Xero vs MYOB vs QuickBooks Software Comparison

Major advancements in modern technology has increased demands for accuracy and convenience and recent legislation has made cloud accounting software a must have tool for Australian business owners. With its accessibility over various devices and the fact that data can easily be transmitted to users while still being protected, it is clear why cloud accounting is used by many. The increasing demand for competent software resulted in a number of cloud accounting software products to choose from with each one having distinct features. With all these programs, how does one decide which one is best for one’s needs? Here is a quick comparison of the 3 major cloud accounting software in Australia.

All of these companies have respectable reputations and are government certified. The ultimate goal then, in comparing these software programs is to find one that is the right fit for your needs by looking at their basic functionalities, their add-on programs for complex transactions, their subscription rates, and other additional features which may be helpful such as mobile applications. Continue reading

MYOB vs Reckon One – Which Product is Right For You?

The rise of digitisation has paved the way for the mainstreaming of cloud accounting software – offering flexible, real-time reporting for small businesses.

But sometimes, deciding which cloud accounting software to get could be very daunting. You need to take into account several factors, including annual fees, data security, integration with other apps you might need in the future, bank feeds, facilitation of seamless workflow, and multi-platform and mobile availability.

In this review, we will compare two of Australia’s major small business cloud applications, MYOB and Reckon One.

MYOB has been in the accounting software industry for quite a while, having established its name in the local scene, but some newcomers like Reckon One are challenging MYOB’s ability to think out “cloud” and keep up in the digital game. Both software have their own set of advantages and disadvantages, but which one is really best for your business? Continue reading

Is MYOB Still the Best Accounting Software Choice For Small Businesses?

MYOB has been trusted by over one million Australian businesses to make bookkeeping simpler and more direct. Because of its simple interface, MYOB has become one of the most successful of accounting software in the last few years.   Recently, however, the competition has been much fiercer among online bookkeeping companies, and MYOB’s reign at the top is in jeopardy. MYOB still leads the way, but for how long will that be?

Let’s look at some aspects of MYOB that have kept it at the top of the list recently. Continue reading

MYOB Help and Resources

Bookkeeping is a very tedious task that it requires rigorous training and continuous education for you to be able to perform the job accurately and effectively. But thanks to MYOB, one of the best Accounting Software products in Australia, everything about bookkeeping and accounting now seems to be plain and simple.
Using an Accounting Software such as MYOB, will give you business more value and convenience if you learn how it all works. That way, you know exactly how to operate it, what exactly is going on, and how you can use it to communicate with your accountant easier. It doesn’t need to take up too much of your time once you know how to use it properly. Continue reading

MYOB Add Ons Solutions

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MYOB is no doubt one of the world’s largest, most popular online and offline accounting systems in the business and accounting world, providing productivity, financial control and easier compliance for small businesses. 86% of small businesses are saying that MYOB software saves time and it is the preferred accounting software for Australian businesses. MYOB has recently released an updated version of its cloud based software, the interface is clean, and there are numerous new features about this software including establishing a chart of accounts, opening balances and add ons! Continue reading