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

Frequently asked questions about MYOB

 

Is MYOB a double-entry accounting system?
When is the right time during the year to start using MYOB?
Can you start using just one section of MYOB and introduce the others at a later stage?

Yes you can.

For example, you only want to initially use MYOB to produce invoices and track receivables.

Complete the MYOB Startup Questionnaire, select the starter template you want and begin entering invoices.

You can start using the other sections of MYOB when you're ready.

Do you have to close the year on the last day of the financial year?
What type of business is MYOB suited to?
Does MYOB necessitate complex reversing entries to make amendments?
Can I export MYOB data to Excel?
Does MYOB allow the entry of general journals?
Does MYOB allow reports to be customised?
Does MYOB have a flexible password system?
What is company file activation in MYOB?
What is the difference between MYOB single user and MYOB multi user?
What is the difference between MYOB Accounting and MYOB Premier?

Quick Links

 

Testimonials

“Deltatech's consultants have backgrounds in both accounting as well as in IT. This makes them a valuable asset in terms of implementation of small business systems because their expertise goes beyond just IT. Their work is reliable in the sense that they stay around until the problem is completely resolved (unlike many other service providers who give hit-and-run solutions). I highly recommend Deltatech when it comes to implementing small business solutions."

- Alan Soh
Director
Medical Environment Sdn Bhd

 

Recurring transactions in MYOB

"

Many business transactions, such as rent, telephone bills and Internet accounts recur periodically.

With MYOB, you can choose to save any transaction, including invoices and purchases, as a recurring transaction.

"

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