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MYOB Business Basics

April 14, 2010

This is a good review from Ac’g web:

The trouble with typical PC-based accounting software is that double-entry journals and other features that appeal to experienced accountants make it overly complex for budding entrepreneurs who want something simple to help them control their finances as the business takes off.

Like other “starter” packages based on cut-down versions of big brand accounting applications, MYOB’s BusinessBasics needs to overcome this hurdle. Using the accounts of a local sports club as a test bed, I put the application through its paces during the Christmas break.

MYOB BusinessBasics: Key points
Entry-level edition of MYOB’s small business acounts package, providing bank, sales and nominal ledgers only. Those seeking time/billing, foreign currency accounting, jobs management and specialist accounting tools should investigate or upgrade to MYOB Accounting or Accounting Plus.Strengths

 

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