What’s new in AccountRight Plus ?

• Email pay slips: Ensure employees receive their payslips quickly and conveniently.
• Payroll leave management: Accurately pay, track and reporting on leave paid.
   
• Employee security changes: Secure employee pay details from those not authorised to see them.
• Itemised remittance advices and customer statements: Clarify amounts on remittance advices and customer statements.
• Calculation of State payroll tax: Allow your business to calculate state payroll tax.
• Print preview: Preview forms before they are printed or emailed.
• Spell check: Helps make client invoices more professional.
• Advanced search capability: Locate records in lists more quickly.
• Tax table warnings and change of encryption: Ensure the latest tax scales are being used.
• Prior year reporting of payroll data: Get easy access to payroll data from the previous year.
• Saving of report filters and formatting: Get a true saving of custom reports and filters.
• Invoices on statements as at statement date: Include only transactions up to and including the actual statement date on invoice statements.
• Edit customer receipts and supplier payments: Improve businesses workflow around editing receipts and payments.
• Eligible Termination Payment (ETP)summaries: Generate ETP payment summaries for terminated employees.
• STS (Simplified Tax System) to SBE (Small Business Entity): STS (Simplified Tax System will now be referred to as SBE (Small Business Entity) – this terminology change has no impact on the product usability.
• Reconciliation report for EMPDUPE and payroll data: Allow for easier reconciliation between the EMPDUPE file and payroll data.

MYOB AccountRight Plus , professional business management software helps you manage your business and payroll with ease. It’s packed with business and inventory management features to help you better manage your customer and supplier relationships. MYOB AccountRight Plus  automates your pay runs and updates all your accounts automatically. And if you bill clients for your time, it provides you with a clear view of what needs to be billed and how your employees are spending their time. MYOB AccountRight Plus  is the perfect software solution for businesses that have employees or provide professional services.

Get started fast

The Easy Setup Assistant prompts you with a series of questions that help you set up your accounts according to your business needs and get you up and running in minutes. You can then get straight into recording your business transactions, even if you aren’t familiar with accounting concepts and principles.

Handle all your employee needs

The integrated payroll in MYOB AccountRight Plus calculates and tracks PAYG withholdings; long service, annual, holiday and sick leave; superannuation; and other employee entitlements and expenses.

With MYOB AccountRight Plus  you can

Pay all your staff simultaneously with the Process Payroll assistant, which steps you through the pay run process
Process pays weekly, fortnightly, semi-monthly or monthly (set up different pay periods for different employees)
Pay your employees’ by setting a standard pay, using a timesheet or both
Provide hourly, salaried, overtime, bonus, commission and advanced payments
Print payslips and paycheques
Generate and lodge Payment Summaries electronically
Pay employees electronically into multiple bank accounts (up to three accounts)
Cater for all your employees’ superannuation needs
Import activity slip information into your employee pays
Allocate pay items to multiple jobs
Set a flat rate of tax for employees with a PAYG variation
Assign an employee category to an employee card (eg, Permanent or Temporary) Assign employment status to each employee card (eg, Full Time, Part Time, Casual or Other)
Record the reason for Termination on the employee card
Review and check employees’ pays before processing.

Through M-Powered Payments and M-Powered Superannuation services you can electronically pay your employees’ wages and make superannuation contributions straight from MYOB AccountRight Plus .

Bill for your time the way you want to

The time-billing functions in MYOB AccountRight Plus  have been designed to work exactly the way you collect and bill your time.

Track your hourly and non-hourly, chargeable and non-chargeable activities Bill by employee, customer or activity rate Partially charge, write off time or defer your billing until next month Set up records for all the activities your company provides Create activity slips that track the amount of time spent performing any activity for a client Bill clients with a specially-designed time billing invoice Allocate a GST code to all your activities Bill for time and materials on the one invoice Import time billing activity slip information into your employee pays.

Manage all your sales and purchases

MYOB AccountRight Plus  sales and purchases systems are flexible and easy to use, so you can adapt them to the way your business works. Create quotes, orders and invoices, and choose from several customisable invoice layouts. MYOB AccountRight Plus  makes it easy to schedule your recurring invoices and purchases. Just set them up once and be reminded when they’re due, or automatically have MYOB AccountRight Plus  record them for you. You can also handle complex transactions including deposits, discounts, returns, credits and adjustment notes. And, when you’re out of stock and want to order items to fulfil a sale, you can simply create a purchase order from the Sales Quote or Sales Order window.

Keep track of your inventory

Enter inventory items, record detailed descriptions and track all their movements. MYOB AccountRight Plus  offers full manufacturing build and backordering capabilities – automatic for when items run below preset stock levels. And you can easily reconcile your inventory balance at any time. You can also create instant purchase orders for backordered items – MYOB AccountRight Plus  will fill in the primary supplier and the last price paid for you. Categorise and analyse the inventory with three user-defined lists and five years of item history.

