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Why are there More Expense Tracking Apps for Xero than MYOB?

accounting-apps-that-link-with-xero-and-quickbooks

Less complicated accounting software, like Xero, connects better with mobile apps

accounting-apps-that-link-with-xero-and-quickbooks
The robust nature of MYOB can make it harder to link with mobile apps that track your expenses and cash flow and the like.

WE RECENTLY PUBLISHED A blog examining the different expense tracking apps you can connect with Xero, MYOB and QuickBooks, but during our research it became clear that most expense apps integrate with Xero or QuickBooks, but not MYOB.

That’s not to say there are no expense apps that integrate with MYOB. There are. Receipt Bank is one, Squirrel Street is another, and there are probably a lot more on the MYOB marketplace (or add-ons page). Probably the best expense tracking application we found is ExpenseManager, and it only integrates with MYOB.

Continue reading Why are there More Expense Tracking Apps for Xero than MYOB?
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Amazing NEW Update from MYOB

New MYOB training course navigation features in 2024

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?

Continue reading Amazing NEW Update from MYOB
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Thriday slyps past Xero directly to NAB Bookkeeper trial

NAB Bookkeeper uses Thriday to Fight Xero for tax obligations and reconciling

The one thing I’ve found fascinating in accounting and bookkeeping is watching technology companies try to win clients. I’m not just talking about the special offers, features and pricing but how they use technology to make bookkeeping seamless – to replace some of the bookkeeping tasks!

The most recent event I’ve witnessed is NAB bookkeeper service that has a six month free trial and is $20 per month thereafter. 

NAB, CBA, ANZ and WBC Slyp under Xero to provide smart receipts before Hubdoc gets them - Learn MYOB, Xero, QuickBooks to find accounts jobs - EzyLearn

When you read the fine print it is revealed that Thriday is the technology behind NAB bookkeeper. After a bit more research I discovered that they want to capture a massive part of the micro and small business market by reducing the business administration tasks.

I’ve written in the past about how NAB use Slyp for for smart repeats and this is another example of a technology investment aimed at helping small business owners replace the cost of accounting software and even having to have a bookkeeper. 

Friday is a service that uses technology to combine data entry from transactions with your actual bank account. One of the biggest challenges for small businesses it’s all the data entry involved to reconcile their accounting software like MYOB and Xero to the actual bank statement.

This represents the majority of bookkeeping jobs and can be learnt in our Beginners Certificate in MYOB and Xero.

We are a long way from the majority of businesses using Thriday, Hnry and services like Slyp but with their laser focus to help to eliminate the data entry and time wasting admin tasks and inaccuracies it is good to be aware of these companies and their technology.

The big question now for companies like Xero is can they continue to increase the monthly cost of their subscriptions when services like NAB bookkeeper a targeting the time costs inaccuracies of doing your bookkeeping. 

Perhaps in the future bookkeepers will have to focus on customer service, sales and more of office administration type tasks as well as simply reviewing the data and financial reports and information that are created automatically by services like NAB Bookkeeper.

Is this how artificial intelligence will replace manual labour by Australian bookkeepers 

Remote Contractor

Remote Contractors and Virtual Assistants run their own online business doing office admin and business admin services LOGO

Earn an Income Working From Home

EzyLearn is an established and leading brand in the short course and vocational training sectors in Australia. We focus on teaching students how to use software to

  • find jobs,
  • be more productive in their current jobs,
  • start a business and
  • use technology to manage their business better

Partner with EzyLearn to start your own online business as a bookkeeping tutor and teach clients how to use MYOB & Xero as well as Microsoft Office.

As an Online Only training company we specialise in online training courses and support so when you come on board as a tutor you get access to all training and support resources from a support team that use the latest digital technology and tools.

Digital Marketing is a function of our organisation that is integrated into our customer service and support services so when you join you get plugged into the marketing story and get introduced to potentially thousands of new clients.

Your Brand, reputation & digital profile

Bella speaking about the Career Academy Course Refresher access for Xero Bookkeeping Course students - EzyLearnLeverage our brand, group marketing and educational content and support with your own personal knowledge and experiences and you have a solid, inexpensive foundation to earn an income working remotely, from home.

As part of your joining fee we’ll create a digital profile and send interested traffic to this site to help you get discovered by potential clients.

