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What is MYOB?

MYOB Business is a comprehensive cloud-based software solution designed to improve the financial and operational capabilities of small to medium-sized enterprises (SMEs). This platform includes a wide range of features such as invoicing, expense tracking, payroll management, inventory control, and adherence to tax compliance. With its real-time financial reporting and user-friendly dashboards, MYOB Business provides business owners with essential insights needed for informed decision-making. The software also supports seamless integration with various banking platforms, payment gateways, and other business tools, which enhances automation and reduces manual tasks. Known for its flexibility, MYOB Business adapts to the changing demands of growing companies by offering diverse pricing models and customizable features suited for different industries. Additionally, its intuitive interface allows even users with minimal accounting knowledge to navigate the system effectively, ensuring accessibility for a broad range of users. This combination of functionality and ease of use makes MYOB Business a valuable resource for enterprises looking to thrive in a competitive environment.

What is ABSS Accounting?

Previously known as MYOB South Asia, ABSS Accounting prioritizes user-friendliness by avoiding complicated accounting jargon. Its award-winning design streamlines financial management through automation, making it easy to monitor all accounting data. The software enhances bookkeeping with features such as a contact log, reminders, task lists, dedicated command centers for sales and banking, a company file auditor, job tracking, and customizable recurring transactions, along with upgraded email functionalities. Users can produce a wide range of reports that can be exported to Excel, sent via email or fax, and saved in various formats like PDF, HTML, CSV, or text, which includes cash flow reports and detailed customer invoices. In addition, it offers robust inventory management capabilities, providing real-time insights to manage stock levels, track sales and back orders, and automatically create inventory based on current stock. Moreover, the software improves the sales process by allowing users to customize invoices and credit notes and by facilitating the creation of quotes and purchase orders, which simplifies the entire transaction workflow. This all-encompassing solution empowers businesses to handle their finances proficiently, ultimately allowing them to dedicate more time to enhancing growth and ensuring customer satisfaction. With its user-centric features, ABSS Accounting stands out as a valuable tool for any business seeking to optimize its financial operations.

Media

Media

Integrations Supported

12d Synergy
Codeless Platforms BPA Platform
Datagate Telecom Billing
Ento
Findmyshift
Happy HR
JobBOSS²
MIE Trak Pro
Microsoft Excel
ONE Collect
Opmetrix
Perenso Field Sales
Phocas Software
Restoke
SmartFreight
Tanda
Timecloud
Tradify
Uptick
WorkflowMax

Integrations Supported

12d Synergy
Codeless Platforms BPA Platform
Datagate Telecom Billing
Ento
Findmyshift
Happy HR
JobBOSS²
MIE Trak Pro
Microsoft Excel
ONE Collect
Opmetrix
Perenso Field Sales
Phocas Software
Restoke
SmartFreight
Tanda
Timecloud
Tradify
Uptick
WorkflowMax

API Availability

Has API

API Availability

Has API

Pricing Information

$11/month
Free Trial Offered?
Free Version

Pricing Information

$469 per license
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

MYOB

Date Founded

1991

Company Location

Australia

Company Website

www.myob.com/au/products/myob-business

Company Facts

Organization Name

ABSS

Date Founded

1990

Company Location

Malaysia

Company Website

int.abssasia.com/abss-accounting

Categories and Features

Accounting

Accounts Payable
Accounts Receivable
Bank Reconciliation
Billing & Invoicing
CPA Firms
Cash Management
Cryptocurrency Support
Expense Tracking
Fixed Asset Management
Fund Accounting
General Ledger
Government
Multi-Currency
Nonprofits
Payroll Management
Project Accounting
Purchase Orders
Tax Management

Accounts Receivable

ACH Payment Processing
Billing & Invoicing
Check Processing
Collections Management
Online Payment Processing
Overpayment Processing
Partial Payments
Receivables Ledger
Recurring Billing

