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Introduction to MYOB Connect
What is MYOB Connect?
The eight reasons why you should choose MYOB Connect
Which MYOB accounting product is right for me?

Products

Introduction to MYOB Connect

MYOB is working with accountants to develop a program that leverages the power of the Internet to 'connect' the business owner electronically with their accountant. The result is MYOB Connect.

As the owner of a small business you are probably spending more time looking after the accounts than you'd like to. MYOB produces a range of accounting software products designed to make your business processes easier & your business more profitable. The latest versions are also designed to make it easier to work with your accountant. All products are available through your accountant. Whether you want to send electronic bank account information to your accountant's system with MYOB BankConnect or take advantage of the integrated business management features of MYOB Accounting, there will be a system that suits your business.

A feature of the MYOB Connect program is that the decision as to which system suits you is left to you and your accountant - the one who best knows your business and what you need. We achieve this by making the license fee for all products the same.

MYOB presents powerful accounting in a plain English format and is committed to developing software that provides small businesses, with a clear path for future growth. With ongoing research and development, as well as devoted support resources here in New Zealand, you can be assured that you're kept up to date with legislative changes and technological advances. Each product included in MYOB Connect incurs either a transaction or small monthly subscription charge.

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What is MYOB Connect?

You already work with your accountant to ensure your bookkeeping is up to date and that your business is satisfying legislative obligations. MYOB wants to enrich your relationship with your accountant. The MYOB accounting software you use to manage your business integrates with the MYOB software your accountant uses to run their practice. The result is MYOB Connect.

This smart connection between you and your accountant means data never has to be entered twice, repetitive tasks are minimised, and you can concentrate on more important things like running your business. Your accountant will be able to spend less time on routine processing and more time helping you make the most of your business.

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Eight reasons why you should choose MYOB Connect

Your monthly subscription entitles you to ongoing use of your software, but also delivers these additional benefits:

  1. Fax, email or toll free telephone support to MYOB's Helpdesk for questions relating to usage, commands, and functions of the software.
  2. Free software updates to your product - by keeping up to date with the latest version you will remain compatible with your accountant's software and benefit from the latest features and enhancements.
  3. Free upgrades to more advanced software. For instance, as your business grows, more features such as inventory control maybe required. With MYOB Connect you can upgrade to MYOB Accounting with inventory at NO additional license cost.
  4. Not only will you be able to fix your costs, you will also be guaranteed free upgrades into the next generation of on-line Internet accounting applications that will further connect your financial information with your accountant.
  5. Most businesses that fail do so through poor financial management or lack of cashflow. MYOB Connect provides the opportunity to keep this vital component of business success managed effectively by connecting the accounting software that you use with the software your accountant uses to deliver management reports, GST returns and annual financial accounts.
  6. You will obtain access to MYOB's extensive web-based product knowledge database to answer technical questions
  7. MYOB Connect provides a secure and personalised space on the Internet for your financial documents, GST Returns, tax payment schedules and other important documents. Your personalised space is managed by your accountant and provides the means by which information can be exchanged efficiently and securely. Connecting with your accountant and access to vital financial information has never been easier.
  8. MYOB Connect provides exclusive access to important and vital information that's helpful to the on-going success of your business.

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Which MYOB accounting product is right for me?
 MYOB BankConnect
 



Suitable if you:
  • Don't have a computer
  • Don't have time or don't want to spend time on bookkeeping
  • Are highly dependant on your accountant for your financial records and tax obligations

Key features include:

  • Electronic delivery of bank transactions to your accountant
  • Auto-coding of transactions saving time and money
  • Efficient generation of GST reporting and financial accounts

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 MYOB Cashbook
 

RRP : $221.33 excl GST

Suitable if you:
  • Require GST management on a payment basis.
  • Require simple and efficient cash management.
  • Work closely with your Accountant, but still rely on your accountant for annual reports,tax and business advice
  • Don't need software to create invoices or to track high volumes of accounts receivable and payable.

Key features include:

  • Electronic banking link - import transactions from on-line banking packages.
  • Cash management - budget projections.
  • Historical Cashflow reports.
  • GST reporting - easily completed GST Returns.
  • Automatic GST calculations.
  • Transaction extracts can be easily e-mailed to your Accountant.
  • Automatic coding of imported transactions.
  • Sort coded transactions to make the coding of accounts easier.
  • User defined reports- can be exported to spreadsheet programs.