Exclusive Leads in your area

Remote Contractors and Virtual Assistants run their own online business doing office admin and business admin services ICONAs a Remote Contractor you’ll receive leads for bookkeeping and office administration services from your area.

These leads can result in ongoing work with your very own clients and as a licencee you benefit by only paying an annual licence fee instead of a percentage of every dollar you earn with some franchise systems.

Customer Service and Sales Training

Advanced-Certificate-in-Business-Administration-Training-Course-Finding-and-Getting-Your-Ideal-ClientsYou’ll receive training about how to create compelling ads for marketing campaigns that will attract clients.

When clients call you will be equipped with questions and suggestions to identify good clients and guide them towards becoming your client.

You’ll also learn how to help customers who are not ideal and be able to refer them to other team members in your referral network.

Earn $35-$80 per hour

As an EzyLearn Tutor partner you can add extra income to your bookkeeping or virtual assistant business and earn $50 ph teaching clients how to use software for business purposes.

Ongoing Support

Xero, MYOB & Quickbooks Online are accounting programs in the cloud and because they are now based on a subscription model they are constantly updated and the updates are pushed out live.

Not only do you receive ongoing online course access as an affiliate but you also receive ongoing knowledge support of the training materials and new content we create.

As a member you receive ongoing support from our team on all the course contents you’ve already enrolled into as long as you are a member.

Learn more about how Ezylearn courses work and how your learning is supported

Ask questions on topics that are NOT included in the courses

EzyLearn ANSWERS is a program that guides our training content development based on the needs of our students and tutors. Student members use Ezylearn training courses for lots of different reasons, including:

  • employees to upskill and fill out gaps in their knowledge for their current jobs,
  • job seekers to increase their confidence to apply for and get jobs,
  • corporate managers to ensure their staff are using productive features of the software
  • business owners who want their staff to have a solid understanding of how to use their business software

Our courses are designed based on real world scenarios and the questions we receive via EzyLearn ANSWERS helps us constantly improve.

Learn more about EzyLearn ANSWERS

Earn a Passive Online Income

The EzyLearn affiliate program is a way to earn a secondary source of income by mentioning EzyLearn courses in your social media feed and through your own low cost online mentions.

Used by some of the largest digital organisations in the world affiliate marketing enables you to cheaply start an online business leveraging the existing brand and marketing of an established business.

Learn more about EzyLearn’s Affiliate Program.

Skills Training and Practical Projects

  • Accounting & Bookkeeping Fundamentals
  • Managing Accounts Payable, Accounts Receivable
  • General Journal & Adjusting Entries
  • General Ledger & Trial Balance
  • Depreciation
  • Reports & Financial Statements
  • Accounting with MYOB Essentials
  • Accounting with MYOB AccountRight (Windows)
  • Beginner to Advanced Xero Accounting
  • Understanding GST
  • Fundamentals of Payroll
  • Advanced Payroll Administration
  • Microsoft Word Beginners
  • Microsoft Excel Beginners
  • Budgeting, Forecasting and Cashflow Management

 

Office Administration Courses

Data Entry & Microsoft Office (included)

Master the fundamentals of office administration tasks using Microsoft Office Word (word processing) and Excel (spreadsheets).

Topics include:

  • Understanding and navigating around the software programs & default Settings
  • Microsoft Word font & paragraph typing,
  • Microsoft Word editing data and formatting,
  • Microsoft Excel open sample data files, navigate and understand data entry
  • Microsoft Excel creating brand new files using data entry and editing spreadsheets
  • Microsoft Excel formulas, functions and formatting

Data Entry course

Data Entry & Microsoft Office Beginners Training Course

  • Microsoft Word Beginners: The screen, non-printing text, editing characters
  • Microsoft Word Beginners: Saving, Selecting and formatting
  • Microsoft Word Beginners: Page, character and paragraph formatting
  • Microsoft Word Beginners: Borders, shading and bullets
  • Microsoft Excel Beginners: Selecting, editing and resizing cells & columns
  • Microsoft Excel Beginners: Database structures
  • Microsoft Excel Beginners: Formulas and functions introduction
  • Microsoft Excel Beginners: Formatting and autoformats

