Posts Tagged "MYOB"

Frustrations With MYOB

Posted by on Jun 11, 2015 in Blog

Frustrations With MYOB

Over 1 million businesses in Australia and New Zealand use some form of MYOB software, easily making it one of the most popular accounting systems for businesses of all sizes. Just because a system is popular, or widely adopted, however, doesn’t mean that it’s easy to use. Businesses that use MYOB frequently encounter challenges that affect their ability to keep up with their finances and record keeping requirements. Since so many businesses have been using MYOB for years, and even decades, there is a temptation to continue to try to work within this system. After all, recent MYOB upgrades over the past few years have attempted to offer better reporting options, and can now be cloud based. The biggest feature that MYOB has going for it is that the upgrades are usually compatible with previous versions and the upgrades to the interface are so similar to those used in the past that there is a short learning curve to master the newer addition. All of these features come in handy if you have several years of existing sales data and other financial documents that you wish to import into a new system. Despite these benefits, MYOB is also well...

Read More