Accounting Software UK

MYOB PartnerUpdate - November 2007

It’s a great time to be working with MYOB!

• Sales of our business software in the UK have increased by 60% in the last year
• We now have a 35% market share in PC World - the UK’s Number 1 software reseller
• Traffic on our website has doubled in the last 12 months
• Over 600 accountants, consultants and bookkeepers are now MYOB Professional Partners
• There are over 45,000 MYOB clients in the UK, requiring professionals with knowledge of MYOB software

Whether you’re already a Partner or are thinking of joining, our free MYOB PartnerUpdate seminars provide an ideal opportunity to learn more about MYOB products and the MYOB Professional Partner programme.

Special offer

If you’re not already an MYOB Professional Partner you can get a free copy of MYOB Accounting Plus (worth £349 + VAT) just by coming along to an MYOB PartnerUpdate to find out more.  Existing MYOB Professional Partners will get one free copy of MYOB Accounting Plus for each prospective Partner they bring, with no limit on the number!

• View agenda
• View venues and dates
• Book your tickets

Agenda

Introduction to MYOB products
Salmaan Nasser, MYOB Product Technical Specialist, introduces the MYOB business software range.

New MYOB KnowledgeBase
Get a guided tour of the new MYOB KnowledgeBase, an extensive online database of hints, tips, issues and solutions, available to both Partners and their clients.

Partner Web Forum
See the new Partner Web Forum which allows Partners to communicate with each other and MYOB, to share ideas and opinions and ask questions.

MYOB in 2008
What’s in Version 17? Get a preview of some of the highlights of the latest version, scheduled for public release in Q1 2008.

Advanced stock control
Are your clients making the most of the stock control facilities in MYOB Accounting and MYOB Accounting Plus? We’ll show you a few tricks that even you might not have thought of!

Venues and dates

Date
Location
Venue

Thurs 15 November
Glasgow
City Inn, Glasgow, Finnieston, Quay, Glasgow, G3 8HN

Tues 20 November
Manchester
Marriott Hotel, Water Street, Manchester, M3 4JQ

Weds 21 November
London, Gatwick
Sofitel, North Terminal, Gatwick Airport, RH6 0PH

Tues 27 November
London
Savoy Place, 2 Savoy Place, London, WC2R 0BL

Weds 28 November
Bristol
The Park Resort, Wick, Near Bath, BS30 5RN

Thurs 29 November
Birmingham
Hyatt, 2 Bridge Street, Birmingham, B1 2JZ

Times

9.00am - 9.30am
Registration

9.30am - 12.30pm
MYOB PartnerUpdate sessions

Tea, coffee and biscuits will be available during registration and morning break.

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MYOB for businesses

MYOB software is the fastest, easiest way to manage your business finances. No wonder that 500,000 business owners worldwide rely on MYOB software and services.

For further information - or to buy or try any of the software - select from these links. Alternatively, call the MYOB Customer Service Team on 0845 130 3975 (Mon-Fri 9 am - 5:30 pm).

MYOB BusinessBasics

Process sales, manage your VAT and track who owes you money.

• Find out more about MYOB BusinessBasics

MYOB RetailBasics

Give your PC more functionality than a cash register.

• Find out more about MYOB RetailBasics

MYOB Accounting

Process payroll, sales and purchases, manage VAT and email quotes and invoices.

• Find out more about MYOB Accounting

MYOB RetailReady

Software and hardware to turn your PC into a point-of-sale solution.

• Find out more about MYOB RetailReady

MYOB Accounting Plus

Multiple currency accounting, professional time billing and advanced stock control.

• Find out more about MYOB Accounting Plus

MYOB Payroll

Automates payrolls of all sizes, from one to 1,000 employees.

• Find out more about MYOB Payroll

Get more information about MYOB software and services

• Read recent product reviews
• See a list of awards given by the computing press
• Find out what MYOB customers think by reading their case studies

MYOB for accounting practices

MYOB also provides software and services to help professional accountants run their own practice more profitably and, in turn, help their clients do the same. MYOB’s practice management, tax, client accounting and document management software is used by other professional service organisations such as lawyers and tax advisors.

• Find out more about MYOB software for accounting practices and other professional service organisations
• Find out more about the services that MYOB can provide to these firms
• Find out what MYOB clients think by reading their case studies

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Accounting Software Need-to-Know

• Buy a small business accounting software package that can grow with your business and from single to multiple accounting software users
• Look for accounting systems that integrate with the other office software you use
• Many vendors of business accounting software offer free trials

Gone are the days when paper-based ledgers were the only option to track key accounting tasks. Now, a plethora of small business accounting software choices are available. Accounting software can help your business in numerous ways: reducing errors, saving time, organizing customer data, streamlining payroll and giving you a complete view of your company’s financial status. With a clear picture of your financials, you can make smarter business decisions.
Before choosing among software accounting systems, here are some key questions:

1. Can it scale or upgrade if my business grows?
2. Is it easy to learn and easy to use?
3. Does it have all the features I need?
4. Does it have features I don’t need?
5. Will it run on my computer?
6. Will it work on an office network?
7. Does the vendor offer online and phone support?
8. Is the price right for my needs?

