Jan 11, 2008

Tracking profit centres in MYOB

How to track the performance of each of your profit centres in MYOB.

MYOB uses the terminology 'Jobs' to help you group transactions belonging to various profit centres. You need to setup a 'Job Code' to represent a profit centre. Once you've created the Job Number, you can then allocate the transaction to each Job Number. Subsequently, you can use Job Reports to preview/print a report of the activities of each profit centre.

And in case you suffer from memory lapses once in a while, you can get MYOB software to remind you to allocate the Job Number to a transaction. You can also run an exception report designed to readily identify transactions that have not been allocated a job.

Cool?

Strong proponent of Doing Things Once Only

1 comment:

Anonymous said...

Hi Elaine,

You provide some great tools for small business entrepreneurs, and you appear to know a lot about what it takes to be successful.

That's why I would like you help with a question about a small business resource. If you could please e-mail me at: tchristensenATlogoworks.com (replace "AT" with "@"), I would really appreciate it.

Thanks Elaine,
Tanner