Posted on 3 Comments

Online Accounting: Has Xero Turned the Tables on MYOB in Australia?

Xero cloud accounting Share Price on ASX via CommsecWE RECENTLY FEATURED AN article by Margaret Carey comparing Xero vs MYOB and as early as 2010 I wrote about Xero’s solid growth in the online accounting area and how it could steal business away from MYOB.

If you read my blog posts or follow the news about accounting software and cloud-based accounting software, you’ll be aware that MYOB is now owned by a large private equity organisation called Bain Capital (which was co-founded by Mitt Romney). I believe it overpaid for MYOB and as a result has to fight hard to justify its price and keep as many customers as possible. However, regardless of that, it’s interesting to see that MYOB is now the US competitor to the New Zealand and Australian owned Xero.

How is MYOB American?

What do I mean? Well, MYOB was once an Australian-owned company that you could buy shares in — it was listed on the Australian Stock Exchange. It was subsequently purchased by Archer Capital and later sold to Bain. During this time, the man who started MYOB, Craig Winkler, sold his shares in MYOB and became a major investor in Xero. Read this article from the Sydney Morning Herald to better understand the “lay of the land” about cloud-based accounting software.

You can buy shares in Xero

Up until last week you could only buy shares in Xero through the New Zealand stock exchange. Last week, things changed and you can now participate in the fresh new competition in the online accounting market by buying shares in Xero! The graphic shows the rise of the share price since listing.

This blog post isn’t financial advice because I don’t know about your personal circumstances, but it could prove to be some safe career advice to get to know the software because they have listed in Australia in order to endear themselves to you and other small businesses in our part of the world.

Want to check out Xero’s ASX ticker and start keeping track of their price? Follow this link.

MYOB Bookkeeper, does this affect you?

If you are looking for work as an MYOB bookkeeper you will come across cloud accounting sooner or later because all the accounting software vendors are developing cloud based products. MYOB has recently launched their cloud accounting program MYOB AccountRight Live because they want to take advantage of the mass movement into the cloud.

More importantly as a bookkeeper these days you need to have bookkeeping qualifications like a Cert IV in Bookkeeping as well as software skills to find work or run your own bookkeeping business. Because of the more competitive landscape in online accounting you’ll also find several different accounting systems are being used and the more you know, the move valuable you become.

Always updating our content

In conjunction with bookkeepers, accountants and other finance industry experts we are always adding training materials covering a number of different cloud accounting applications like Xero, SAASU, Reach Accounting and MYOB AccountRight Live to our online training platform. We are also adding case studies to our courses to make them more true to life and interesting. When you enrol and opt to purchase our Lifetime Access option, you will have access to all updates to our courses forever.

Our online courses can be counted towards your CPD points

Online bookkeeping accounting training courses for CPD points

EzyLearn Excel, MYOB and Xero online training courses count towards Continuing Professional Development (CPD) for bookkeepers and accountants. We’ve been an accredited training provider of the Institute of Certified Bookkeepers ever since the organisation started in Australia. Find out how CPD points can be of benefit to you.


 

Posted on

Will you do it when you feel more confident?

Confidence to get that job and start a business

Confidence

Is low self-confidence contributing to you not achieving your work or life goals? When we held MYOB Courses in our Sydney Training Centres I remember speaking to a lot of mums who were returning to the workforce after a long absence while they were looking after their kids. Lack of confidence was one of the major topics that came up. It was like a whole lifetime had passed since they left the workforce and their lack of confidence was stopping them from finding work.

The same is true for business owners. I was recently speaking to a business coach who has helped many small business owners start and grow their businesses, including bookkeeping businesses. We are very happy to have Di Brown as a contributing specialist so read on to discover some insights about confidence and reaching your goals.

Is lack of confidence holding you back?

Business coach for starting a new business or getting the dream jobBy Di Brown

Are you one of the many people whose lack of confidence is holding them back, keeping them stuck or stopping them from making a career change they desperately want?

How many times have you heard someone say, ‘I will do it when I feel more confident?’ The truth is, the only way you are going to become more confident is by doing it. In her book Feel the Fear and do it Anyway, Susan Jeffers states that you are never going to get rid of fear. Even the most successful and confident people feel fear. The only difference is that they ‘feel the fear and do it anyway’. Eventually through repetition and experience it does get easier and you do become more competent and confident.

We all started out with confidence, it is inside every human being. For example when babies attempt to walk for the first time, there is no hesitation about what they want to do. There is no worry about falling because they know exactly what to do when it happens. Stand up and do it again! We were all babies once with the confidence to learn to walk and go for what we wanted.