Data Entry & Microsoft Office Beginners Training Course

Office Support & Administration using Microsoft Office

  • Microsoft Word Intermediate: Tabs and Tables that Structure Data
  • Microsoft Word Intermediate: Headers/Footers, templates and page breaks
  • Microsoft Word Intermediate: Customising screen, toolbars/ribbons
  • Microsoft Word Intermediate: Symbols, clipart and images
  • Microsoft Word Intermediate: Drawing and Graphics
  • Microsoft Excel Intermediate: Complex views & printing
  • Microsoft Excel Intermediate: Charts & Graphs
  • Microsoft Excel Intermediate: Functions and Cell Referencing
  • Microsoft PowerPoint: Create and Edit Presentations
  • Microsoft PowerPoint: Design templates and complex formatting
  • Microsoft Outlook: Email and Meetings
  • Microsoft Outlook: Invitations and time management
  • Microsoft Outlook: Customer Relationship Management and tasks

Office Support & Administration using Microsoft Office training course package

Advanced Office Certificate Training Course

  • Advanced Certificate Microsoft Word: Working with Databases
  • Advanced Certificate Microsoft Word: Using Microsoft Word for Complex documents
  • Advanced Certificate Microsoft Word: Using Microsoft Word for Corporate Style & Navigation in documents
  • Advanced Certificate Microsoft Excel: Databases, filter/sort and Named Ranges
  • Advanced Certificate Microsoft Excel: Advanced Formulas, Protecting Cells & Pivot tables and Charts
  • Advanced Certificate Microsoft Excel: Goals, Forecasting, Data Consolidation

See more detail about what is included in the Advanced Office Admin Certificate Courses

Industry Connect for Virtual Assistant Training

The case study in this training package is for a real estate agents office. You’ll use your Office Administration skills to create an advanced Excel spreadsheet with financial forecasts, depreciation etc and then combine marketing collateral and images to present that information in a Proposal using Microsoft Word and a Presentation that you’ll deliver to our course assessors using Zoom.

    • Elevation-Drawing-Dual-Key-Property-Investment-Newcastle-Hunter-Central-Coast-3-bed-x-2-bath-EzyEstatePublish a Presentation
    • Use Outlook to manage weekly goals
    • Use Outlook to assign tasks
    • Collaborate on a document
    • Use cloud based storage like Dropbox and One Drive to maintain backups, annotations and version control
    • Use Zoom to make a presentation to colleagues
    • Use Excel to decide on the best financial investment

 

Business Administration and Bookkeeping Courses

You’ll receive access to training in either MYOB AccountRight, Business Pro (Online version), Xero or QuickBooks Online to cover all the topics needed in a micro business as well as most small to medium businesses.

Beginners Bookkeeping Certificate Training Courses

Learn about bookkeeping

  • data entry,
  • quoting,
  • invoicing,
  • purchases,
  • receipts,
  • payments,
  • bank feeds,
  • bank reconciliation and
  • journal entries.

 

Advanced Bookkeeping Certificate Training Courses

Learn about advanced bookkeeping and accounting tasks, including:

  • GST and BAS
  • Reporting,
  • Payroll Administration.

 

Website and Digital Marketing Course

Creating a website is simple and cheap and a great way to get discovered online. Learn how to use Crazy Domains and WordPress to create and update website pages, posts and menus.

You can then use your website to attract potential customers to use your services. If you do a good job your website will become valuable and attract “organic” traffic from Google, which is free.

These skills will help you with your own contracting work but also give you skills that are very valuable to most small business employers.

Websites & Digital Marketing Training

 

Advertising and Lead Generation

One of the most challenging tasks facing both established and new business owners is advertising to attract potential buyers and getting these prospects to make contact with you.

Learn how to focus your advertising on the needs of your best potential clients and then how to manage those leads you receive. You’ll learn how to do this for your own business as a remote working virtual assistant as well as your clients (if needed).

Advertising and Lead Generation for Virtual Assistants

 

Online Customer Service Certificate Training Course

This training course package will give you skills and exercises to confidently start a business and have strategies to start marketing your business and making money. Includes

  • Real Business case studies
  • 6 months mentor support
  • Tools to work from home remotely
  • Real life practice
  • Internship opportunities

Online Customer Service Training Course

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Is it hard to learn Xero & MYOB?

If you are looking for and applying for junior bookkeeping jobs you can learn how to use Xero and MYOB in just a few hours with a short Bookkeeping course. Learning how to use Xero and MYOB is not hard when you work through a well designed, step-by-step series of exercises where you do the bookkeeping work.

