News

What do Facebook, Paypal and Xero online accounting software have in common?

Jamie Sutherland

I hope you enjoyed the first of hundreds of new videos that we will be creating and releasing from now and over the Australian summer as part of our bookkeeping academy. Whether you plan to start your own bookkeeping business or find a job in the accounts department, these new skills will help keep your knowledge current and up-to-date.

You may have noticed that we’ve mentioned quite a bit about Xero lately and while we are at it, we thought we’d share with you some information we discovered about the company and more specifically who is buying shares in the company.

If you are thinking, why should I give a damn about who own it let me share my thoughts:

  1. The MYOB co-founder Craig Winkler is a major shareholder
  2. Xero has customers in over 100 countries (it’s global)
  3. Some of the most successful online investors are investing in Xero
  4. The online accounting market is very different to the desktop accounting market
  5. Many of your potential customers might start a conversation about Xero

So, even if you are just having a conversation with colleagues or customers and want to demonstrate your depth of knowledge about accounting software, this information about Xero is very interesting.

MYOB is still the number one accounting software in Australia and they too have an online accounting program, but it’s good to have a deeper understanding of the bookkeeping landscape.

Remember, when you enrol into our MYOB Training Courses, it doesn’t matter if you are in Sydney, Melbourne or Brisbane or any other suburb in Australia for that matter, you can access our online MYOB training courses for life!

Steve Slisar

Steve Slisar has been training people how to use computers since 1994, opened a training centre in 1999 in Dee Why and by 2005 had 3 training centres and created over 35 individual courses that include Screen videos with audio commentary, training workbooks for those who prefer to read to learn, and exercise files that are used with the tasks in the workbooks so you get practical experience in the software you are trying to learn. Now the creator of 5 of the most popular online MYOB training courses in Australia.

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