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MYOB is better than Xero Payroll for some things

Aussie Timesheets is a Xero Bookkeeping Connected App - MYOB and Xero Courses Online - enrol now, learn fast - EzyLearn

All the marketing messages I hear is how much better Xero is than MYOB but that isn’t always the case.

MYOB and QuickBooks both had more in-build inventory features than Xero but Xero has always promoted their integrations to fill gaps in their core software. I wrote about this several times:

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The Integrations for Xero Courses reveals some of the powerful features that other companies do better than the accounting software companies!

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Hairdressing Salon Case Study for Payroll Course using Xero and MYOB

Start a hairdressing business as a hair stylist by renting a chair per day at a salon - Dee at Arndell Blacktown can help - Online Xero Courses for Payroll

Hairdressing salons are all about people, scheduling and gossip. They are located all over the world and are a fascinating place to watch. I had my hair cut the other day by a recently graduated hair dresser and she did a fantastic job with the cut and the conversation.

Hair dressing salons are a simple business insofar as renting a shop, putting in comfy chairs and mirrors and washing bays and then matching a customer with a hair dresser. The biggest issue is scheduling the right number of hair dressers to match the demand from customers, particularly if there are lots of drop ins.

Trim and Styles Hairdressing was using an Excel spreadsheet to manage their staff but now they’re using Xero and here’s why.

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US Xero Competitor Missed $40M in Pay Cheques

US Xero payroll competitor Patriot Offers Advanced Payroll Features - Online Bookkeeping Courses - EzyLearn

This is a tough time for accounting software firms because they’re competing head-to head for new clients at the end of the financial year. Some are offering $1/month for 6 months (like BillCue), 50% discounts, 12 month low monthly rates etc.

The competition is so fierce between accounting software companies that most of them promote what they see as the biggest difference and reason to change.

I was surprised to discover the Xero even compared themselves to Hnry (the full service accounting software, accountant and payment service) at their own website. The more research I do the more comparisons I find at most software company websites.

Some of these software companies are startups with nowhere near the cash of market leaders like Xero & QuickBooks and one of the US based accounting software companies wasn’t able to process $40M in payroll payments in March 2023.

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1$ per month alternative to Xero just for invoices and daily transactions

If you are looking for computerised, online accounting software now is a great time. Just doing a Google search for comparisons between MYOB and Xero will reveal a flurry of ads to capture your attention.

Many micro businesses with one main worker/contractor etc just want to keep track of quotes, invoices, purchases and payments and there are some pretty cheap options available – cue… BillCue.

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Match these Office Admin & Accounts jobs with the courses to help you get them

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Someone made contact with us to find out which data entry and office admin courses they need to do to get a job using MYOB. It’s logical to want to know which courses will give you the skills for specific jobs so we put these guides together.

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Employment Hero offers $100 if you’ll demo their software

Get $100 Invitation email for attending a demo of Employment Hero - Workforce Management Training Courses

A popular and well funded HR and Payroll software company, which is backed by Seek (yes, the employment site) is offering 100 to “qualified” businesses who agree to participate in a demonstration of their software.

This is an example of what companies need to do today to get in front of their prospects in business to business selling. This company is trying quickly and this tactic reminds me of the kind of marketing tactics that PayPal used to massively grow their user base. It looks like the kind of strategy that Peter Thiel writes about in his book Zero to One.

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QuickBooks Payroll brand is changing to Employment Hero

Employment Hero owns KeyPay - workforce management training courses and employee benefits, loyalty and team building - EzyLearn

Intuit revealed the name change to their QuickBooks Payroll customers today as part of an acquisition of KeyPay owner by Employment Hero.

If all that didn’t make sense the only real change here is that KeyPay will be rebranded as Employment Hero. Employment Hero has been around since 2014 and purchased KeyPay owner, Webscale Pty Ltd in 2021.

The messy part of this from my perspective is that Intuit, who owns Tsheets is now depending on Employment Here for their payroll solution. It also means that we now have an Employment Hero training course 🙂

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Deputy, KeyPay, Square Teams, QuickBooks Time Training Course NOW Available

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These are the market leading workforce management integrations for rostering, scheduling and time and attendance monitoring. Deputy was one of the first but the major accounting software companies are now snapping them up.

The most interesting story here has been KeyPay. I’ve loved the fact that Intuit partnered with the Australian company KeyPay to provide all of the local Australian payroll functionality in their QuickBooks Online software. Tsheets would also have been in this list but you know what happened to them..

