Dec 14, 2010

MYOB Accounting software is easy to use. Even 12 year olds can use MYOB

Yes, even 12 year olds can use MYOB Accounting software.

Today I visited one of my clients who are into the 10th month of using MYOB software in their business.

I saw 4 young girls (age ranging from 12 years to 15 years) in the office.  The young girls are temping at the office, under the watchful eyes of their respective mums, earning some pocket money during the school holidays.

What amazes me is that the girls are so adept at using MYOB software.    One girl confidently called out the supplier's phone number in the CardFile and was soon on the phone informing the suppliers that their cheque payments are ready for collection.  Another girl was on the purchase order screen raising a purchase order.

I think it is a good idea to involve young girls and boys in the office during the school holidays. The business owner is very open minded - the children are not theirs; it's their staff's children.

This client first started with MYOB Premier 3 user licences, and soon increase to the current 9 users licences within 10 months.  Business has been good.

What did the client do right?
They are in the engineering business.  They purchase parts from foreign suppliers and assemble them into a complete machine.  The owner runs a weekly report of the material costs incurred (ordered and received) for each project.  We use Job Codes to track the project profitability, and Time Billing to track the unbilled amounts for work in progress.

Since they have 9 users, we introduced a Thin Client solution that allows all 9 users to access the datafile without any loss of speed.

They also use MYOB software to print the 100-odd cheques per month, which previously took them days to write, but now takes about 2 hours to complete the entire payment process.

Sep 11, 2010

Why Every Business Needs an Accounting software

Most business owners don't give importance to getting an accounting  software to manage their business.  Or they get the software without any training, hoping against hope that they can learn to operate the software by themselves or by their staff.

This is a story of a business entity which got into serious bank problems after 8 months into their new businsss. Their business is a service-based, and is profitable.  They have managed to raise orders of almost Rm 1.3 million within 8 months.

So, what is their problem?

Aug 8, 2010

MYOB Singapore is compliant with Singapore GST ruling

Malaysian companies looking for GST-ready accounting software should consider MYOB. The same software has been certified compliant to Singapore IRAS (Inland Revenue Authority of Singapore).

Read more here:

Malaysia-GST : All You need to know about GST in Malaysia: MYOB Singapore version is compliant with IRAS

May 22, 2010

MYOB Cheque printing feature

Have you ever been asked by your customer to print your own payment cheque?

Yesterday, I delivered the MYOB Accounting v18 software to a client.  He asked me to install, and use the MYOB software to print my own cheque.   In fact this is the 2nd time I was asked to do it.  The users have heard about the cheque printing feature in MYOB and wanted a real life demo.

Yes, MYOB has a feature in the software that will allow you to enter the details of the payment, and then proceed to print the Payee Name, Date and Amount (in words and figures) onto the actual cheque which you can insert into the printer. 

A cheque writer will set you back Rm800 but with the MYOB software you get the feature for free. 

If you need more information, call your MYOB consultant.

May 16, 2010

UBS or MYOB Accounting software?

The two popular accounting softwares used by Malaysian SME companies are UBS and MYOB.  Why do we say so?


We go by the following points :
1.job placement advertisements in the local newspapers often state 'knowledge of UBS or MYOB computerised accounting system is preferred'


2.potential customers often ask us to compare MYOB with UBS.


So what are the main differences between MYOB and UBS software?

Mar 7, 2010

MYOB Malaysia launches latest version compatible with Windows 7

MYOB Malaysia has launched the latest version of MYOB Accounting v18 and MYOB Premier v12 which is compatible with Microsoft Windows 7. Look out for the new product box with the logo 'Compatible with Windows 7' on it.



MYOB product box with the logo Compatible with Windows 7



This means that MYOB Accountign products have passed Microsoft designed tests to help ensure they install readily and run reliably with minimal number of hangs, crashes and restarts.

To know more, click here