Auto Dealer Accounting

Buy-Here-Pay-Here
Collections Management
Expense Management
Financing Management
Inventory Management
Lease-Here-Pay-Here
Parts Management
Payroll Management
Recurring Billing
Sales Management
Sales Tax Management
Service Department

Billing and Invoicing

Billing Portal
Contact Database
Contingency Billing
Customer Portal
Customizable Invoices
Dunning Management
Hourly Billing
Invoice History
Mobile Payments
Multi-Currency
Online Invoicing
Online Payments
Payment Processing
Project Billing
Recurring/Subscription Billing
Service Ticket Billing
Tax Calculator

Bookkeeping

Accounts Payable
Accounts Receivable
Bank Reconciliation
Billing & Invoicing
Cash Management
Collections
Expense Tracking
Fixed Asset Management
General Ledger
Payroll
Revenue Recognition
Spend Management
Tax Management

Budgeting

"What If" Scenarios
Asset Planning
Balance Sheet
Capital Asset Planning
Cash Management
Consolidation / Roll-Up
Forecasting
General Ledger
Income Statements
Multi-Company
Multi-Department / Project
Profit / Loss Statement
Project Budgeting
Run Rate Tracking
Version Control

Business Performance Management

Ad Hoc Reports
Ad hoc Analysis
Budgeting & Forecasting
Consolidation / Roll-Up
Dashboard
Key Performance Indicators
Predictive Analytics
Qualitative Analysis
Quantitative Analysis
Scorecarding
Strategic Planning

Church Accounting

Accounts Payable
Accounts Receivable
Asset Management
Bank Reconciliation
Budgeting & Forecasting
Donation Management
Fund Accounting
General Ledger
Payroll Management

Construction Accounting

Accounts Payable
Accounts Receivable
Billing & Invoicing
Budgeting & Forecasting
Cash Management
Construction Breakdowns
General Ledger
Job Costing
Overrun Projections
Payroll Management
Purchase Order Management
Quotes / Estimates

Fund Accounting

Accounts Payable
Accounts Receivable
Activity Tracking
Asset Management
Bank Reconciliation
Budgeting & Forecasting
Compliance Management
Donor Management
General Ledger
Partnership Accounting
Purchasing & Receiving

Payroll

401(k) Tracking
Attendance Management
Benefits Management
Check Printing
Compensation Management
Deductions Management
Direct Deposit
Multi-Country
Multi-State
Reporting/Analytics
Self Service Portal
Tax Compliance
Vacation / Leave Tracking
W-2 and 1099 Preparation
Wage Garnishment

School Accounting

Accounts Payable
Attendance Management
Billing & Invoicing
Budgeting & Forecasting
Class Loading
Fixed Asset Management
For Private Schools
Fund Accounting
General Ledger
K-12
Payroll Management
Purchasing

Time and Expense

Activity Tracking
Billable Hours Tracking
Billing Rate Management
Expense Tracking
Invoice Processing
Multiple Billing Rates
Project Tracking
Reimbursement Management
Time Tracking by Client
Time Tracking by Project

Trust Accounting

Accrual Accounting
Activity Tracking
Asset Gain & Loss Reporting
Check Writing
Compliance Management
Cross Ledger Posting
Customer Statements
Fee Calculation & Posting
Receipt Management
Tax Management

Categories and Features

Accounting

Accounts Payable
Accounts Receivable
Bank Reconciliation
Billing & Invoicing
CPA Firms
Cash Management
Cryptocurrency Support
Expense Tracking
Fixed Asset Management
Fund Accounting
General Ledger
Government
Multi-Currency
Nonprofits
Payroll Management
Project Accounting
Purchase Orders
Tax Management

Inventory Management

Alerts/Notifications
Barcoding / RFID
Forecasting
Inventory Optimization
Kitting
Manufacturing Inventory Management
Mobile Access
Multi-Channel Management
Product Identification
Reorder Management
Reporting/Analytics
Retail Inventory Management
Supplier Management
Warehouse Management

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