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MYOB (Mind Your Own Business) is an Australian company that offers accounting, tax, and business-related services to small and medium enterprises. If you are a student of accounting, you need to know all about the MYOB software for various accounting purposes. If you do not know how to use the software, here are some areas that can provide you with essential MYOB help.
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How to Use MYOB Software for Accounting Needs? MYOB (Mind Your Own Business) is an Australian company that offers accounting, tax, and business-related services to small and medium enterprises. If you are a student of accounting, you need to know all about the MYOB software for various accounting purposes. If you do not know how to use the software, here are some areas that can provide you with essentialMYOB help. What does MYOB offer? MYOB is a multi-purpose accounting software that performs a great number of functions. Some of the major functions include: i. Personalisation of the message on invoice reminders ii. Setting up a sales target iii. Management of pay items – earnings and deductions
iv. Amending payment summaries v. Customer and supplier database tracking vi. Profit and loss reporting vii. Managing a chart of account It is generally used by startups to manage their accounting and taxing procedures remotely using the MYOB software online. However, it is now taught to students in accounting courses as well. How to use the tool? There is a vast usage of MYOB software in the professional sector. And since it has multiple uses, you need to put more effort to learn every function of this tool. Thankfully, the MYOB platform offers a number of tutorials and videos that can help you learn different applications of this tool. Go to myob.com and look for the tutorials of the functions you want to learn. The website has a blog section where you can get information regarding the use of the tool. You can simply skim through the content of the blogs and find the necessary details on the application of the tool. Interestingly, the tool is accessible from any part of the world. And you don't even need to install the software as it can be accessed via a web browser. How much does it cost? The MYOB Essentials Accounting costs $29 a month, and it offers unlimited transactions, bank feeds, unlimited users, unlimited customer invoicing and supplier bills. MYOB Advanced costs $99 per month or $5,940 a year. This version of MYOB offers everything the Essentials version has to offer, including other cloud-based solutions.
If you are a student, you can use the free online training for MYOB. It can provide you with all the necessary MYOB help you need. Also, if you don’t want to spent too much money on your MYOB assignment then you can use our Paraphrasing Tool to re-write your pre existing assignment.