Accountants

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15
May

MYOB and BankLink unite to define a new era in cloud accounting

Written by Adam Ferguson

It has been an exciting couple of days due to a major milestone that will transform the future of accounting software in Australia and New Zealand. MYOB has signed an agreement to purchase the Australian and New Zealand operations of BankLink.

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10
May

A good case of the YEPs (Year End Processes)

Written by Alistair Nestor

As we edge – ok, rush – closer to the end of financial year, May is a good month to take a step back and assess whether we’re prepared for the busy times ahead. From a personal point-of-view, I know I’ll be spending May and June madly scurrying about ensuring our team of MYOB Live Advisors is best prepared to assist you and your clients with the transition to AccountRight Live. However this week is all about planning for me. It’s all about making sure I know what I need to know before someone else needs to know it!

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06
May

Introducing the new and improved Client Accounting

Written by Aishah Mustapha

The Connected Accountant In any given day at the office, one of the most time-consuming activities has to be following long email trails to try and stay on top of things. This is especially true for accountants in practice that are servicing multiple clients. At MYOB, our vision for accounting is simple. We want to connect people so they can work easily with each other, whether you are a business owner, a CFO, an accountant or a book keeper. Today we are building another bridge for our clients as part of our big vision to move accounting to the cloud. We have upgraded our Client Accounting module to do something special for accountants in practice and their clients. Client Accounting can now access AccountRight Live files directly from within Accountants Office (AO) and Accountants Enterprise (AE). What this means is that accounting firms are now directly connected to their clients’ data in the cloud, realising our vision of a common ledger The direct access means you can say goodbye to long email threads where you have to wait and check if your clients have passed you their latest books and accounts. You get the latest information at your fingertips from your AO or AE suite. We’ve basically connected both software to AccountRight Live files. These are just some of the benefits for accounting practices: • Gain control of your client’s accounts and reduce risk so you can be confident about the integrity of the financial statements you create. • Stop rekeying information; remove tedious repetitive “grunt” work, and the “dirty work” of file clean up every year. • Save time and money with faster production of reports • Remove the reviewing bottleneck, reduce WIP and get paid faster. • Spend less time reviewing and apply that recovered time to value added services. (Stop revising, Start advising) How do I get it? The good news is that we’ve made this new feature available to all users, even if you do not have a client accounting module in your current AO or AE suite. From today, you will be able to read AccountRight Live files within AO and AE. For those with Client Accounting Plus (Workpapers), you will also be able to write to these files. To find out more, please contact your client manager. Or reach us by: • Website: MYOB Client Accounting • Phone: 1300 555 666

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22
Mar

How MYOB Live helps your clients with tax planning

Written by Alistair Nestor

Minimising tax liability is always a huge focus for your clients. Your expertise is relied upon to ensure a business’s financial plan is executed in the most tax-efficient manner possible. Asset realisation, insurance proceeds, capital allowances, bad debt write-offs – there are so many factors that need consideration when providing advice.

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04
Mar

Tax Concessions that Could Save You Money

Written by Tracey Sharah

Small businesses have some great deductions available to them that they can utilise this financial year. The following are the top 3 deductions and how you can account for them in your system.

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01
Mar

How to clear your mounting Work in Progress

Written by Chris Britton

What’s the most valuable asset in your accounting practice? Your time.

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