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MYOB Accounting

MYOB Accounting is the next step up from MYOB BusinessBasics in the MYOB accounting software family. MYOB Accounting includes purchases and inventory, meaning it’s suitable not only for service-type businesses, but also suitable for small manufacturers and wholesalers. MYOB Accounting also has many more reports, more sophisticated GST reporting, and an automatic link to Microsoft Excel and Word. MYOB Accounting is suitable for established small businesses that still have less than two or three employees, including businesses that need inventory features. 

All kinds of different businesses find MYOB Accounting works really for their needs, including consultants, small retail operations, tradespeople and small web-based businesses.

MYOB Accounting features

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

  • 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 Business Activity Statements
  • Generates invoices for customers and tracks how much you're owed
  • Tracks how much you owe to suppliers
  • Integrates with major Australian banks for automatic electronic payments and supplier remittances
  • Keeps track of inventory levels
And for a few of the things that MYOB Accounting doesn't do:
  • It doesn't keep include payroll
  • It doesn't keep track of inventory in multiple locations
  • It doesn't offer foreign currency
  • It doesn't allow for multiple users (more than one person working on your file at once)
  • It doesn't t allow for remote access

The price typically hovers around the $300 to $350 mark, depending on who has the best deal running right now.

To find out more about MYOB Accounting, or to locate your nearest stockist, visit www.myob.com.au/products or call the MYOB Sales team on 1300 555 111.

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