Home > MYOB LiveAccounts Brings Business Accounts and Banking Together ― Online

MYOB LiveAccounts Brings Business Accounts and Banking Together ― Online

Supplier News

MYOB , Australia’s leading provider of business and accounting management solutions has released its latest online solution, MYOB LiveAccounts.  

Developed specifically to suit the needs of small businesses, MYOB LiveAccounts accounting solution brings business accounts and banking together online.  

This new online accounting solution is set to deliver great value to sole traders, start ups and smaller businesses across Australia at a very low monthly fee.  

MYOB LiveAccounts is a right-sized small business tool designed to make managing the books easier for small businesses.  

With MYOB LiveAccounts small business accounting software, it’s easy to raise invoices, keep track of expenses and manage GST.  

To lift the burden of data entry and bank reconciliation, MYOB LiveAccounts automatically imports transactions from a business’ bank account and credit cards, and is compatible with over 100 business bank accounts – including credit cards – from over 75 leading banks and financial institutions.  

For a monthly fee, MYOB LiveAccounts provides unlimited access to accounts and invoices for any number of users within a business. MYOB LiveAccounts is very easy to use, and is always available – anywhere and anytime – with a broadband internet connection.  

MYOB chief executive officer Tim Reed says MYOB LiveAccounts is designed to be simple, effective as well as affordable for Australian sole traders and start up businesses.  

“We know there are over 1 million sole traders in Australia, many of whom do battle with paper and/or Excel every BAS. Accounting software to-date has not appealed to them, possibly due to misperceptions about effort required for data-entry and complexity.  

“In developing MYOB LiveAccounts we’ve not only focused on ease of use but also affordability, pricing the solution at a level that will put an effective accounting system in reach of even the smallest Aussie business,” explains Mr Reed.  

MYOB LiveAccounts has been extensively tested with over 1300 accounts set up by businesses and accountants during the Beta testing process.  

Some of the key features of MYOB LiveAccounts include: 

  • Accounts available for use anywhere and anytime
  • Easy to use – focuses on keeping accounting simple
  • Linked bank accounts to enable secure transfer of transactions each day
  • No limits on use, users or technical support
  • Free No-Obligation 30-day trial offer for business owners

MYOB LiveAccounts is also a great development for accountants and bookkeepers. Working securely online, they can access their clients’ accounts directly, providing timely advice and information while ensuring their clients’ information is always accurate and up-to-date.

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