The action of doing

It’s in the action of ‘doing’ that confidence grows! Do you remember when you first learnt to drive a car? I do! It was a new experience and a bit scary; there were so many different things to remember. There was the brake, accelerator, clutch and gears, speedometer and blinkers. I don’t know about you but when it was time to change lanes, I even had to remember to keep the steering wheel straight when I looked over my shoulder. There were quite a few occasions when I turned my head to make sure it was safe that the steering wheel would come with me. I wasn’t very confident at all.

Well eventually I did get the hang of it. I don’t have to consciously think about how to drive any more. I feel completely competent and confident. Sometimes the car somehow gets home by itself! The way I became confident at driving was by doing it. If I waited until I felt more confident learn, I would probably still be catching the bus.

[quote]In our MYOB training courses our training workbooks contain case studies with exercises you can perform to increase your confidence.[/quote]

Confidence is within each and every one of us. Although in some of us it is just allowed to lay dormant. When our confidence lays dormant it can stop us from going after and getting what we want in life and business. It allows self-doubt to creep in which then allows fear to rule our desires and decisions. Imagine if we allowed self-doubt to win, we would probably still be crawling and catching the bus.

Confidence is positive

Low confidence can often manifest itself as negativity – seeing the glass as half empty, doubting ourselves and often making excuses. Whereas confident people are usually positive – seeing the glass as half full, they believe in themselves and their abilities, and they believe in living life to the full.

Is your confidence awake and thriving or asleep and inactive? If you don’t feel very confident, it’s time to wake up what is rightfully yours and choose to use it.

One way to awaken your confidence is by ‘acting as if’ you are already confident. It may feel a little strange at first but with time it will come naturally. There are many ways you can show confidence. You can change your behaviour, your body language, how you speak, what you say, and how you think.

When you think about someone who is confident ask yourself: –

  • Do they make excuses or do they do whatever it takes?
  • Are their postures straight and upright or are they slumped over?
  • Is their language direct and full with certainty or are they wishy washy?
  • Are they doubting themselves or thinking about completing the task at hand?

Whatever it is you would like to do, ‘just do it!’ Before you know it, your competence and confidence will show up just in time for you to take on your next adventure.

 

Posted on

Need to reinvent your career? This weekend?

Your Career

Reinvent your career become a bookkeeper or start a bookkeeping business

Our MYOB Training Courses are available through our partner network of accountants, business development and career services companies across Australia and one of our partners is exhibiting at the Reinvent your career expo this weekend.

I recently wrote about their project to help students find bookkeeping work or start a bookkeeping business and you’ll get a chance to learn more about what they have planned this weekend!

MYOB and your career

Many of our students learn to use MYOB accounting software so that they can

  1. Find work in the accounts department of a company,
  2. Become more valuable to their current employer, or
  3. Start their own bookkeeping business.

When you look at this list you realise that learning = change and change usually provides new opportunities and advancement. Workface are a team of career experts and MYOB Bookkeeper Training at Reinvent your career expoI will be at the stand to demonstrate how the company can help you and your friends become more valuable in your career by becoming a bookkeeper.

Workface have a professional business development consultant who provides training tools and support for those students who want to start a bookkeeping business so make sure you pop into the expo this weekend and come and say hi.

It’s in Sydney so I don’t expect out-of-towners to make a trip to Sydney for it, but if you are Sydney-based and want to participate in our open meetings to build a community of bookkeepers please come and talk to me.

***

Want to start a business from home?

I’ve had the pleasure of working with many interesting and intelligent people and since operating my first physical training centre in Dee Why in 1999 I’ve found it very rewarding to help people learn new skills so that they can find a job. We now do a lot of online training and I’m even more excited when we can help people start, promote and manage their own business – particularly if students are doing it for the first time. If you are interested in exploring ways of starting a business from home and working as an independent contractor see the business opportunities available.

 

Posted on 1 Comment

MYOB Bookkeeper job in Sydney

Want to be an MYOB Bookkeeper?

find work as a MYOB BookkeeperI was recently speaking with the owner of an electrical business who wanted to know if we have a student who completed our MYOB Bookkeeping Courses in his area. His area is Dulwich Hill and he was interested in speaking with MYOB Bookkeepers within the area of Strathfield, Marrickville, Newtown, Ashfield, Burwood, Sydney and Drummoyne, which prompted me to realise that we might be able to help you, our students find work in other ways.

You may have read my previous blog post about our students looking to start a bookkeeping business. When we discover the needs of our bookkeeping students we discuss them in our weekly management meetings to find out what we can do to help. After hearing a great concept from a business coach we put some wheels into motion and we are now accepting submissions from anyone who wants to start their own bookkeeping business and get more clients.