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Payroll Training Courses have been updated again – STP Phase 2 updates

11 STP 2 Portal Step 2 - updated Xero Payroll Training Course - cropped

It’s been an interesting year for employers as they grapple with the changes to Single Touch Payroll. Even the major software companies (Xero springs to mind) have taken longer than expected to implement changes.

I was speaking with a cafe/restaurant owner in the Central Coast recently who was trying to implement Deputy (for staff roster and scheduling) with Xero and was having trouble with the STP Phase 2 component. She mentioned that the issue appeared to be with Deputy but I did some research using ChatGPT and this is what the Artificial Intelligence software told me!

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Payroll Training Course: Employee changes are being tracked

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Xero led the way in online cloud accounting software that enables anyone to access their accounting software from anywhere. This means that small business owners, staff and their bookkeeping advisors can all access different parts of the software at anytime to perform their work. A far cry from the clunky way that MYOB AccountRight managed multiple users in an office environment a decade ago.

This amazing flexibility enables contract bookkeepers to perform credit control and end of month bank reconciliation tasks working from home, will office support staff are working on quotes, invoices and payments to suppliers. All of these transactions can add up very quickly and soon you can have hundreds of transactions. What if you had to find something, fix something that was entered incorrectly? That’s when you need an audit trail.

Xero just announced Payroll History and it’s designed to keep track of what happens with your payroll records.

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Pick and Choose from Ideal Bookkeeping & Office Admin Jobs Everyday via Email

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There are dozens of new office admin & bookkeeping job ads EVERY day, even for remote workers! Find out how to get them via email

When you’re serious about finding a good office administration or bookkeeping job it pays to have alerts set up on the most popular job search sites. Job alerts save you a lot of time by not having to manually search the same criteria each day, and ensure that you automatically receive email notifications as soon as new jobs become available.

Job alerts also allow you to find out what employers are looking for right now and which tasks they need their job seekers to perform.

With this information you can refine your searches even further to find the jobs most suited to your skills and experience, and then use the criteria to match skills in your resumé and job applications.

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Planday for Xero or Square Team Management: Which Should Your Business Use?

Physical timesheets and all the manual data entry of employee scheduling is a hassle.  Even with technology like email and text, it’s always a task to try and figure out who swapped shifts with who and coordinate a schedule that works for all your employees.

Workforce management software like Planday and Square Team Management have become popular alternatives.  Planday is now owned by Xero, and Square Team Management is a service offered by digital payment company Block Inc. (formerly known as Square Inc.)

But which one should your business use? Let’s go through some of the main features you’d expect of a workforce management software, and see how Planday and Square Team Management compare:

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Payroll Training Course Integrations: Square Payroll versus Xero?

Now that paying by card is the norm, retailers have needed to adapt to the cashless customer.  If you’ve been to some local markets recently, maybe a sporting club canteen or even your regular café, you may have noticed that you’re tapping your card on a little white square instead of an EFTPOS machine.

Block Inc. – previously known as Square Inc – is a point-of-sale (POS) system winning over retailers and enterprises across the world.  And it’s not just little white payment terminals, Square offers a range of technology and services that range from POS to payroll to inventory to marketing, AND, they recently purchased AfterPay!

Square integrates with Xero, and considering its popularity, let’s break down what Square is and how it compares to other Xero integrations like Planday.

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STP Phase 2 Training Added to Xero Payroll Course – Learn ALL Payroll Courses Across Multiple Software in Advanced Certificate in Payroll Administration

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EzyLearn had added Single Touch Payroll (STP) Phase 2 Training to our Xero Payroll Administration Training Course.

As Xero continues to be one of the leading accounting program for Aussie small businesses, we’ve been updating our courses to stay up to date with changes.  We’ve also recently added Xero My Payroll content to this course.

The Australian government launched STP in 2016, where employers with over 9 employees must report their payroll information for each pay run to the ATO.  When the ATO introduced STP Phase 2 earlier this year, some of the reporting obligations changed.

Here’s what you need to know about STP Phase 2 reporting in Xero, and how EzyLearn’s got you covered with the training.

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Engaging a New Worker? Here Are The Things You Need To Do, particularly if you’re classified by the ATO as a withholder:

There’s lots to do when businesses engage a new worker.  As an employer, you’ll be busy going through the onboarding process and showing your new employee the ropes, but there are other important things to do when you add a new member to your team.

Keeping accurate records complete with the right information is essential for businesses to maintain, and that means updating and adding data when engaging a new worker.  Here are some things to keep in mind as you go through this process:

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