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Notice: MYOB has been re-branded as ABSS with effect from 1st Jan 2018.

Why MYOB?

Choosing the ideal accounting solution for your business is not easy. So why MYOB?

An accounting system is the financial hub of a small business, and having the right software to manage your day-to-day transactions is probably one of the more important decisions a business makes.

The right software has to go beyond just doing debits and credits.  It should help you streamline and manage your business better.

Some of the advantages MYOB has to offer include:

  • International Award Winning Software.
  • Goes beyond accounting to help you manage your whole business.
  • Plan and better manage cash flow.
  • Produce customised, professional looking invoices, statements, purchase orders, payment vouchers, etc.
  • Improve inventory management.
  • Improve the accuracy of your financial records.
  • Improve customer, client management.
  • Save time and money by automating slow and inefficient processes.
  • Easy to use.
    Drop down lists, make it easy for you to select customers, suppliers, accounts, etc without having to remember account numbers. Better still, as you type in the box, MYOB completes the word for you making it easy to find and select the account, so you don’t even have to remember the name!
  • Fully integrated system.
    You log in to one system and perform all your tasks there. No need to go to General Ledger system and Billing System and Inventory System……… Everything you need is in one central location.
    To create an invoice, just click on Sales, and then Enter Sales.
    To create a purchase order, click on Purchases and then Enter Purchases
  • Real time.
    No batch processing to update General ledger or other modules. Every time you create an invoice, make a payment, etc, MYOB automatically updates the relevant accounts for you.
  • Windows based system.
    Like all true windows application, MYOB is multi-tasking. You do not need to complete or cancel a task to view or perform another task. If you were issuing an invoice to a customer for instance and needed to issue an urgent payment, all you have to do is simply switch windows, create and print the payment voucher and cheque, and then simply return to your earlier window to complete the task.
  • Delete or reverse transactions.
    MYOB appreciates that as humans, we are prone to the occasional error. Depending on company policy, you can either delete a transaction or reverse it if you make an erroneous entry.
  • Single entry system.
    For routine day-to-day tasks, like invoicing, issuing a payment, etc, MYOB is single entry. No need to understand accounting double entry.

    Sales process
    • Select customer
    • Enter details of service and select income classification
    • Enter amount
    • Click record
    • Print invoice
    Payment process
    • Select payee
    • Select expense classification
    • Enter amount
    • Click record
    • Print payment voucher
    • Print cheque
  • Automate recurring transactions
    Save recurring transactions such as rental payments and hire purchase repayments. MYOB reminds you when the payment is due and you just have to click record to complete the process. Applies to sales, purchases and journal entries
  • More than just accounting
    MYOB goes beyond just accounting and provides you with a range of tools to help you manage your business better.
    The to-do list tracks amounts due from customers, payments due to creditors, stocks that need ordering, and even a contact alert in one easy to use screen.
  • Forms are customizable
    Invoices, Quotations, Statements, Purchase Orders, Payment Vouchers and Cheques can easily be customized.
    The WYSYIWYG (What You See Is What You Get) forms designer lets you add text, draw lines and boxes, paste graphics, move and resize fields, and change fonts, sizes and styles allowing you to produce professional forms with your business logo or other graphics anywhere on the form.

 



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