Looking for bookkeeping jobs or clients?

Since going completely online with our MYOB Training Courses in 2007 we have helped students become a MYOB Bookkeeper in Brisbane, Gold Coast, Perth Adelaide, Melbourne, Sydney, Cairns plus hundreds of local suburbs in between. With the help of Workface.com.au we are compiling a register of MYOB Bookkeepers so please feel free to register at their site.

You’ll notice that their application form allows you to clearly identify the areas of bookkeeping where you are very confident so they can help you locate the most appropriate employer or client. This is not just for those looking to start a bookkeeping business, but also for any students looking to find work in the accounts department of a company.

Anyone can register for bookkeeping work

The great news is that you don’t have to be an EzyLearn student to register and it doesn’t matter what qualifications you have. Remember that different levels of bookkeeper are required by different companies and there might be a company looking for someone just like YOU.

[button link=”http://workface.com.au/services/find-bookkeeping-work/”]Register now[/button]

Posted on 1 Comment

New look MYOB Certificate

MYOB Certificate for Bookkeeper Training CourseMore and more students turn to us to learn how to use MYOB bookkeeping software to find a new job, start a bookkeeping business or be more effective in their current job. To reflect our focussed committment to help you get that job we have re-designed our MYOB training course certificate.

MYOB Certificate designed to find you work

If you complete an MYOB Training Course with us, and you successfully complete all the knowledge reviews in each course you will received the revamped MYOB Certificate that looks like the image in this blog post.

Our courses are delivered 100% online and in keeping with that our certificates are supplied via our support site to students as a pdf file that you can print yourself. By keeping everything online we are able to combine 5 courses into one, from Setup to BAS and Reporting, for a very low price and provide you with lifetime access to the training resources.

We provided a free training video about Xero online accounting software and this is another part of our commitment to students studying to be MYOB Bookkeepers. Our Bookkeeping Academy is available to all students completing an MYOB training course and it’s our way of helping to keep you up-to-date with the latest in bookkeeping software and services (like cloud based bookkeeping systems).

To see the price for our courses with MYOB Certificate as well as Microsoft Excel and WordPress, visit our enrolment page. Remember that you get all courses for one price and lifetime access. This means that if you enrol now into our MYOB Training Courses you receive

  1. Five (5) courses from Setup, Day-to-Day, Bank Reconciliation, GST, BAS, Reporting and Payroll for
  2. One low price, and
  3. Lifetime Access to the course and updates

Our MYOB Certificate course is currently being updated to version 12 and as an EzyLearn student you have access to this new material for no extra charge! Make sure you subscribe to receive our updates via email.

Excel 2007 training courses and certificateIt’s the same with Microsoft Excel Courses, you receive access to all levels (9 short courses in total) from Excel beginners to advanced users for one price and lifetime access and we have training material for 2000-2003 versions as well as training material for 2007-2010 versions.

Enrol now, or see what is included in the MYOB Courses, Microsoft Excel Courses or WordPress Website Design and Blogging Courses.

Posted on

Congratulations to our new MYOB Bookkeeper graduates

MYOB Training Courses in Sydney, Melbourne, Perth, Adelaide, BrisbaneOur most recent MYOB Bookkeeper Training and Microsoft Excel Course graduates have just received their certificates and going through the records it was fantastic to see how many people we are able to help from all over Australia.

When we operated our Sydney training centres in Dee Why (near Brookvale), Gordon (near Chatswood), Parramatta and Burwood we noticed that students would travel a long way to come to our training centres. I won’t even get started about how they would have to try to find somewhere to park, with parking time limits etc etc.

In looking at our recent graduates it gives me a great feeling to know that we are teaching people all over Australia and New Zealand to use MYOB to help them find bookkeeping/accounting jobs or starting their own bookkeeping businesses. Here’s where some of our recent students live and what they said about the course:

Samantha from Agaston, South Australia

Agaston is near Nurioopta, Williamstown and Gawler

The fact that I could start and continue the course when I had the time. It was easy to understand and use.

Wendy from Surry Hills (Sydney), New South Wales

Surry Hills is near Paddington, Alexandria and Haymarket

I can study at my own time

Beverly from Butler, Western Australia

Butler is very North Perth, near Joondalup

Being able to learn at my own pace online.

Geoff from Epping, Victoria

Epping is surrounded by Bundoora, Campbellfield and Craigieburn

Learning more about short cuts and the really powerful nature and depth available in Excel, particularly in Course 303, was most enlightening and beneficial.
Really appreciate the learning at your own pace aspect and the lifetime course and excellent material content. Thank you so much for such an excellent course presented at an affordable price.

