Technology Info & Tips

This Month’s Tip: 

Software: MYOB

New MYOB Versions – Accounting Version 16 and Premier Version 10

The new versions of MYOB are now available!

So what are the reasons to upgrade?

• Payroll timesheets can be used to pay employees and/or record time to be charged to clients (you choose)
• You can receive items into stock without a supplier bill, e.g. you can estimate the cost and update it when you have the final bill  (providing you still have at least one item in stock) but it will bring the items into stock allowing you to sell them
• You can enter a standard cost for inventory items (or choose to keep using the current method of last cost), e.g. You can enter the usual price for an item that will show up in the purchase screen
• You can have multiple locations for inventory (Premier Enterprise product only), e.g. Warehouse 1, Warehouse 2, Shop 1 etc
• You can retain transactions for the previous seven financial years (although if your file is already quite large this may not be appropriate)
• Budgeting has been improved significantly with the ability to budget for the NEXT financial year, copy the actual figures for last year and repeat with/without a percentage/dollar increase
• An ability to merge cards and accounts and retain the transactions linked to these, e.g. if you have 2 accounts one called “Postage” and the other “Postage & Stationery” you could choose to merge the 2 accounts into the “Postage & Stationery” and all transactions for “Postage” account will be moved over.
• An ability to copy recurring transactions to another card, e.g. you choose a recurring transaction in the list, click create copy and then can choose all the cards you need a copy for
• They have added the ability to import and export payroll details
• Some additional reports, including a list of prepaid transactions, timesheet reports, superannuation payments made and the tax component included in payables and receivables

What is the cost to upgrade?

From MYOB Accounting (Earlier Version than v 15.5)
• To MYOB Accounting v16 - $230
• To MYOB Accounting v16+ (with cover) - $400
• To MYOB Premier v10 (with cover) - $1,050

From MYOB Accounting Plus (Earlier Version than v 15.5)
• To MYOB Accounting v16+ - $300
• To MYOB Premier v10 - $950

From MYOB Premier (Earlier Version than v 9.5)
• To MYOB Premier v10 - $500

Full Product
• MYOB Accounting v16 - $300
• MYOB Accounting v16+ (without cover) - $500
• MYOB Accounting v16+ (with cover) - $700
• MYOB Premier v10 (with cover) - $1250
• MYOB Premier Enterprise v4 (with cover) - $3,400
Note that prices do not include installation or training they are a purchase of software only. These prices are for existing mbt customers only. Prices are correct as of 5/10/06 however as prices may vary please ask us the price when ordering.

To order please contact the technology team today.

Tips Archive