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MYOB small business software is now available to rent. In return for a small monthly payment, users get unrestricted access to their choice of accounting and integrated payroll systems: MYOB BusinessBasics, MYOB Accounting and MYOB Accounting Plus.

The new service offers a risk-free option for startups who are still assessing their IT requirements and need to control and track their operating costs. But it’s also a great choice for established businesses, since payments are 100% tax deductible. Prices start at just £9 per month, including VAT, and the rented software comes complete with MYOB Cover.

This rental model provides MYOB Professional Partners with a new revenue stream for very little additional work. Partners will receive a monthly payment for every client who enrols using a unique code supplied by the Partner to their customer.

MYOB will process the sale and supply the software, paying commission on all monthly payments allocated to the Partner’s code. If you’d like to get your own unique code for software rental please contact your Account Manager.

View a presentation

• View the Renting for Partners presentation (PowerPoint 486KB)

Find out more

Become an MYOB Professional Partner today and start earning monthly revenues from MYOB’s small business software:

web: www.myob.co.uk/partners
tel: 0845 130 3975
email: partners.uk@myob.com

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Viztopia Accounts Production is easy to use, flexible and automates many key tasks. It can save you time and money while producing a high-quality final output that exceeds your clients’ expectations.

Today VAP is in use at over 1,000 practices throughout the UK and Ireland, ranging in size from sole practitioners to 12 of the top 20 UK firms.

VAP modules

You can expand VAP’s feature-rich interface by adding one or more modules:

• Viztopia Accounts Formats
• Fixed Asset Register
• Invoicing
• Audit Journal Tracking
• Group Consolidations
• Data Conversion

You can also extend the functionality of MYOB Viztopia Accounts Production with MYOB PerformanceOptimiser , a powerful business advisory tool.

Features & benefits

Viztopia Accounts Production

• A comprehensive ‘cradle-to-grave’ accounts production system.
• Full import and export facilities to and from all leading software packages.
• User-friendly input of statutory information including detailed exception report on any omissions or non-compliance.
• Instant amendment for post trial balance journals.
• Comprehensive chart independent accounts templates to deal with all statutory and audit scenarios.
• Large, medium, small, abbreviated and FRSSE limited company formats, partnership and sole trader formats included as standard. Charity, LLP, pension, farm and group accounts formats templates also available.
• Ability to produce euro financial statements.
• Lead schedules, management accounts and analytical review.
• High quality, flexible output.
• Drill down from final accounts and nominal reports to initial point of entry.
• Quick and easy on-screen review and editing of final accounts.

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MYOB Accounting Plus with MYOB Cover

Welcome to easy accounting for your business

Whatever the size of your business, MYOB’s accounting software has the solution.  Whether you work in fashion or fencing MYOB has a simple way of making your books less of a chore and more of a doddle. MYOB Accounting Plus is a powerful multi-user business management programme for small or medium sized businesses.  It provides advanced stock, payroll and business management capabilities and will enable you to save time in management and analysis of your business.  The software also includes online payroll filing, allowing small businesses to receive tax free payments from HM Revenue & Customs up to the 2009 tax year. MYOB Accounting Plus includes a £50 Google AdWords voucher allowing FREE online advertising for your business*.  Smart.  Simple.  Sorted.

*Note: Google AdWords is solely responsible for services produced under the voucher and MYOB accepts no liability for their delivery.  Promotional credit is only available to new Google AdWords customers.

MYOB Cover

MYOB Cover provides:- Automatic upgrades of the product, Email support, 30 days installation support, 1 web-based training course to help you get the software up and running plus MYOB customer newsletters detailing special offers, business advice and software hints and tips.

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Small businesses in the UK are losing up to £4.8bn a year by spending excessive amounts of time balancing the books, it has been claimed.

Research by software and services provider MYOB found that almost half of small business owners believe that spending too much time on financial administration is having a negative effect on their firms’ profits.

The study found that the average small business owner spends the equivalent of 26 days a year on financial admin, compared to an average of just 14 days on annual leave.
This is perhaps unsurprising however, the survey found, given that a third of small businesses are using an Excel spreadsheet to manage their company’s finances, while a further 19% are relying on paper-based ledgers.
Wayne Schmidt, general manager of MYOB, commented: “With compliance and tax issues growing in volume and complexity year on year, the financial management burden is reaching a tipping point and is affecting the profitability and performance of many businesses up and down the country.
“Small businesses must implement more rigorous financial management systems and techniques to release the valuable time they spend on admin tasks and invest it in more profitable activities.”
Schmidt added that the use of more efficient processes would enable small business owners to invest more time in developing and growing their companies.

