Accounting Features in MYOB

Manage your company's accounts Effectively

Accounting Features in MYOB

MYOB has an accounting module that is powerful, yet easy-to-use.  This innovative feature-packed software gives you the following benefits, click on the image below:

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Why You Should Choose MYOB as Your Singapore Accounting Software?

Click on each reason below for more information.

1) Saves You Time

 i) Get started fast; Easy to use

  • Easy Setup Assistant guides you step by step throughout the process accordinng to your industry and business needs, from start to completion.
  • Intuitive Command Centre gives you quick navigation to your accounts, banking, sales and contacts.
  • Smart Account Selection allows you to start keying in the business transactions, even if you are not familiar with the accounting concepts, jargons and principles.
  • Quick step-by-step guide is just a couple of clicks away from every window.

ii) Manage all your sales and purchases effortlessly

  • Flexible sales and purchase functions allow you to create quotes, orders and invoices easily from the various customizable invoice layouts available.
  • Free up time from generating recurring invoices and purchases, as the system automatically allows you to schedule your recurring invoice and purchases.
  • Handle complex transactions including deposits, discounts, credits and adjustment notes.

iii) Flexibility in designing your own forms

  • Customize design your own quotes, invoices, statements and other forms that you use in your business.
  • Effortlessly add color, images, logos, background images and other design elements to create forms that are consistent with your business image.
2) Reporting Flexibility

i) Flexibility in designing your own forms

  • Customize design your own quotes, invoices, statements and other forms that you use in your business.
  • Effortlessly add color, images, logos, background images and other design elements to create forms that are consistent with your business image

ii) Record foreign currency transactions*

iii) Sell and purchase goods and services in foreign currencies and perform a whole range of tasks in multiple currencies including:

  • Sales and purchases transactions
  • Customer and vendor payments
  • General journal entries
  • Cheques and deposits

*only available in selected MYOB products

3) Power-Packed Analysis Features (Updated!)

i) Analyse your business in more than 200^ ways
Make more informed decisions based on accurate and detailed information:

  • Over 200 flexible reports and charts
  • Assess up-to-date Profit and Loss Statements and Balance Sheets
  • Produce comprehensive reports and send to Microsoft Excel for further analysis
  • Use inbuilt Data Auditor to detect common processing errors and to ensure integrity of your business information
  • Analyse sales by salesperson, track where sales are coming from, and identify customers who owe money, stay on top of outstanding invoices and more.

^ MYOB Premier and MYOB Premier Plus. MYOB Accounting allows for more than 160 ways of analysis

ii) Business Insights (New!)

The Business Insights feature allows you to analyse key financial information using a range of interactive tables and graphs. You can use it to analyse your:

  • Available cash
  • Cash flow
  • Profit and loss
  • The money that you owe suppliers
  • The money that customers owe you

With access to such information you can now

  • Plan your expenditure work out
  • Predict the effect a major purchase or hiring would have on your cash position
  • Predict Cashflow Issues
  • Renegotiate customer payment terms
  • Contact customers with overdue payments
  • Negotiate a payment or discount with your supplier

 

MYOB Products with the Powerful Accounting Features:

1) MYOB Premier – For Multi-Currency Transactions, Multi-Users, Time-Based Tracking & Billing
2) MYOB Premier Plus – For Multi Currency-Transactions, Multi-Users, Time-Based & Tracking and Payroll
3) MYOB Accounting – For Single-Currency Transactions, Single-User
4) MYOB AccountEdge – For Mac Operating System

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