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If your business operates with a proxy server, you'll need to modify an AccountRight configuration file. Instructions are provided here for configuring access to online company files and bank feeds. These instructions are intended for a network administrator who has a basic understanding of proxy servers.

 

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titleTo access online company files via a proxy server

Perform these steps on each computer in your network which needs to access online company files via your proxy server.

  1. Close AccountRight.
    Simultaneously press the Windows Image Removed and E keys on your keyboard. The Windows Explorer window appears.

    Navigate to the applicable program folder based on your Windows and AccountRight version.

    If using this AccountRight versionand your Windows version is

    navigate to this folder

    <user.name> is the Windows username, and 20XX.X is your AccountRight version

    2014.1 or later (PC Edition)32- or 64-bitC:\Users\<user.name>\AppData\Local\Programs\MYOB\MYOB AccountRight 20XX.X
    2014.2 or later (Server Edition) 32-bitC:\ProgramFiles\MYOB\AccountRight\20XX.X\SE
    64-bitC:\ProgramFiles (x86)\MYOB\AccountRight\20XX.X\SE
    2014.1 (Server Edition)32-bitC:\Program Files\MYOB\AccountRight\20XX.X\AU (or \NZ)
    64-bitC:\Program Files (x86)\MYOB\AccountRight\20XX.X\AU (or \NZ)
  2. Open the file named Huxley.Application.exe.config using Notepad.
  3. Locate the <system.net> section.
  4. Ensure the following lines exists, and replace http://PROXY_ADDRESSPORT with your proxy address details:
    <system.net>
    <connectionManagement>
    <add address="*"
    maxconnection="30" />
    </connectionManagement>
    <defaultProxy useDefaultCredentials="true" />
    <proxyaddress="http://PROXY_ADDRESS:PORT" bypassonlocal="True" />
    </system.net>
  5. Save the changes and close the file.
  6. If your proxy server requires authentication, check that it allows the LocalSystem user to access it.
  7. (AccountRight Server Edition only) Restart the MYOB AccountRight Server service for your AccountRight version:
    1. Go to Start > Control Panel > Administrative Tools > Services.
    2. Right-click the service MYOB AccountRight Server 20XX.X and choose Restart.
  8. Start AccountRight.

You should now be able to access online company files via your proxy server.

UI Expand
titleTo access bank feeds via a proxy server

Perform these steps on each computer in your network which needs to access online company files via your proxy server.

  1. Close AccountRight.

  2. Simultaneously press the Windows Image Removed and E keys on your keyboard. The Windows Explorer window appears.

  3. Navigate to the applicable program folder based on your Windows and AccountRight version.

    If using this AccountRight versionand your Windows version is

    navigate to this folder

    <user.name> is the Windows username, and 20XX.X is your AccountRight version

    2014.1 or later (PC Edition)32- or 64-bitC:\Users\<user.name>\AppData\Local\Programs\MYOB\MYOB AccountRight 20XX.X
    2014.2 or later (Server Edition)32-bitC:\ProgramFiles\MYOB\AccountRight\20XX.X\SE
    64-bitC:\ProgramFiles (x86)\MYOB\AccountRight\20XX.X\SE
    2014.1 (Server Edition)32-bitC:\Program Files\MYOB\AccountRight\20XX.X\AU (or \NZ)
    64-bitC:\Program Files (x86)\MYOB\AccountRight\20XX.X\AU (or \NZ)
  4. Open the file named Huxley.Server.WindowsService.exe.config using Notepad.
  5. Locate the <system.net> section.
  6. Ensure the following lines exists, and replace http://PROXY_ADDRESSPORT with your proxy address details:
    <system.net>
    <defaultProxy useDefaultCredentials="true">
    <proxy proxyaddress="http://PROXY_ADDRESS:PORT" bypassonlocal="True" />
    </defaultProxy>
    </system.net>
  7. Save the changes and close the file.
  8. If your proxy server requires authentication, check that it allows the LocalSystem user to access it.
  9. (AccountRight Server Edition only) Restart the MYOB AccountRight Server service for your AccountRight version:
    1. Go to Start > Control Panel > Administrative Tools > Services.
    2. Right-click the service MYOB AccountRight Server 20XX.X and choose Restart.
  10. Start AccountRight.

You should now be able to use About bank feeds via your proxy server.

AccountRight calculates your inventory's value by using the Average Cost method.

Unlike other valuing methods, such as First In First Out (FIFO), the average costing method values your inventory by calculating its average value, using the formula: Average Cost=Total Value of the item÷Total Quantity of items. Let's take a look at an example of how this would affect your inventory.

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Example

Let's say you purchase 10 wine glasses for $10.00 each. This will result in an average cost of $10.00 per item.

The following day, 10 more wine glasses were purchased, this time for $12.00 each. Your inventory looks like this:

  • Total Quantity of win glasses: 20
  • Total Value of wine glasses: $220.00
  • Average Cost: $11.00 ($220.00÷20)

 

 

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For example, let's say you purchase 10 wine glasses for $10.00 each. This will result in an average cost of $10.00 per item.

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AccountRight 2017
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