Accounting Software UK

Common sense business guides

Thinking of starting your own business? Want to find out more about VAT, employing staff or running a payroll?

Our business guides offer a plain English introduction to the problems, pitfalls… and pleasures of running your own business.

The seven main concerns facing entrepreneurs

From raising finances to dealing with VAT, this guide looks at the seven main areas that worry entrepreneurs and offers a few tips on how to overcome them.

The seven main concerns (PDF 600 KB)

Guide to starting your own business

Quick quiz; writing a business plan; raising money; paying taxes; choosing software and more.

MYOB startup guide (PDF 1.26 MB)

Guide to starting your own business (Mac)

There’s also a version of our startup guide for people who prefer to use Macs. This covers all the topics in the main guide with an extra section on selecting software suitable for the Macintosh environment.

MYOB startup guide for Macs (PDF 1.39 MB)

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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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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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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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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.

Review and edit your final accounts on-screen

Drill down from final accounts and nominal reports to initial point of entry
View larger image

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MYOB for retail businesses

Whether you’re just starting your retail operation or are looking to ways to improve its efficiency, MYOB has the answer. MYOB retail solutions are powerful yet easy to use and integrate with MYOB Accounting or MYOB Accounting Plus to provide an end-to-end solution to all your retail needs. 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 RetailBasics

A powerful point-of-sale solution that gives your PC even more functionality than a cash register, and gives you an efficient way to process sales.

• Find out more about MYOB RetailBasics
• Try MYOB RetailBasics free for 45 days
• Buy MYOB RetailBasics online today with a 30 day money-back guarantee

MYOB RetailReady

All the essential software and hardware peripherals you need to turn your PC into a powerful point-of-sale solution.

• Find out more about MYOB RetailReady
• Try MYOB RetailReady free for 45 days
• Buy MYOB RetailReady 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

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Taxation

The MYOB Tax Family encompasses the entire spectrum of taxation software needed by any practice.

If you produce tax returns for your clients, you need the PerTAX Family of Tax products . This suite of tightly integrated applications handles personal, partnership and trust and estate tax affairs.

Securities income and Capital Gains Tax calculations are simple with SecTAX , and links to share price data feeds mean client portfolio valuations are always up to date.

CorTAX performs UK corporation tax computations and produces facsimile CT600 tax returns.

Republic of Ireland

Professional firms in the Republic of Ireland can use Taxpack and Compad for personal and corporate tax and administration. Find out more about these two applications on the MYOB website for the Republic of Ireland .

PerTAX Family

Handles all compliance work relating to your client’s personal, partnership, trust and estate tax affairs.

PerTAX eQuest

Capture client information via your website

PerTAX eSP

Produce and export detailed reports easily. 

PerTAX R185 Beneficiaries

Store taxable income details of each trust or estate beneficiary and produce R185.

PerTAX Aide-Mémoire

Automates production of personalised, paper-based questionnaires for gathering client data

PerTAX Data Conversion

Convert data from competitor systems

SecTAX

Makes Securities Income and Capital Gains Tax calculations simple 

CorTAX

 Performs UK corporation tax computations and produces facsimile CT600 Tax Returns.

Other Products + Services

Central

Run your accounting practice efficiently with MYOB practice management systems, tax solutions and services

Accounts Production

The Viztopia Accounts suite is in use at over 1,000 sites, making it one of the UK’s most popular choices for accountants in practice.

Practice Management

 Easy to use and comprehensive, VPM provides practices with key management information on demand.

Document Management

 Access client information, documents and practice knowledge through a web browser interface.

Trust Accounting

Manage investments with an integrated tax and accounts suite that includes formatting, reporting and data import tools.

Insolvency

 MYOB Insolvency is a flexible and fully integrated accounting system that comprehensively supports personal and corporate cases, both trading and non-trading.

Accountants Services

Outsource your compliance work to UK qualified ACAs and ACCAs

Support, Consulting and Training

 All MYOB software is backed with comprehensive services and support to ensure you get maximum value for your business.

Case Studies

 Accounting firms who use MYOB software cover the entire range of practice size – from sole practitioners to Top 20 firms. Read about their experiences here.

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