MYOB BusinessBasic is a basic accounting system especially created for self employed individuals and small businesses.
Behind the simple MYOB interface is a powerful double-entry accounting system that simplifies bookkeeping procedures and produces the financial reports reports behind the scene, without you having to do much.
View the features in detail with screenshots to help you visualise how to navigate round the software.
Overview of MYOB Basic features
MYOB BusinessBasics has 3 modules - Sales (AR), Banking (CashBook) and Accounts (Gen Ledger) to help you manage your business.
As you go down the list of features, we want you to keep in mind that MYOB BusinessBasics is a great business tool that will save you time, make you more organised, and help you get paid faster.
Note : If you need to track account payables, and payments to suppliers, then MYOB BusinessBasics is NOT suitable for you. You should consider MYOB Accounting.
MYOB Command Centre
MYOB has arranged its menu screen (called 'command centres') at the top of the screen for Accounts, Banking and Sales.
Screenshot : Command centre for MYOB BusinessBasics.
These icons represents activities or transactions that a small business conduct on a regular basis in the running of their business.
Point and Click Accounting
To access the menus, use your mouse to point and click on the icon. Once you click on each icon, will open with its own flow chart of sub-menus, representing tasks that need to be performed for that Command Centre
The window that opens up will look like your familiar looking paper forms that you use to manually wrte your payment voucher, or take your customer order.
Double-entry accounting journals done for you
MYOB BusinessBasics is an operations-based accounting software. Use MYOB BusinessBasics software to record daily operations such as invoicing and collecting payments from customers, and making payments of general expenses.
After you complete the on-screen windows for a transaction (eg making payments for utilities), and click the 'OK' button, MYOB BusinessBasics will immediately create the accounting journal entries, and post it to the relevant journals. The transaction journals are saved and can be viewed and printed for audit purposes.
Behind the simple MYOB interface is a powerful double-entry accounting system, which will be done for you automatically. It's as good as hiring a book-keeper.
User friendly interface
MYOB software uses plain English on its interface, and is designed for business owners who does not have formal accounting training. Accounting jargons are avoided at all costs. Words like 'Spend Money', 'Receive Money', 'Enter Sales', are used in to describe the tasks to be completed.
MYOB's powerful, yet easy to use features will help you reduce the time spend on doing paperwork relating to all aspects of your business, and it will compile, collate and analyse the data into meaningful information which will help you better manage your business.
Suporting documents and forms
After you record the transactions in MYOB, you can print the relevant document such as payment vouchers, sales invoices, delivery order, official receipts and statements. These documents can be further customised by inserting your own logo, and rearranging fields and columns according to your own liking.
Job / Project costing
MYOB BusinessBasics is also an important business tool to help you track your project costs and budgets. You can also create Job codes to keep accurate and detailed records of projects income and costs.
Screenshot : Job Information
Jobs can be linked to specific customers.
