Things are moving fast in the software industry as Intuit (QuickBooks), MYOB and Xero compete with each other with regular software updates. It has become so fierce that many students are enrolling into our Bookkeeping Academy Combination courses.

The key frontiers are still

  • automated data entry from bank feeds,
  • capturing receipts and extracting data,
  • faster reconciliation and
  • automatic calculations of taxes owed.

These are some of the features promoted by NAB Bookkeeper for NAB Business banking customers but what is MYOB’s huge announcement?

MYOB announced a new vertical navigation system and are renaming what things are called… Seriously, is that it?

With all the features and tools you can focus on this is it?

Won’t that make things even more confusing for MYOB clients who have to relearn how to use their software all over again!? They’ve got enough to deal with understanding whether they are using MYOB AccountRight or MYOB Business (which was MYOB Essentials)!

The good news for EzyLearn students is that we are already creating a guide so you know how to navigate the software with the FREE MYOB Trials you can use during your course.

Here are some of the name changes:

Old nameNew name
Create invoice paymentRecord invoice payment
Create supplier paymentRecord supplier payment
Manage bank feedsManage bank accounts
Allocate transactionsCategorise transaction
Chart of AccountCategories (Chart of Accounts)
Account codeCategory code
Account nameCategory name
Account NumberCode
AllocateCategorise
Manage linked accountsManage linked categories
In trayUploads
InventoryProducts and services
Customer returnsSales returns and credits
Supplier returnsPurchase returns and debits
Prepare electronic payments (in payroll menu)Prepare wage payments
Categories reports (AccountRight desktop only)Cost centre reports
Categories (AccountRight desktop only)Cost centres

Powerful menu feature

Why is MYOB making these changes

The simple answer seems to be that they think it is better to have software that is easier to use, particularly on a mobile device.

Finally, do you get to choose which interface you want to use?

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.

Recent Posts

Top 5 Things Small Businesses Must Do Before June 30 to Get Their EOFY Accounting in Order

As the end of the financial year (EOFY) approaches in Australia, small business owners need…

2 weeks ago

How EzyLearn Gets Xero Skills Into Your Brain (So They Stick!)

[A casual chat between two friends – Sam, a job seeker wanting to upskill, and…

2 weeks ago

Mastering Xero with EzyLearn: Building Confidence Through Practical Learning

In today's digital landscape, proficiency in cloud-based accounting software like Xero is essential for professionals…

3 weeks ago

Xero gives itself a 90% high distinction – users disagree

Have you seen the recent ads promotion 90+ % approval from their customers? The claims…

1 month ago

Intuit QuickBooks Course updates coming – features and navigation changes

Intuit is hunting for ways of helping their software become more relevant to Australian small…

1 month ago

Another price increase from Xero – 4 straight years of price increases sends social media mad?

It's interesting how negative the sentiment is on Linkedin and Facebook when you start seeing…

2 months ago