.
 Received 110 units of Compound Chocolate (CC) for ¥75/unit (Job : B) (Exclude
10% GST).
 Received 50 units of Cake Pan (CP) for ¥200/unit (Job : N) (Exclude 10% GST).
[Category :I] [Rate: 1¥= Rp 180]
[4 marks]
05 Jan Raised purchase service to BAKEFIELD for Delivery (Acc#: 6-4800) Rp 220.000
2014 (Include GST 10%) on COD terms. (PO#: P-140002, Supplier Inv#: BF-140001).
Service and bill was received.[Job : S] [Category : C]
[4 marks]
Payment to BAKEFIELD from Cash (IDR) [Cheque No: D-140001] with total amount
Rp 220.000 for bill on 5 Jan 2014.
[4 marks]
12 Jan Return 10 unit of Compound Chocolate (CC) for ¥75/unit (Exclude 10% GST) to
2014 CAMPBELL (PO#: P-140003, Supplier Inv#: CB-140001) (Job : B). Edit Journal
Memo with "Purchase Return; CAMPBELL". [Category : I] [Rate: 1¥= Rp 180]

Immediatelly applied the Return-Debit note to Trade Creditor balance for,

CAMPBELL [ID#: P-140003] for bill on 2 Jan 2014. [Rate: 1¥= Rp 180]
[2 marks]
PT. NET21PLUS
Menara KADIN Indonesia, Lt. 30, Jl. H.R. Rasuna Said, X-5, Kav. 2-3, Jakarta 12950. Indonesia.
Tel. : 021-5570 0905 | Fax. : 021-5570 0907
E-mail : info@net21plus.com | Website : www.net21plus.com
 MYOB Intermediate Qualification Pre-Test
MYOB Premier v13
14 Jan Sold the following items to CHAMPAGNE on Net 25 days term (Inv#: S-140001, Cust
2014 PO#: CN-140001). All the goods & Invoices was Received:
 Ship 500 unit of Slice Boxes (SB) @US$1 (Exclude 10% GST) [Job : N]
 Ship 50 unit of Cake Pan (CP) @US$8 (Exclude 10% GST) [Job :N]
[Category : P] [Salesperson : JOHN] [Rate: 1US$= Rp 11.000]
[4 marks]
17 Jan Raised sale services for Wedding Tarts to PARADISE as Miscellaneous Income (Acc#
2014 4-8000) for Rp 9.900.000,- (Include 10% GST) on COD term (Inv#: S-140002, Cust
PO#: PR-140001). Invoice was delivered. [Job : S] [Salesperson : INE] [Category : C]
[4 marks]

Full payment of Rp 9.900.000,- for invoice on 17 Jan 2014 was received from
PARADISE and deposits to Cash (IDR) [ID#: R-140001].
[4 marks]
20 Jan Issued Discount-Credit Notes to PARADISE Rp 900.000,- as Discount Given (Acc# 5-
2014 3000) (Inv#: S-140003, Cust PO#: PR-140001) and edit Journal Memo with "Sale
Discount: PARADISE". [Category: C] [Salesperson: INE]
[2 marks]

Immediately Pay Refund [Cheque No: D- 140002] for the Rp 900.000,- Discount-
Credit Notes to PARADISE from Bank (IDR).
[2 marks]
25 Jan Use Spend Money, transfer from Cash (IDR) Rp 900.000,- to Bank (IDR) Rp 900.000,-
2014 [ID#: D-140003] [Category: C]
[2 marks]

Use Spend Money, Payment made to INE from Cash (IDR), by Cheque# : D-140004
for Rp 3.000.000,- as Wages & Salaries expense for January. [Category: C]
[2 marks]
28 Jan Use Receive Money [ID#: R-140002] to record: Deposit US$13,5 to Bank
2014 (USD), for US$15 Bank Interest Income and US$1,5 Bank Charges [Category:
C]. [Rate: 1 US$= Rp 11.500]
[4 marks]

5. Perform a bank reconciliation for the month of 31 Jan 2014 for Bank (USD) account.
The bank statement shows a balance of US$4.013,50 on 31 Jan 2014.
[2 marks]

6. In addition to the transaction above, prepare a journal entry to record the

depreciation and GST Clearing journal on 31 Jan 2014, for the following asset
categories [GJ#: G-140001][Category: C] :
 Store Equipment Rp 300.000,-

Save as Monthly Recurring Transaction start from 28 Feb 2014 for those journal
then Use the Recurring to record depreciation journal for 28 Feb 2014 [GJ#: G-
140006] [Category: C].
[4 marks]
PT. NET21PLUS
Menara KADIN Indonesia, Lt. 30, Jl. H.R. Rasuna Said, X-5, Kav. 2-3, Jakarta 12950. Indonesia.
Tel. : 021-5570 0905 | Fax. : 021-5570 0907
E-mail : info@net21plus.com | Website : www.net21plus.com
 MYOB Intermediate Qualification Pre-Test
MYOB Premier v13
Prepare a journal entry to record the GST Clearing [GJ#: G-140002] on 31 Jan 2014
for 31 Dec 2013 balance. [Category:C]
[2 marks]

7. On 31 Jan 2015, prepare adjust inventory to record Inventory Found [IJ#:I-150002]

[Category : C] for:
 5 unit of Compound Chocolate (CC) @Rp 15.000,- [Job: B] as 5-1000 Baked Items –
Purchase

[4 marks]

8. Update the Exchange Rate on 31 Jan 2014 [1¥= Rp 170, 1US$= Rp 9.900] and then
prepare a journal entry to record Realised Gains (Losses) [GJ#: G-140003] and
Unrealised Gains (Losses) [GJ#: G-140004] on 31 Jan 2014 and reverse journal for
Unrealised Gains (Losses) [GJ#: G-140005] on 1 Feb 2014 [Category: C].
[6 marks]

9. Generate the following financial reports at 1 January – 31 January 2014 to PDF file format,
save in REPORTS folder :
 Account Transaction [Accrual]
 Standard Balance Sheet
 Profit & Loss [Accrual]
 GST [Detail – Accrual]
 Bank Register
 Reconciliation Report
 Receivables Reconciliation [Summary]
 Paybles Reconciliation [Summary]
[4 marks]

10.From Security Preference, activate the option for “Use Audit Trail Tracking”, then
Lock the Accounting period for 31 Jan 2014. BACKUP your MYOB company data file
(ONLY), Check Company File for Error and Save the MYOB company data backup file
name as YOUR NAME in Backup Folder.
[4 marks]

11.From Company Data Auditor – Transaction Review for 1 Jan 2014 to 1 Feb 2014,
there is a “?” mark for Scan for Future Dated Transaction. Display it & Sent to PDF
the reports.
[2 marks]

12.Delete all transaction on 12 Jan 2014.

[2 marks]

PT. NET21PLUS
Menara KADIN Indonesia, Lt. 30, Jl. H.R. Rasuna Said, X-5, Kav. 2-3, Jakarta 12950. Indonesia.
Tel. : 021-5570 0905 | Fax. : 021-5570 0907
E-mail : info@net21plus.com | Website : www.net21plus.com
 MYOB Intermediate Qualification Pre-Test
MYOB Premier v13
13. Generate and modify the Purchases [Supplier Summary] report like the sample
below and then save as PDF Format.

[4 marks]
~End of Assignment~

PT. NET21PLUS
Menara KADIN Indonesia, Lt. 30, Jl. H.R. Rasuna Said, X-5, Kav. 2-3, Jakarta 12950. Indonesia.
Tel. : 021-5570 0905 | Fax. : 021-5570 0907
E-mail : info@net21plus.com | Website : www.net21plus.com