MYOB AccountEdge

MYOB AccountEdge is the next step up from MYOB FirstEdge in the MYOB for Macintosh accounting software family. MYOB AccountEdge is a big step up from MYOB FirstEdge in terms of features, including essentials such as inventory management, supplier management and payroll.

Payroll is a must for any business that has four employees or more, simply because you’ll save so much time. No longer will you have to spend hours calculating tax, adding up super and working out holiday pay. Instead, entire pay runs take a matter or minutes, and you can print payment summaries at the click of a button.

MYOB AccountEdge (for Mac) versus MYOB Accounting Plus (for Windows)

MYOB AccountEdge is a Macintosh product. For the equivalent product for MYOB for Windows, visit the MYOB Accounting Plus page. If you have access to either a Mac or a PC, and you're tossing up whether to go for MYOB AccountEdge or MYOB Accounting Plus, there are a few small but important differences to consider:

• MYOB AccountEdge doesn't link with RetailManager (that's MYOB's point-of-sale software), but MYOB Accounting Plus does.
• The MYOB AccountEdge license allows you to access files remotely, but the MYOB Accounting Plus license doesn't.
• MYOB Account Edge has multi-currency, MYOB Accounting Plus doesn't.
• MYOB AccountEdge doesn't have any M-Powered features (allowing electronic payments directly from your MYOB company file); MYOB Accounting Plus does
• MYOB AccountEdge doesn't integrate with any other third-party products; MYOB Accounting Plus integrates with hundreds. (See MYOB Add Ons for more details.)
• MYOB AccountEdge allows both multiple warehouses and negative inventory (features only found in the high-end PC version of MYOB Premier Enterprise)

MYOB AccountEdge now also comes in a network edition, available for multiple users. See our MYOB for Macs multi-user page for more details.

MYOB AccountEdge features

Here's a few things that MYOB AccountEdge does do:

• Handles payroll and wage management for up to 50 employees (limit of employees depends on complexity of awards and many other factors)
• Offers time-billing and sophisticated billing of both time and expenses
• Keeps track of revenue and expenses
• Produces basic financial reports, such as Profit & Loss reports and Balance Sheets
• Provides your accountant with everything they need to do your end of year tax
• Calculates GST and prints out a draft Business Activity Statement
• Generates invoices for customers and tracks how much you're owed
• Tracks how much you owe to suppliers
• Keeps track of inventory levels, including multiple warehouse
• Offers remote file access
• Has full multi-currency features

• It doesn't offer electronic payments direct from your company file
• It doesn't have an ODBC driver, something that enables you to integrate the software easily with other add-on products
• It doesn't link up with any point-of-sale software solutions

The single-user price of MYOB AccountEdge typically hovers around the $580 to $650 mark, depending on who has the best deal running right now, and the network edition has an RRP of $1,698.

To find out more about MYOB AccountEdge, or other MYOB for Macs products, visit www.myob.com.au/products or call the MYOB Sales team on 1300 555 111.

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