We have lots of students who come from other industries and are attracted to bookkeeping work because it can fit into their daily routine (if they have children) and because it can be performed remotely from home.

The Certificate in Xero Course for Daily Transactions teaches you how to perform these tasks, which include

  • creating invoices
  • receiving payments
  • creating purchase orders
  • paying invoices
  • tracking incomes and expenses
  • entering expenses and managing receipts
  • accounts receivable
  • accounts payable
  • profit and loss reports,
  • balance sheet reports

What makes it ezy, not hard to learn Xero and MYOB

Learning how to use accounting software like Xero and MYOB is easiest when you go through practical training exercises using bookkeeping tasks that are performed doing bookkeeping work.

EzyLearn Online Course Case Studies real world scenarios examples for Xero, MYOB, Excel, Digital Marketing Courses

This is a far better way to learn than just trying to copy what you see in a video tutorial.

When you watch an instructor tutorial that shows you how to perform a bookkeeping task and then have to enter the data for a months worth of transactions you get the theory and the practical experience.

Xero and MYOB Micro Courses help you learn bookkeeping in small and easy to manage courses which you can complete within 3 hours.

MYOB and Xero Training for Setup, Daily Transactions and End of Month

Learn how to use Xero in as little as 3 hours. Here are some short courses in Xero and what you can expect to learn.

Bookkeeping data entry work forms the biggest number of jobs available for bookkeeping work. These jobs involve a lot of data entry to get the numbers into the software from every aspect of the business.

If all the data is entered correctly then the end of month bank reconciliation is quick and easy.

Discount Coupon Code for MYOB and Xero Courses

If you want to enrol now then make sure you check out our current promotion and use that discount coupon code to get a cheaper price for your MYOB and Xero course.

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Compare Bookkeeping Course Providers – Mentor Education Credit Transfer Issues

Mentor-Education-Credit-Transfer-Form-to-a-new-RTO-that-you-might-need-to-pay-extra-for

A Cert IV in Bookkeeping and Accounting is the same as any other Cert IV in Bookkeeping and Accounting, right? Wrong.

One of the biggest issues that ex Mentor Education students face in trying to transfer their credits to another training organisation AND continuing their studies is that EVERY RTO can choose some of their own subjects.

So a Cert IV in Bookkeeping can be different from one RTO and TAFE to another even though they’re the same qualification – does that makes sense. Let me demonstrate.

Continue reading Compare Bookkeeping Course Providers – Mentor Education Credit Transfer Issues
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Xero vs HNRY + Thriday + Rounded + Parpera

Unlike HNRY Xero doesn't offer bank accounts that deducted Tax and GST payments for you - Online Xero Training Courses & Support

Would you sign up to a Xero controlled back account? Would you let Xero become your accountant or tax agent to the Australian Taxation Office (ATO)?

Does that sound strange? Imagine if Xero managed your bank account for you and made sure that all your taxes were paid for automatically BEFORE allowing you to receive your pay.

Doesn’t that “sort of” happen already with Single Touch Payroll?

If Xero had their own accountants would you go with a Xero accountant for your own business?

Continue reading Xero vs HNRY + Thriday + Rounded + Parpera
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FREE Training Courses for Career Builders

EzyLearn FREE Student Inclusions with Bookkeeping courses

Are you enrolling into an MYOB or Xero Bookkeeping Course or Microsoft Office Course and are currently employed? You’ll get access to some FREE Student Inclusions when you enrol into a Complete Course or Combination.

EzyLearn’s FREE Student Inclusions give students more value in their careers and the work they do and there is a different offer for you depending on your situation.

Continue reading FREE Training Courses for Career Builders
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How can Elon make money with Twitter?

Business Today Article about Elon Musk firing Twitter staff - will Twitter become a payment service like PayPal for Xero Integration - EzyLearn

I’ve been on Twitter since March 2009 but I don’t use it as much as I could have, how about you? Lately we’ve been Tweeting about recent enrolments and graduates who have received their certificates because it is a great digital marketing tool to get short messages published. If you go to our website you’ll notice that these Tweets appear in a rotating banner at the top of the page.

Twitter is going through a massive transformation under Elon Musk and whether you like it or not you’ll find that Elon will achieve his goals for the software company. The reason is simple – he is constantly “iterating” and testing and measuring to see what works and what doesn’t work.

What I think will become the most fascinating aspect of Twitter is when it starts becoming a peer to peer payment platform.

