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MYOB Business Essentials Pro. Ryan Alacon HTM 304 04-21-04. Main Features. Premier Accounting ledger, banking, sales & receivables, purchases & payables, time billing, payroll, inventory and contact management, plus full powered features and functionality.
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MYOB Business Essentials Pro Ryan Alacon HTM 304 04-21-04
Main Features • Premier Accounting • ledger, banking, sales & receivables, purchases & payables, time billing, payroll, inventory and contact management, plus full powered features and functionality. • allows you to accept credit cards from your MYOB invoice, offer direct deposit of employee paychecks, pay vendors electronically, print certified payroll forms on plain paper • Financial Forecaster • Forecasting software that lets you know how much money you’re likely to make next month, next year or anytime down the road.
Main Features • Staff Files • Human resources software that helps you manage employee information accurately and securely. • Logo Creator • Logo design software that makes it easy to create a professional look for your BusinessBasics invoices, checks and other forms or for your website.
Keep track of inventory Use various tools to do all necessary accounting and financial operations. Keep track of sales, receivables and payables, and create ledger accounts. Give employees the option to do direct deposit. Forecast future earnings as competition get stronger. Find ways to reduce costs and maximize profit. Application into a business
Strengths Easy to use. Customizable framework for accounting operations. Simple payroll capabilities. Allows you to forecast future outcomes. Weaknesses Each program has to be installed separately. Limited online banking and cash-flow forecasting. Not suited for bigger companies. Strengths vs. Weaknesses
Where to buy? • MYOB website: $299 • Fry’s Electronics, Outpost.com: $299.99, $75 rebate • Ecost.com: $274.00, $100 rebate • Ecost.com offers the cheapest price over all other retailers, including the MYOB website.
Recommendations • This product is great for small to mid-size businesses. • As a computer program it is incapable of utilizing human qualitative characteristics (experience, judgment, etc.) • Use a strong computer set-up to run this program fast and efficiently. • Requires 155MB of hard drive space. • Pentium processor or equivalent @ 200MHz or better, at least 32 MB of ram. • Click here for the product assessment web page