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Know the features of MYOB

Some of the small business owners wonder about the use of myob. Perhaps you already hear a few things about this accounting program but aren’t sure about making the purchase myob . So, do you really want to invest in mind your own business software? MYOB is designed to help business owners or companies facilitate the process of recording activities related to finance. The following are some features you will find when having quality mind your own business program.

1. Accounts

This will often be used by the Accounting section. Some features provided are the Account List, which is used to control the company, usually, companies have set a target of a certain amount called the budget, then the Account List is used to create the budget amount of an Account in a future period. The second is the Journal Entry, to be able to fill this form correctly we must separate the Account that comes next to Debit or Credit.

2. Banking

This is a transaction associated with the bank or Cash. Some of the features provided are Spend Money, which is a transaction that is spending money for business purposes. Transactions recorded in this menu are like buying ATK equipment, paying business expenses or expenses, depositing cash into the bank or issuing checks from banks for internal and external interests. The second Receive Money, which is the opposite of Spend Money, is used to record the type of cash or bank transactions other than the customer.

3. Sales

This feature is the process of the occurrence of sales and scope of the sales process and reports that can be analyzed and presented related to sales and accounts receivable.

4. Time Billing

Its function is almost the same as sales. Some of the features provided are activities list, Slip activity enter, activity log, and report time billing.

5. Purchase

Some features provided are Purchase Quote, useful for making an application for the purchase of an item. Yng second Purchase Quote. The third is the bill; the activities of entering the bill received from the company’s debt supplier. The fourth Pay Bill, the transaction in the payment of debt.

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