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Small businesses cry out for strategic guidance from accountants

• More than half (57%) of small businesses want more advice from accountants, not just admin
• More than half (58%) of small businesses face greater financial management pressures than they were a year ago
• Small businesses employ an accountant at five employees (76%)
• Accountants in Northern Ireland perform the best, with 93% of small businesses satisfied, compared to just 53% in Wales

London,  A survey of 500 small business owners (2-20 employees) by MYOB Limited today reveals that over half (57%) of small businesses are demanding more strategic advice from their accountants to overcome the mounting pressure of financial management complexities. This illustrates an important move beyond the traditional tax and VAT administration support that accountants are most commonly associated with.

The survey by MYOB, the accounting software and services provider, revealed that with almost half of respondents (43%) citing legislative compliance as a top concern, 57% want more compliance and legal advice from their accountant. A high demand for operational management assistance was also top of the small business agenda with almost half (48%) requesting payroll services. Small businesses value advice from accountants, with almost half (45%) asking for recommendations for accounting software to manage bookkeeping.

The statistics also show that once a small business reaches five employees, it is highly likely to look to an accountant for bookkeeping (76%). Tax returns are the most popular service with 60% of small businesses calling on accountants to help ease the tax burden. 35% use VAT returns and also auditing services to help run their business.

Accountants in some regions are not performing as well as others resulting in variations in satisfaction levels with the accountancy services received. Northern Irish practices best meet the expectations of small business clients with an overwhelming 93% saying they are satisfied with the services they receive. In contrast, the North East and Wales achieve 54% and 53% of satisfied small business customers respectively.

Simon Crompton, general manager of MYOB says: “The desire from the small business sector for a wider range of services from accountants is encouraging news for accountants. The statistics show that it is more important now than ever to seek ways to diversify your practice to offer a greater level of strategic and business advice to support smaller clients.

Crompton continues: “As staff retention and recruitment challenges continue to harm practices profitability, business services offer a breath of fresh air and a competitive advantage to practices wanting to grow. A strategic offering will help revive the staffing crisis and encourage practitioners that being an accountant can be far more rewarding than simply filing VAT returns.”

Media enquiries

For media enquiries please contact:

Nicola Truman, Kate Hamilton or Amy Gooch
Hotwire PR
Phone: +44 (0) 20 7608 2500
Email: myob@hotwirepr.com

For enquiries regarding MYOB products and services, please visit our Contact us page.

About MYOB

MYOB is a global provider of solutions that liberate business owners and accountants from the burden of day to day administration, empowering them to achieve business success. MYOB develops and delivers award-winning software, services and support for more than 500,000 businesses and over 10,000 accounting practices worldwide.

Owner-operated businesses are the most dynamic force in the world economy and yet they are universally challenged by limited resources. MYOB uses its knowledge, expertise and scale to help them build better businesses.

MYOB also works directly with accounting practices to streamline their processes and maximise their productivity. MYOB solutions are used by leading accounting practices from tax agents and sole practitioners to the ‘Big 4′ firms.

Through its understanding and partnership with both business owners and accountants, MYOB strives to further enhance the links between them for their mutual benefit.

MYOB Limited is a public company listed on the Australian Stock Exchange (ASX symbol ‘MYO’).

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Now 50% off selected business and retail software!

MYOB software is the fastest, easiest way to manage your business finances. No wonder that 500,000 business owners worldwide rely on MYOB software and services.

And there’s no better time than now to find out why!

For a limited period, MYOB business software is half price. That’s right - you can buy the latest copy of MYOB award winning software from less than £40, plus VAT.*

Software ordered directly from the MYOB website normally takes just a couple of days to arrive, so in no time at all we’ll be helping you run your own business more efficiently than you could have imagined.

Use the links below to find out more about MYOB software and to buy online at the special offer price and take advantage of our 30 day no quibble money-back guarantee. Alternatively, call the MYOB Customer Service Team on 0845 130 3975 (Mon-Fri 9am-5.30pm).

		MYOB BusinessBasics Ideal for start-ups, sole traders and small businesses, MYOB BusinessBasics helps you process sales, manage your VAT and track who owes you money. Was £79, now £39.50 (+ VAT and delivery) - save £39.50! Find out more about MYOB BusinessBasics Buy MYOB BusinessBasics online today with a 30 day money-back guarantee

Get more information about MYOB software and services

• Read recent product reviews
• See a list of awards given by the computing press
• Find out what MYOB customers think by reading their case studies

* Offer open until 31 August 2007, or until allocated stock has been sold, whichever is the sooner. The following software is included in the offer: MYOB BusinessBasics, MYOB Accounting, MYOB Accounting Plus, MYOB RetailBasics, MYOB Payroll.

Delivery prices are for UK only. For other locations, please call the MYOB Customer Service Team on 0845 130 3975 (Mon-Fri 9am-5.30pm).

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