MYOB

What MYOB is

Accounting software for smaller businesses. Invoices go out, expenses are recorded, bank transactions reconcile, and financial statements come out of the same system.

It also covers payroll-related settings, hours and tax filing support.

What you can do with it

• Create and send invoices and quotes
• Track payment and cash flow
• Record and categorise expenses
• Reconcile bank transactions
• Produce financial statements
• Manage payroll-related settings and reporting

Who it is for

• Small and medium business owners
• Finance staff and bookkeepers
• Office managers handling back-office work
• Growing companies formalising financial process

What to watch out for

• Payroll and tax rules are jurisdiction-specific and change: verify locally
• Accounting data is commercially sensitive, so check access and backup settings
• Migration from spreadsheets or another package needs planning
• Professional accounting judgement is still required for compliance