Anne-Maree from Sippy Downs, Queensland

Sippy Downs is near Buderim, Mooloolaba, Maroochydore and Caloundra, north of Brisbane

Nice short videos so you could take breaks and it wasn’t hard to find a certain video if you had to look back over something

Rebecca from Wodonga, Victoria

Wodonga is near Albury on the NSW and Victoria border

Easy to navigate around the site. I liked the short video presentations. If I was interuppted for whatever reason, you never missed too much and it was easy enough to replay.

Carmen from Ruse, New South Wales

Ruse is south west of Sydney, past Prestons and near Campbelltown and Narellan

The sort videos, easy to process and understand the information when presented this way.

 

Posted on

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

what do facebook, paypal, and xero online accounting 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.

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

Posted on 2 Comments

Want to take a peek at XERO, part owned by MYOB founder?

xero online accounting for remote bookkeepers dashboardI recently wrote about my discoveries of the preferred accounting software for local startup businesses in Sydney and wanted to share something that our resident BAS agent, certified bookkeeper and MYOB trainer has created for you. A training video about how to enter a payment for an invoice you create using Xero online accounting software.

If you are looking at starting your own bookkeeping business it is useful to learn more than just MYOB accounting software to widen your potential client base. It is also good to learn about an online accounting program that is growing very fast in user adoption, such as Xero. Why is Xero growing so fast? There are several reasons, but one simple reason is that you can access your accounting file from anywhere.

As you can see in the free Xero training video at the bottom of this blog, using online accounting software is just like using many other online services, you login and click, type, tab etc. One of the other great features that we have discovered from speaking with accountants and some IT professionals is that your accountant or your bookkeeper can use your accounting system at the same time as you do, without having to worry about sending a data file and wondering who has the most recent version of that data file.

One of the new great features of doing your MYOB training courses with EzyLearn is that you have 12 months free access to the Bookkeeping Academy, through which we will be releasing hundreds of bookkeeping training videos to help budding bookkeepers learn a wider range of software as well as develop new skills to help them find work or build their own business.

Feel free to let us know if you are a XERO user and share your experiences at our facebook page.

Posted on

Cyber Security for Bookkeepers – How are scammers trying to get you

Cyber Security for Bookkeepers - How scammers are using MYOB and Xero to get you

Every contract bookkeeper loves receiving these emails but they can wreak havoc with your computer

Emails like these usually means you have a new client and the client has invited you to start doing the bookkeeping for them on their MYOB file.

Everything about the email looks good but here is what to look for and the steps to take:

Continue reading Cyber Security for Bookkeepers – How are scammers trying to get you
Posted on

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:

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

COMPLETE Xero Course includes Beginners to Advanced skills

Xero COMPLETE Training Courses Online Suite - EzyLearn

This Xero course is the most popular with job seekers and business owners because it gives them the training they need to do almost anything using Xero. These are the course topics:

The Complete Xero Course takes most students 3-4 weeks to complete but you can learn it at your own pace and in your own time.

12 months or LIFETIME access – your choice

Ezy Learning Lifelong training platform for Xero, MYOB, Excel, Digital Marketing training courses

Enrol at our original enrolment website and you can learn everything about Bookkeeping using Xero with LIFETIME course access.

This includes all additional content we create and updates to training material. It also includes access to EzyLearn ANSWERS!

If you want the cheaper option you can enrol into the course here with 12 months course access and support.

Join us as a Tutor

If you have industry experience AND you complete our courses you can also become an EzyLearn Tutor.

Accounting Tutor for Xero, MYOB, QuickBooks Online Training Courses & Support - cropped

As an EzyLearn TUTOR you become our partner and work part time, while also earning an income online as our affiliate – this is just one of our Career Academy membership options for students.

Enquire with us today and get the FREE Xero course sample – as well as Microsoft Office and Word training!

Frequently Asked Questions and Answers

If you have any other questions you’ll find answers to most of them at our FAQ’s.

Here are just some of the most common questions and links to their answers.

Get the FREE sample and enquire now

EzyLearn Course Enquiry

* indicates required
Mobile number
Posted on

2024 in Review – Most popular topics

What most readers where interested in this year.

There are a couple trends which seemed to dominate the small business course market in 2024 and most of them related to replacing your bookkeeper!

It was the rise of automated bookkeeping services from companies like

  • Thriday,
  • HNRY, and
  • NAB’s Bookkeeper.

There also appeared to be a lot of ambiguity in job descriptions between Office Admin and Business Administration topics.