Continue reading How can Elon make money with Twitter?
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Xero Boast Top Innovator in “AFR BOSS Most Innovative list”, Just Behind Telstra!

Xero wrote about their AI achievements using machine learning to predict the name and account code for your transactions when performing a bank reconciliation. Bank feeds have been a constant and regular theme in Xero’s marketing and this reinforces how they are using technology to reduce the time it takes to reconcile.

It makes sense that a bank like NAB or CBA buys MYOB because if you could automatically make sure that your finances in your MYOB or Xero software reflected exactly what your bank statements say you’d eliminate half the work that junior bookkeepers do.

Continue reading Xero Boast Top Innovator in “AFR BOSS Most Innovative list”, Just Behind Telstra!
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What % of expenses can you claim to reduce your taxable income?

Working from home and claiming expenses using Xero & MYOB software training courses

We’ve received lots of training course inquiries from new business in this last couple of months and a question that came up recently was “do you have a course that explains how much I can claim”. The person was asking about how much of the cost of their car can they claim as an expense because they use it for their business.

The answer to this question reminded me of how “flexible” the taxation laws are in Australia. You can “claim” any amount that you want and unless you are audited by the ATO you could possibly get away with it!!

The correct way is to determine how much of your costs are actually associated with your business and use that percentage. The ATO goes on to explain how to do this in detail.

Continue reading What % of expenses can you claim to reduce your taxable income?
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The Best Xero Course in Australia

Xero COMPLETE Training Courses Online Suite - EzyLearn

The ‘Best Xero Course in Australia’?!  That’s a pretty big claim.  You might be wondering how EzyLearn can attach this line to our Xero courses, and what actually makes our courses the best?

Well, it’s not just because EzyLearn has over 25 years’ experience in developing training content and helping students achieve their goals.  And it isn’t just the feedback we’ve been getting from our course graduates about how their course helped them find work, upskill, and gain confidence.

EzyLearn’s market research helps us to see what people are looking for in a course, what other business offer, and what pricing is best.  But what is market research, and how does it lead to our Xero courses being the best in Australia?  Here’s what you need to know:

Continue reading The Best Xero Course in Australia
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Here’s What Businesses Need to Know About eInvoicing in Xero

Learn about einvoicing using Xero

Invoices can be a hassle for both businesses and their clients.  There’s nothing fun about chasing up that client about their late payment, nor is it an efficient use of time to trawl through emails and  inboxes trying to find that invoice from however long ago.

The Commonwealth Government is pushing ahead with an alternative, that looks like it will make things a bit easier for everyone.

eInvoicing is on the rise!  And since software like Xero has jumped in on the change, it’s important for small businesses to know what eInvoicing is all about:

Continue reading Here’s What Businesses Need to Know About eInvoicing in Xero
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Xero’s Integration With DiviPay Can Help Small Businesses Manage Expenses

Expense management is an important thing to have control of in order to keep a business running smoothly.  But it can be a time-consuming process, full of paperwork, data entry, and chasing up staff members for receipts and invoices.

Xero’s integration with DiviPay promises to make the whole process easier, with seemingly half of it being done by staff members on their mobile phones!

But how does it all work?

Continue reading Xero’s Integration With DiviPay Can Help Small Businesses Manage Expenses
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Xero Announces New Product Features – EzyLearn Offers 12 months Course Access and Support!

New year, new Xero features! 

Xero has recently announced its updated product features, and they include improvements to integrations, interfaces, and information.

We updates our Xero Training Course content regularly and every student gets 12 months course access and support – this includes access to all updated and additional course content. Here’s a rundown of recent changes Xero have made to their software.

Continue reading Xero Announces New Product Features – EzyLearn Offers 12 months Course Access and Support!
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Here’s What You Need to Know About the Cash Conversion Cycle

flowchart of the cash conversion cycle

There are a lot of things that contribute to a successful business, but there’s no doubt that cash is a pretty significant one.  Whether or not a business can generate enough revenue to not only stay afloat, but make a profit, determines whether or not that business can continue to operate.

But collecting that cash is not as simple as swiping a customer’s credit card.  From the first cent a business spends in buying its stock, to the final cent the business receives in payment from a customer, the cash conversion cycle can tell a lot about just how efficient and effective a business is.

Continue reading Here’s What You Need to Know About the Cash Conversion Cycle