Accounting Software UK

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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Overview

Know the impact of every financial business decision before you make it

The ability to analyse and evaluate accounting data is a fast emerging trend because it allows accountants to really understand the drivers in their clients’ businesses.

MYOB PerformanceOptimiser allows you to analyse your clients’ financial records to determine the strengths and weaknesses in their businesses. It helps map out a financial strategy and provides numerous opportunities for business improvement.

MYOB PerformanceOptimiser turns the data you have in MYOB Viztopia Accounts Production into an easy-to-understand ‘financial scorecard’. You can then analyse this information quickly and easily, as well as model future profit, performance and cash flow scenarios.

Features & benefits

MYOB PerformanceOptimiser - making business simple

MYOB PerformanceOptimiser helps you to understand and control your clients’ key business drivers and lets you perform complex calculations in seconds.

Imagine having instant answers to complex questions like:

• What if sales improve by 10%?
• What is the financial impact on cash flow if I increase my volume?
• How can I improve my cash flow?

MYOB PerformanceOptimiser gives you the power to answer such questions in just a few seconds.

Perform ‘What if’ analyses

With MYOB PerformanceOptimiser, you can perform ‘What if’ analyses on your clients financial figures, allowing you to model a range of different scenarios and see the outcomes.

Goal seeking

Goal seeking allows you to set a financial objective, and see what is needed to achieve that goal. To goal seek you simply enter the figure you want to achieve, and MYOB PerformanceOptimiser will show you the impact of that change on other areas - so you can see exactly what you need to do to achieve the desired

Features & benefits

MYOB PerformanceOptimiser can help you build your practice in many different ways. Here are just 10 suggestions:

1. Provide business health checks for your clients
   MYOB PerformanceOptimiser automatically generates a 19 page diagnostic report. This is an easy way to increase the benefits you offer your clients, without increasing your workload.
2. Conduct feasibility tests
   With MYOB PerformanceOptimiser’s unique ‘What if’ and ‘Goal seeking’ functionality there’s no need to set up complex Excel worksheets and models. It’s incredibly quick and easy to review new business opportunities using MYOB PerformanceOptimiser’s one-page financial scorecard.
3. Help your clients prepare for bank meetings and reviews
   MYOB PerformanceOptimiser features all the major financial ratios and lending covenants used by banks and financial institutions. By knowing what banks are looking for you can prepare your clients for successful meetings with their financiers.
4. Win new business
   You can load data in minutes and impress prospective clients with your knowledge and insight about their business. It’s easy to print diagnostic reports that illustrate your willingness to really add value to their business.
5. Focus on cash flow
   Inventory, receivables and payables management all consume businesses cash flow - MYOB PerformanceOptimiser uses flowcharts and analysis screens to explain this to your clients in simple terms. For example, MYOB PerformanceOptimiser’s Profit to Cash report explains concepts that all business owners should understand.
6. Monitor and manage your clients’ business performance
   MYOB PerformanceOptimiser provides a framework for analysis, which means you can standardise the way you conduct strategic planning services. Clients will appreciate the consistent methods used to monitor and manage business performance, and because MYOB PerformanceOptimiser makes it so easy, these reviews can be conducted on a regular basis.
7. Conduct due diligence and business valuations
   MYOB PerformanceOptimiser’s ability to roll forward is ideal for testing assumptions, preparing financial projections, validating information and preparing valuations in trade sales or company acquisitions.
8. Assist with financial planning and wealth management
   Creating projections and offering wealth management and tax planning advice has never been easier. With MYOB PerformanceOptimiser you can start cross-selling your services to generate greater revenue.
9. Investigate specific scenarios before your clients implement them
   ‘What if’ calculations for price changes, promotions, revenue growth vs. discounting and other scenarios need a business model you can trust. To gain the confidence of your clients, you also need to be able to show how the results are calculated. By using MYOB PerformanceOptimiser’s Net Change feature you can illustrate likely outcomes and stress-test scenarios before you actually implement them.
10. Conduct ‘going concern’ analysis
    MYOB PerformanceOptimiser is ideal for auditors who need to establish the basic principle of a ‘going concern’. All reports can be exported to show critical performance indicators.

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