What version of myob would you recommend for a small business just starting up?

Question

Or do you swear by other software? I need software compatable in Australia.

Answer 1

Even older versions of MYOB will be OK. I am still using my version that is four years old, without any updates.

Answer 2

Hi Stroppa,

Great question and one that many small business owners have.

Have you spoken to your accountant about this - if you plan to stick with your accountant over the life of the business you should choose what he suggests - as your accounting bills should be cheaper as he is handling software he knows.

My next question, is what sort of business do you have?

Final quastion - what do you want from your software package?  Do you need POS (Point of Sale), do you have inventory?  do you have staff on payroll?  international transactions? warehouse issues?

The most widely used software in Australia is MYOB.  I as mentioned by another respondant am a MYOB Certified Consultant (thanks for the praise!) so I am biased towards that product.

Because it is widely used, it will be easier to find competent/expereinced  staff to work on your MYOB datafile.

You can download all versions, and try them for free for 3 months.  You can enter data, create invoices, monitor your financials for 3 months, before you need a cash outlay.

You can also purchase the very basic product - Business Basics for about $150 - and as your business grows upgrade in stages to a package suitable for a medium size business!!

I suggest you check out prices at umart online, office works, and Harris Technology, as they normally have the best prices.

The ideal answer will depend on your answer to my first three questions.

Answer 3

you can try myob accounting or if you need payroll you can try myob accounting plus.

why don't you download the trial version and give it a try if that have all the feature you need.

http://myob.com/servlet/Satellite?c=Page...

Hope it help and good luck

Cheers

Answer 4

Maybe you want to use the latest one if you want to keep up with the updates, supports, etc. There is someone in Yahoo Answer (Star Anise) that is actually a registered MYOB adviser (or something like that). Would be good if you can get some input from her.

I personally prefers QuickBooks than MYOB (more flexible, easier to manipulate, can do everything that MYOB can, interact smoother and sweeter with Microsoft products, etc etc etc - and yes, still "compatible" with our Australian environment).

I know MYOB has a greater market share than QB in Australia, more people use it, maybe easier to then find a bookkeeper who is really proficient in it.