Why MYOB?

No financial software package is perfect (not even MYOB!!)  However, there are a lot of reasons why Beenz & Bytes recommends businesses use MYOB (Mind Your Own Business) for their financial software.  Some of these reasons are listed below:

• MYOB software is specifically designed for small to medium sized businesses.  There are a range of options starting from the basics: one user, to a full suite of integrated modules: multi-user. 
• It is the financial software used by ¾ of New Zealand businesses.  Normally we are a great believer in individuality, but when it comes to financial software you want to be sure that you are using software produced by a company that is going to last.   Installing a new financial software system can be relatively expensive.  You do not want to be changing software products on a regular basis. The more businesses that the use the software, the greater the chance the company will be around for a very long time.  This is very important.  Added to this, MYOB is a publicly listed company on the Australian Stock Exchange.
• The other main advantage of using a popular software package like MYOB is that there are generally a lot of consultants available who have knowledge of the software and can support you if needed.  You should have a reasonable number of consultants to choose from when you to set up or reconfigure your MYOB software.
• The chances of being able to hire staff skilled in MYOB is much higher than any other financial software.  (MYOB is now available free in all schools).
• There are a large number of MYOB training options available, ranging from one-on-one training using a certified consultant to being able to learn about MYOB at an after-hours night school.
• All financial software packages have their share of “bugs”.  However, because there are a large number of businesses using MYOB software, it means that the product has been thoroughly tested by not only MYOB, but all those existing businesses that use MYOB.
• The import and export functionality within MYOB is superb.  You can import and export most of all the data held within MYOB to/from excel for example, and you don’t have to be a programmer to use this functionality!!!
• Although we recommend that you use a MYOB certified consultant to customize your forms, if you want minor changes made in the future, it is possible for you to make these changes yourself without needing to be a programmer.  Just ask your consultant to show you how changes can be made.
• MYOB integrates with your email system with ease.  So for example, you can email directly:
  -         purchase orders or supplier remittance advices to your suppliers
  -         invoices or statements to your customers.
• There are regular upgrades available.  This means that MYOB is continually improving.  For most modules it is optional whether you choose to upgrade or not (MYOB will still continue to support old versions from 2004 for up to 6 years).  Obviously, if you want to have the latest functionality, an upgrade is recommended.  MYOB Payroll is one module which you should always upgrade if there have been legislation changes to ensure you are keeping up to date with the latest laws, but this would be true with any Payroll software.
• MYOB has a fantastic support system in place, so if you do have a problem, there are a number of people to assist you (the knowledge of the software is not limited to just one or two people).
• If you choose an Accountant who has MYOB Accountants Office software, then your Accounting fees will be kept at a minimum due to this integrated software, which minimizes the amount of time Accountants need to spend on completing your Company’s accounts.
• MYOB is easy to learn and once learnt, users love using it.
• MYOB software is specifically designed for small to medium sized businesses.  There are a range of options starting from the basics:  one user, to a full suite of integrated modules:  multi-user (note:  MYOB does not include a fixed asset module)
• Best of all, MYOB is affordable.