UBS Skill I Have Learn Until (07/12/2012)

What is UBS?

UBS Computerized Accounting System is a program which helps to do away with all the tedious financial record keeping and reporting needs which are normally found in the manual accounting system. It is user friendly, making it easy and simple for people with minimum knowledge of computer.

UBS Accounting System can easily and quickly create and maintain General Ledger (GL), Debtors Ledgers (AR) and Creditors Ledgers (AP). Then all we have to do is enter the transactions from the source documents. These are automatically recorded in the relevant journals and accounts and all the financial reports like trial balance, profit and loss account, balance sheet, debtors and creditors aging and more.

It is specially designed to suit most businesses such as accounting firms, co-operative societies, construction companies, manufacturing companies, non-profit organizations, properties, services, retail, restaurants, trading companies, training institutions, wholesalers and many more.

Skills that we have learn in the lab!

1.SETUP WIZARD

        I.            Maintain company details by properly key in company details in SETUP WIZARD.

      II.            Set closing date of Last Accounting Period, Starting Period Of Current Accounting Date and Closing Period Of Current Accounting Date.

2. CHART OF ACCOUNT

·         Chart of account is the account type of the transaction which is group in between account number of 1xxx/xxx till 9xxx/xxx only.

·         Meanwhile by key in account number we also have to select the account type grouping which is from A to T whereby, each alphabet has it own description.

·         Go to : General -> 1. General Ledger Account A/C Maintenance

Account No	A/C Description	Account Type	Special A/C
1000/000	Capital	A
1050/000	Retained Earning	A	PA
3010/000	Bank	F

3. BATCHES

To enter batches go to : 4.Transaction -> 2.Organize Batches

NO	TYPE	TITE	PERIOD
1	Credit	Sales Journal – Jan’10	1
2		Return Inwards – Jan’10	1
3	Bank	Cash Book (Bank) – Jan’10	1

4. PERIOD

·         The sequence of accounting month

·         Period 1 refers to first accounting month

·         Period 2 refers to second accounting month and so on.

5. ENTER TRANSACTION

·         Go to : 4.Transaction -> 1.Transaction File Maintenance-> Add button

Eg :

1. 1/01/2012 Capital RM50000 in to bank

Select batch 5 : Credit Capital RM50000

                             Debit Bank RM50000

Account No : 1000/000 for Capital Account

Description : Bank

·         Follow up with other transaction

6. VIEW/PRINT BATCH OF TRANSACTION

·         Go to 4.Transaction -> 3. Print Batch of Transaction

7. BACKUP AND RESTORE

·         Backup is having a secondary data storage into computer or other device such as USB.

·         Go to : File -> 1. Backup and Restore -> Backup button

·         RESTORE

Go to : File -> 1. Backup and Restore -> Restore button

8. EXIT

• Go to : File -> Exit