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Home Tips for MYOB users MYOB Accounting software V20 - overview

MYOB Accounting software V20 - overview

MYOB Accounting

MYOB Accounting software is designed with the small business owner in mind.   Has CashBook, Sales and Purchasing and Inventory management modules. And Job costing.  Prepares full set accounts.  Single user and single currency. The 2014 Malaysian version is GST compliant.  It has been approved by the Royal Malaysian Customs Department  as a GST approved accounting software. 

With MYOB Accounting software, we emphasise on automating the daily processes, leaving you time to build your business. 

Main modules :

  • Banking / CashBook                                                         
  • Purchases / Accounts Payable
  • Sales / Accounts Receivable
  • Inventory / Stock Control
  • Accounts
  • Job / Project costing

Main concepts

  • All modules are integrated with each other. Do things once only
  • Single entry
  • Real time; no batch posting
  • Developed with the layman in mind. No accounting jargons used.

Time saving features incorporated in the software

  • Save recurring transactions as templates. Don't need to re-enter them each time.
  • Store default sales and purchase settings for each customer and supplier - save time whenever you enter a transaction
  • Record details of your phone calls and correspondences, and set recontact dates so you follow up
  • Fax / email your documents (invoice, purchase orders, statement, receipts etc) to your customer and suppliers - save printing time and costs
  • See exactly what's in stock, on order and committed.  Stock listing is always up-to-date and accurate. 
  • Track profits by projects (jobs) and branches (categories)
  • All reports can be sent to Microsoft Excel (WYSIWYG)
  • To Do List report shows a a summary of  major activities  
  • Powerful search function

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