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MYOB BusinessBasics
 

 

RRP : $176.89 excl GST

Suitable if your business:
  • Is a small or home-based businesses
  • Is a service-based business

Key features include:

  • Automated bank reconciliations
  • Swap data easily with your accountant
  • Track job costings and profitability
  • Customise invoices, statements and cheques
  • Single-click GST Returns
  • Import Internet bank statements

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MYOB Accounting
 

RRP : $443.55 excl GST

Suitable if your business:
  • Requires a fully integrated business management solution
  • Requires comprehensive inventory management
  • Requires Job Costing management
  • Is either service based, retail, rural, manufacturer, consultancy - MYOB Accounting suits a wide variety of businesses

Key features include:

  • General Ledger
  • Chequebook and Bank Reconciliation
  • Flexible Invoicing
  • Receivables and Payables Tracking
  • Enhanced Inventory
  • GST Tracking and Reporting
  • Advanced Contact and Customer Relationship Management
  • Over 100 flexible reports - print or export to other popular systems
  • Comprehensive business analysis tools
  • Comprehensive Inventory Management - multiple selling prices, custom fields, display inventoried items
  • Custom lists and fields for item information and report generation

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MYOB Accounting Plus
 

 

RRP : $621.33 excl GST

Suitable if your business:
  • needs to keep track of time for billing purposes
  • manages a payroll

Key features include:

  • Professional time-billing with integrated invoicing
  • Includes MYOB Payroll
  • Wide range of electronic payment options
  • Over 140 flexible reports - print or export to other popular systems
  • GST Tracking and Reporting
  • Advanced Contact and Customer Relationship Management
  • Comprehensive business analysis tools
  • Comprehensive Inventory Management - multiple selling prices, custom fields, display inventoried items
  • Custom lists and fields for item information and report generation

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MYOB Premier
 

 

RRP : $710.22 excl GST

Suitable if your business:
  • requires more than one person to be able to work on your data at the same time
  • deals in foreign currency, have offshore accounts or send invoices overseas

Key features include:

  • Comes with a two-user licence that can be expanded as your business grows
  • Includes MYOB Payroll
  • Advanced stock control
  • Wide range of electronic payment options
  • Automated bank reconciliations
  • Make or receive payments in different currencies with ease!
  • Easy invoice creation, combining time and inventory details
  • Over 140 flexible reports - print or export to other popular systems
  • GST Tracking and Reporting
  • Advanced Contact and Customer Relationship Management
  • Comprehensive business analysis tools
  • Comprehensive Inventory Management - multiple selling prices, custom fields, display inventoried items
  • Custom lists and fields for item information and report generation

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MYOB AccountEdge
 

 

RRP : $621.33 excl GST  Single User
RRP : Contact Us for Multi User

Suitable if your business:
  • you manage your business using a Mac
  • requires more than one person to be able to work on your data at the same time
  • deals in foreign currency, have offshore accounts or send invoices overseas
  • needs to keep track of time for billing purposes

Key features include:

  • Runs on Mac OS
  • Multi-user capable
  • Multiple currency option
  • Professional time-billing with integrated invoicing
  • Wide range of electronic payment options
  • Over 140 flexible reports - print or export to other popular systems
  • GST Tracking and Reporting
  • Advanced Contact and Customer Relationship Management
  • Comprehensive business analysis tools
  • Comprehensive Inventory Management - multiple selling prices, custom fields, display inventoried items
  • Custom lists and fields for item information and report generation

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MYOB RetailManager
 

 

RRP : $2,128.89 excl GST

Suitable if your business:
  • operates one or many retail outlets
  • needs a integrated front end and back office software solution
  • uses peripherals such as scanners, scales or touch screens
  • wants accurate, up-to-the-minute sales analysis reports

Key features include:

  • specially-designed for fast processing of sales
  • sales prompts to help staff up or cross-sell
  • integrates with common retail accessories
  • advanced stock management
  • detailed reports to know what's selling ... and what isn't!
  • seamless integration with MYOB Accounting for a complete retail solution

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MYOB Payroll

 

 

RRP : $443.55 excl GST

Suitable if your business:
  • employs staff
  • processes a payroll

Key features include:

  • completely scaleable - suitable for any size business
  • helps you comply with your legal requirements, including the new Holidays Act 2003
  • ir-Filing compatible for faster processing of PAYE
  • simple entry or import of employee timesheets
  • easily create direct credit files for your bank
  • powerful and accurate management of staff leave entitlements
  • many time-saving features like one-step final pays, bonus payments and default pays
  • makes managing a payroll easy!

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