The MYOB Essentials Blog - Page 2

Having a proof of purchase document against transactions isn’t just handy, it’s important for compliance. In Essentials, you can now attach files against Spend money transactions. Plus, you can link your Spend money attachments to your Bank transactions. 

April is just around the corner. Get a head start by setting up payday filing now.

Ever tried paying 10 employees (all on different hourly rates) weekend rates? How about Leave loading? Overtime? Starting to feel stressed just thinking about it? You’d calculate the rate, create a new pay item for each employee and make sure you assigned them to the right employee, the right rate for the right hours. It was manual. It was too easy to make a mistake. Well, read on… because our new base multiplier is going to make this a thing of the past.

The new cash flow report is an important tool for monitoring how your cash position has changed over time. How much profit did you earn, and where was your cash spent?

We've sorted some of your pay items for you, making it easier to see what you’ve got, pay employees and get on with your day.

We’ve cut out the middle man with our latest update to the In tray.

MYOB Essentials is now STP ready. As soon as you’re ready, you can set up Single Touch Payroll reporting. Don’t stress if you’re not quite ready, if you’re using Essentials you have until 31 December 2018 to start reporting.

This update adds headers to your accounts list, allowing you to group your accounts for more detailed reporting. And quantities can now be captured against transactions - great for rural or farming businesses. Finally, we've fixed the GST reporting on transactions with both income and expense. Phew! Let's dive in.

Choose what description appears on payslips for each pay item (earning and deduction).

New Zealand provisional tax just got a whole lot easier for you and your business with this new ‘pay as you go’ option.