I am new to this space sorry for my ignorance.
Before I sign up for MYOB i am keen to know will MYOB keep track of personal finances and Business finances?
If so, I am a sole trader at present and will most likely transition to a company at some stage. what is the best version of MYOB to use?
Hi 1ServicesTLC
How inspiring opening up your new business. I recommend you contact a MYOB Partner to help you select the best product, set up the file, and train you. I am a MYOB Partner and BAS agent if you want to reach out my website is in my profile
A Sole Trader can include Personal and Business Finances in the one MYOB file.
This may incur further expense with the Tax Accountant.
I often ask Business Owners to prepare a Family/Personal Budget.
There are many Spreadsheets available.
A Company should not include Personal and Business Expenses in the one MYOB file.
Where a Director has complex financial affairs, a separate MYOB file is required.
Duncan
