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Acon Pty

The document discusses the benefits of using MYOB accounting software compared to Excel for a company's accounting needs. Some key benefits of MYOB include its ability to work online, manage invoices, payroll and inventory, generate reports, and provide business insights. While Excel is less expensive and easy to use, MYOB is more full-featured and automates accounting tasks, reducing errors and time spent. The document recommends MYOB as the preferred software for the company to help it grow.

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Tuba Mirza
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75 views13 pages

Acon Pty

The document discusses the benefits of using MYOB accounting software compared to Excel for a company's accounting needs. Some key benefits of MYOB include its ability to work online, manage invoices, payroll and inventory, generate reports, and provide business insights. While Excel is less expensive and easy to use, MYOB is more full-featured and automates accounting tasks, reducing errors and time spent. The document recommends MYOB as the preferred software for the company to help it grow.

Uploaded by

Tuba Mirza
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd

ACON PTY.

LTD
BENEFITS OF USING MYOB
MYOB software

 An Australian accounting software


company aims to deliver best
software for small and big business.
 MYOB stands for Mind Your Own
business that what the company does
to assist companies to set their own
business.
Features of
MYOB
Features of MYOB
 Works online
 Calculate & track GST
 Manage quotes, invoices, and statements
 Accept payment from invoices (via PayDirect Online)
 Sell items, services, or both
Features of MYOB
 Track and pay expenses
 Manage customers and suppliers
 Bank feeds
 ATO SuperStream compliance
 Payroll with automatic leave calculation and real-life timesheets access for
employees
 Inventory management
Benefits of
MYOB
software
Benefits of MYOB software

 Easy to operate as compared to other complex accounting software

 Process accurate results and elimiante the hustle of rechecking each transaction

 Trustworthy in order to store account information


Benefits of MYOB software

 Stay consistent while performing any operation

 Capable of generating reports in order to tackle financial breaks

 Capable of providing business solution and insight of business


MYOB Vs Excel
MYOB Vs Excel

MYOB (pros) Excel (pros)


 Work online  Less expensive
 Faster than manual accounting program  Easy to operate
 Enable more users to work
 Able to sell product and services both at one time
 Manage inventory deliberately
 Easy to operate
 Fast working
 Less time cosnuming
MYOB Vs Excel
MYOB (cons) Excel (cons)
 More expensive  A lot of time require to enter data manually
 May requires training to operate  A lot of energy needs to consumed.
 May require good internet connection  Manual entry increase the risk of error.
 Less effective templates
 New features requires training
 standard double entry bookkeeping
MYOB wins!
 As per the advantages of MYOB it is obvious that new accounting software will
help ACON to move forward in future.
 I want John and Julie to take part in learning MYOB as new accounting software in
order to make the organization grow among competitors.
ThankYou!

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