Track GST and simplify BAS reporting

Report GST on either a cash or accrual basis, and work with both GST inclusive and exclusive prices. With MYOB Accounting Plus you can:

Have your ABN automatically entered on all necessary invoices and forms
Create professional tax invoices quickly
Handle a variety of Australian-specific taxes
Generate reports showing all GST collected and paid.

The MYOB BASlink feature simplifies the completing and reporting of the BAS.

Transaction Management

MYOB AccountRight Plus  takes the pain out of pinpointing your recurring transaction details. The ‘Recurring Transaction List’ locates recurring transactions within your company file with ease by searching and filtering information by Transaction Name, Amount and Next Due. The Transaction Tax Code report filters transactions by account number. This assists with the reconciliation process by enabling you to view each transaction and its assigned account number and Tax Code. MYOB AccountRight Plus  also provides the flexibility to set specific Lock Periods by date, rather than month, for your transactions. This feature provides the security to perform bank reconciliations weekly or ensure that transactions which are recorded on a daily basis are not altered. For example, a lock period can be set in the next financial year, to facilitate end-of-year accounting. A calendar is provided to tidy up the selection screen.

Generate current and future budgets

Project and plan for the future success of your business. MYOB AccountRight Plus  quickens and simplifies the budgeting process by enabling you to plan next year’s budget while you’re still in the current year. You can now work on all your balance sheet accounts and profit & loss accounts in one window in a simple spreadsheet format. With shortcuts, you can copy actuals from last year to the current year’s budget figures, making it easier to compare actuals from year to year. And budgets can be imported and exported to and from Microsoft Excel in one simple step.

Email quotes, invoices, statements and reports

You can save on time and costs by emailing your quotes, orders, invoices and statements straight to your customers. By emailing quotes and orders directly to your suppliers, you can speed up the time taken to process it. Then when a bill has been paid or a refund made, you can inform your suppliers and customers by sending them a remittance advice via email (or print it to fax or post). Forms can be sent individually or in batches – the process is just as easy.

Design your own forms

MYOB AccountRight Plus  makes it easy to design your own quotes, invoices, statements and other forms that you use in your business. Add colour, images, logos, background images and other design elements to create forms that are consistent with your business image and allow you to present a professional image.

Access contact information instantly

Store your entire customer, supplier, employee and personal contact information in the easy-to-access Card File. With MYOB AccountRight Plus  you can:

Synchronise your MYOB Card File with your Microsoft Outlook contacts
Store up to five addresses and five contacts per card
Categorise contacts into three groups.
Search by individual, company, postcode range, last contact date and more
Maintain a detailed contact log
View a five-year snapshot of your customer or supplier history
Zoom in on a customer’s balance for an instant Accounts Receivable report
Import and export contact logs and customer lists.

Analyse your business in more than 200 ways

Make informed business decisions based on accurate and detailed information.

Over 200 flexible reports and charts
Assess up-to-date Profit and Loss Statements and Balance Sheets
Produce comprehensive reports and send to Microsoft® Excel for further analysis
Email or save reports to disk for your accountant
Use the Company Data Auditor to detect common processing errors and to ensure the integrity of your business information.

Undo bank reconciliation

Sometimes when working with company files, the last bank reconciliation performed on the file needs to be undone in order to make corrections or adjustments to the business information. The undo bank account reconciliation feature in MYOB AccountRight Plus  enables clients to easily undo the last bank reconciliation performed on the account. Password protection prevents bank reconciliations from being ‘undone’ in error.

Connect with Microsoft Office

MYOB AccountRight Plus  seamlessly connects to Microsoft Office, the world’s most popular office products, and helps to keep your contacts up to date with ease by synchronising your MYOB Card File with your Microsoft Outlook contacts. Create personalised letters for customer-focused marketing and communication with Microsoft Word and send your reports to Microsoft Excel for refined data analysis.

Streamline your everyday business processes with MYOB M-Powered® Services

MYOB M-Powered® Services are a range of services that simplify common business processes. They boost your business efficiency by automating the flow of information and funds between your business and the many people and organisations you deal with.

Get paid faster by adding BPAY® and other popular payment methods to your invoices
Make superannuation contributions electronically
Estimate and save for your short-term tax obligations
Pay suppliers and employees electronically direct from MYOB AccountRight Plus
Receive electronic bank statements and automatically reconcile your accounts.

Minimum System Requirements

Installation

Windows® 2000 (service pack 4), Windows XP (service pack 2), Windows Vista
200MHz Intel Pentium® processor (or equivalent) with 64MB RAM
200MB of Hard disk space
16-bit colour, 1024x768 screen resolution
CD-Rom Drive
Windows-compatible printer
Windows-compatible mouse or pointing device

Some features require

Internet access
Microsoft Internet Explorer 5.5
QuickTime®
Card synchronisation requires Microsoft Outlook 2000 to 2007
Adobe® Acrobat Reader v4 or higher

Microsoft Office connection requires

Microsoft Word 2000 to 2007
Microsoft Excel 2000 to 2007