Reporting in MSOA

When it comes to finances reporting is a key element. This is the way that we (as in the finance responsibles) and the others (as in everyone who has a stake in the organization) keeps track of what goes on inside the organization.

I have prepared a video on how to do monthly reporting in MSOA and also a quarterly update on how we are doing according to budget. I have an updated budget template that you can download here that will help you do this practically automatically.

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Paying out (in MS Office Accounting)

This video shows how to handle invoices from your suppliers (like the MC or some other supplier) in Microsoft Office Accounting. It is very simple and you won't need to worry too much about getting the accounting right - the software does it for you.

In the example I pay an invoice from the MC for an internship that we realized. Maybe you receive invoices from other sources for new items? Well then simply create new "products" linked to the right account in the Chart of Accounts. Don't know which account to use? Check back here and with the other VPFs and we can develop a standard!

If you have any questions? Please post them here or e-mail me and I'll help you out.

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Sending invoices in MS accounting

This week I am going to cover a task that I hope you get to do a lot of - sending invoices. MS Office Accounting makes it real easy to work with invoicing and allows you to simply create invoices, associate them with a specific customer and then mark them as payed. All these operations will result in your books being kept - from the accounts receivable to all the proper accounts.
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It's all about the money - Introduction to MS Office Accounting

It's all about the money
It's all about the dum dum.......

Well it is isn't it? At least I think that if you don't manage your money well, then all the other things you do in AIESEC will kind of come to waste. That's why I'm working in the National Support Team to try to create initiatives to improve our financial practices. One such initiative is try to update the use of accounting software as most of our LCs are using different or outdated software right now.

This post is focused towards VPFs but can also be useful for LCPs who want to know a bit more about how to use the accounting software (or project managers/OCPs for that matter!).

Microsoft Office Accounting Express is a free software that handles your accounting and invoicing real easy. In this first video I'll introduce it and also show how you'll set up your LC from the template I prepared.



See the video in fullscreen.

To Download MS Office Accounting Express now go click here. To get the template for an LC as well as importing our Products, Customer and Suppliers (as show in the video) click here.

When you use the ImporSuppliers, ImportCustomers and ImportProducts remember to do them in this order: Suppliers, Customers, Products!

And once you're done with all this, it's time to sit back and relax.