1. Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 7: Inventory and Integration 1

2. Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 7: Inventory and Integration 2 Figure 7.1: Starting an Item Profile Use this button to copy the setup from a previous item Click in these boxes to select the type of item to be recorded

3. Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 7: Inventory and Integration 3 Figure 7.2: The Item Profile for P360 Underwater Pump

4. Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 7: Inventory and Integration 4 Figure 7.3: Buying Details for the Type P360 Underwater Pump

5. Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 7: Inventory and Integration 5 Figure 7.4: Selling Details for the Type P360 Underwater Pump

6. Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 7: Inventory and Integration 6 Figure 7.5: Item profile for item purchased and expensed

7. Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 7: Inventory and Integration 7 Figure 7.6: Buying Details for lubricant purchased and dispensed

8. Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 7: Inventory and Integration 8 Figure 7.7: Item Profile for an item purchased and entered into inventory

9. Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 7: Inventory and Integration 9 Figure 7.8: Buying Details for an item purchased and inventoried

10. Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 7: Inventory and Integration 10 Figure 7.9: Item profile for an item charged out

11. Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 7: Inventory and Integration 11 Figure 7.10: Selling Details for a charge-out item

12. Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 7: Inventory and Integration 12 Figure 7.11: Set Item Prices window

13. Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 7: Inventory and Integration 13 Figure 7.12: The completed Count Inventory window

14. Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 7: Inventory and Integration 14 Figure 7.13: Default Adjustments Account Leave this blank Click once

15. Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 7: Inventory and Integration 15 Figure 7.14: The Adjust Inventory window with unit costs

16. Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 7: Inventory and Integration 16 Figure 7.15: Periodic v Perpetual inventory systems – for a retailer

17. Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 7: Inventory and Integration 17 Figure 7.16: Item Profile for G100 Noise Generator

18. Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 7: Inventory and Integration 18 Figure 7.17: Buying Details for G100 Noise Generator

19. Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 7: Inventory and Integration 19 Figure 7.18: Selling Details for G100 Noise Generator

20. Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 7: Inventory and Integration 20 Figure 7.19: An invoice (BILL) for the purchase of an item

21. Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 7: Inventory and Integration 21 Figure 7.20: The Recap Transaction for purchase of an item on credit

22. Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 7: Inventory and Integration 22 Figure 7.21: QUOTE for items to be purchased

23. Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 7: Inventory and Integration 23 Figure 7.22: The Purchases Register showing Quotes

24. Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 7: Inventory and Integration 24 Figure 7.23: Quote from Dempson Electronics converted to an ORDER

25. Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 7: Inventory and Integration 25 Figure 7.24: The Purchases Register window showing Orders on file

26. Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 7: Inventory and Integration 26 Figure 7.25: Order now changed to a BILL received from a supplier

27. Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 7: Inventory and Integration 27 Figure 7.26: Completed Item INVOICE to Darvil Engineering Pty Ltd

28. Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 7: Inventory and Integration 28 Figure 7.27: QUOTE given to a customer

29. Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 7: Inventory and Integration 29 Figure 7.28: The Sales Register showing Quotes on file

30. Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 7: Inventory and Integration 30 Figure 7.29: Quote now changed to an ORDER

31. Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 7: Inventory and Integration 31 Figure 7.30: The Sales Register showing Orders on file

32. Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 7: Inventory and Integration 32 Figure 7.31: Order now changed to an INVOICE

33. Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 7: Inventory and Integration 33 Figure 7.32: The Count Inventory window

34. Computer Accounting using MYOB (7 th Edition) William Neish & George Kahwati Chapter 7: Inventory and Integration 34 Figure 7.33: Adjust Inventory transaction