
Inventory management
MYOB
$402.50
or 6 weekly payments from $67.08 learn more
If you’re in a business with stock to keep track of, then this course is ideal. Stock control does not have to be complicated - let MYOB show you the easy way to control this valuable asset.
You'll learn how to use the inventory module in MYOB accounting software to its full potential - find out how to account for inventory transactions to ensure you maintain accurate and timely records
Who should attend
Retailers, wholesalers, or distribution businesses who need to learn how to keep track of stock using MYOB accounting software.
Course Content
Inventory management covers:
Understand cost of sales
Set up the items list
Identify the types of items which are categorised as buy, sell and/or inventory
Use custom lists and fields
Create a new item for a service
Set up price levels and assign price levels to customers
Create a new item built of other items
Enter an initial stock count
Reconcile the stock ledger with the accounts list
Link the account for goods received
Order stock from a supplier
View, print and email purchase orders
Check stock availability
Receive stock and the packing slip
Understand a formula for average costing
Change an order to a bill
Receive a sales order and auto build
Receive a sales order and back order
Enter a stock take and stock adjustments
Account for samples
Write down stock value
Set up stock for multiple locations
Troubleshoot when the inventory ledger is out of balance