MYOB Canada Inc. announces new release of MYOB Accounting.Business/Technology Editors MISSISSAUGA, ON--(BUSINESS WIRE)--Feb. 8, 2000 - New version offers increased productivity to Canadian small businesses - MYOB "Mind your own business." See digispeak. (chat) MYOB - mind your own business. Canada Inc. today announced the release of MYOB Accounting Version 9, an accounting and business management solution geared towards small businesses that don't yet need the more advanced features offered by its sister product, MYOB Accounting Plus. MYOB Accounting is ideal for smaller businesses, offering full-featured, fully integrated and powerful accounting in a flexible, yet easy to use package that includes general ledger General Ledger A company's accounting records. This formal ledger contains all the financial accounts and statements of a business. Notes: The ledger uses two columns: one records debits, the other has offsetting credits. , chequebooks, sales &receivables, purchases &payables, payroll, item inventory, jobs management and a contact card file. MYOB Accounting also provides a direct link to Microsoft Excel (tool) Microsoft Excel - A spreadsheet program from Microsoft, part of their Microsoft Office suite of productivity tools for Microsoft Windows and Macintosh. Excel is probably the most widely used spreadsheet in the world. Latest version: Excel 97, as of 1997-01-14. and Word and Corel WordPerfect See WordPerfect Office and WordPerfect Corporation. for fast and easy customer mailings and business analysis. Version 9 adds many new features and enhancements, among them: - A comprehensive payroll functionality, for which other MYOB products are acclaimed, is now added to MYOB Accounting to take care of the needs of the growing number of small businesses with employees. This makes MYOB Accounting one of the easiest and most affordable integrated accounting products. - The ability to e-mail reports, invoices and purchase orders helps speed deliveries from vendors and payments from customers, as well as making reports immediately accessible to a company's accountant. - Support for the General Index of Financial Information (GIFI GIFI General Index of Financial Information (Canada) ) allows businesses filing T2 Corporate Tax Returns to set up GIFI item codes for all detail accounts, create reports displaying the GIFI information and export the information into their accountant's tax and client write-up software. - An advanced search added to the Inquiry Register window lets users search for a transaction by an amount or a range of amounts and by text within the memo field A data field that holds a variable amount of text. The text may be stored in a companion file, but it is treated as if it were part of the data record. For example, in the dBASE command list name, biography in addition to a search by account, card, invoice, purchase order, job or payroll category. - The ability to add service charges and interest earned within the cheque reconciliation screen makes balancing chequing accounts Noun 1. chequing account - a bank account against which the depositor can draw checks that are payable on demand checking account, current account bank account - a fund that a customer has entrusted to a bank and from which the customer can make withdrawals; quick and simple. MYOB Accounting Version 9 also provides drill down arrows on the reconciliation screen so users can easily access the originating transaction. - An unlimited number of transactions to accommodate company growth - User-defined aging for sales and purchases brings total flexibility in customer/vendor financial relationship options. Small businesses using MYOB Accounting Version 9 have the added advantage of being able to upgrade to MYOB Accounting Plus as their accounting and business management requirements grow. Accounting Plus offers small businesses multi-user functionality, cross platform access, and additional features including multiple currency accounting, stronger inventory with multiple pricing and quantity levels, and professional time billing, among others. ABOUT PRICING MYOB Accounting Version 9 is available on Windows for $129. It can be purchased in retail stores and catalogues or directly from MYOB Canada Inc. by calling MYOB Customer Service at 1-800-640-MYOB(6962). Technical support and payroll tax Payroll Tax Tax an employer withholds and/or pays on behalf of their employees based on the wage or salary of the employee. In most countries, including the U.S., both state and federal authorities collect some form of payroll tax. table updates are also available. MYOB Canada Inc. is a subsidiary of MYOB Limited, and one of the MYOB Group companies. The MYOB Group has been on the front lines of the micro-computer information revolution since 1983. With affiliates and publishing partners worldwide in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , Australia, the United Kingdom, New Zealand New Zealand (zē`lənd), island country (2005 est. pop. 4,035,000), 104,454 sq mi (270,534 sq km), in the S Pacific Ocean, over 1,000 mi (1,600 km) SE of Australia. The capital is Wellington; the largest city and leading port is Auckland. , South Africa South Africa, Afrikaans Suid-Afrika, officially Republic of South Africa, republic (2005 est. pop. 44,344,000), 471,442 sq mi (1,221,037 sq km), S Africa. , Singapore and Malaysia, the companies have helped more than 350,000 small businesses manage their finances more efficiently. MYOB and the MYOB logo are trademarks of MYOB Limited. Other products may be trademarks or registered trademarks of their respective companies. |
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