The other major observation is why did Intuit buy MailChimp and do email marketing companies make more money than accounting software companies?

Here’s our most popular blogs of 2024:

The range of skills and software knowledge for office and business admin employees is widening as they perform more and more of the daily tasks for each business.

A bunch of videos on Youtube or even Udemy is commonly called a course these days so Xero course prices vary widely. Some training company providers create interesting “accreditations” to lure students. In the end you get what you pay for and a real course involves you doing the work for a business – that’s the power of case studies.

Mentor Education advertised heavily and sold lots of courses and most of their students thought they could trust Australia’s accredited training framework – that didn’t end up being the case for thousands of unfortunate students.

Accounting automation has been a buzz word for several years but it now seems to be maturing when NAB and other major banks start promoting their automation features.

Payroll is a very complicated job to manage. It is important for all of our livelihoods and it’s a significant cost and time consuming task for businesses. It goes from hiring staff to tracking their every working hour, lunch break and sick day and more of these tasks are being combined into one software platform rather than a suit of software programs.

We offer free samples so you can get to know us and we get to show you the work involved in creating a proper course with practical tasks and business case studies. There are lots of free samples available so check them out.

Microsoft Excel is such a versatile program that it remains in strong demand even though specialist programs come along to try to make things easier. We have some free samples and hundreds of Excel exercise files that you can open and use to learn Excel.

Intuit bought MailChimp and we delved deeper into the world of email marketing software and how much these companies charge for their software. It’s far more lucrative than accounting software because they charge more as your subscribers increase. This will be an industry to watch in the coming years.

Xero course workbooks now for sale

It was also the first year we started selling the full range of Xero Course workbooks and exercise files. In these challenging financial times it is a cheap way to learn how to use Xero.

Posted on

Jerry knows all about email..

Jerry profile startup course and social media marketing for small business entrepreneur

Jerry Lame is a serial entrepreneur and loves shiny new objects. He was a corporate employee but went out on his own to start a business and be his own boss – then things got messy.

He needed to learn how to use Xero, MYOB or QuickBooks Online to manage his bookkeeping.

Mailchimp Course for Email Marketing

He started doing whatever he could to earn money and created income selling lots of different things to lots of different people. He used Outlook to send group messages to his clients until one day he realised it was going to get too hard.

Tony, a customer, sent him a reply email abusing him for sending junk mail and that surprised Jerry!

Jerry loves people and he loves talking to people from all sorts of different backgrounds and he remembered his conversations with Tony vividly so he was surprised to get such a reply.

Continue reading Jerry knows all about email..
Posted on

I’m not sure what to say..

Have you ever been in that situation? There’s lots going on and you have a lot on your mind yet you just can’t think of something to say? It’s like that with content marketing too.

It can be challenging but if you are in sales and marketing you MUST find something to say.

I was reviewing some of the recent updates to our Mailchimp Course for Email Marketing and realised that most content marketing is based around what is happening at the business.

It might have something to do with suppliers or products and changes to features or it can simply be about a success story or what one of your clients did.

Mailchimp Course for Email Marketing - Create a new email campaign - Digital Marketing Academy

When the Mailchimp course is ready it will be available at a discounted price to our Bookkeeping Academy members and can form part of your CPD Points.

Explore the Bookkeeping Academy and Inquire to learn more

PS. A new member recently understood how affiliate marketing works and was able to earn someone money just by referring someone to our courses. We’d rather pay you for introducing a new client than give the money away to Google Ads to get new students!

Posted on

New menu items have been added for ‘Customers & leads’ and ‘Budgets’

QuickBooks and Mailchimp Integration - QuickBooks brings leads into your business admin software - Online Business Admin Courses

There have been some big changes in Intuit QuickBooks Online navigation that have given our course development team the nudge to create updated training material.

All current students and members can access this material at no extra cost – that’s our Updates and Additions Policy.

Some of the biggest changes relate to Customers and leads and that makes sense when you consider that Intuit now owns Mailchimp – one of the largest email marketing service providers in the world.

Continue reading New menu items have been added for ‘Customers & leads’ and ‘Budgets’
Posted on

Why MYOB makes you log in after inactivity

ATO makes MYOB improve login security for inactivity of users - MYOB courses

Have you noticed a change in how MYOB makes you login? They’re starting to do as they are told by the Australian Taxation Office (ATO), that’s why.

We’ve seen lots of login issues with Xero in the past when they focused on authentication for their users and now it’s MYOB announcing improvements in their security – this time for inactivity.

Continue reading Why MYOB makes you log in after inactivity