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Are Aussie accounting software firms now competing in a global space? Threats to MYOB?

Kashoo Online Bookkeeping Software comparison to MYOB, XEROI was speaking with a business owner this morning and he mentioned that he was going to try a new accounting software SERVICE after a recommendation from his web guy? It made me ask the question: “Is your web or IT guy the source of recommendation about your bookkeeping software or is it your bookkeeper or accountant?”

In my previous blog post where we included a free training video about performing a bank reconciliation using MYOB, I mentioned some other bookkeeping software programs that compete with MYOB but the program that my business owner friend talked about was from a Canadian company called Kashoo…It then dawned on me that of all the bookkeeping programs only one of them is Australian owned anyway, SAASU. MYOB is now owned by US Private Equity, Xero is a New Zealand public company, Freshbooks is US based and Kashoo is a Canadian company.

This adds to the impetus behind local Australian bookkeepers having to compete with international remote workers for bookkeeping work… but more about that another time.

The good news right now is the MYOB is a clear market leader for use in most small businesses and if you are looking to earn a living as an accounting employee or independent contractor the chances are you will need to know how to use MYOB Accounting software. We try to make it easier by providing LIFETIME student access and all five MYOB Training Courses for one low price!

We will be reviewing the online accounting software mentioned in this blog post so make sure you subscribe to receive the reviews as they arrive.

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Hello to New Zealanders

New Zealander users of MYOB accounting software enrol in our online training courseSometimes we use the EzyLearn Blog to inform readers about who uses our online MYOB training courses. We received an email from a New Zealand student and we have had many New Zealanders enrol into our MYOB Training Courses.

MYOB is an international business that started humbly many years ago in Australia but sold recently to a private equity firm, valuing the business at over $1 Billion dollars. You can see from a recent Bloomberg article that the value of MYOB has grown significantly in recent years.

MYOB, Craig Winkler, Xero and Online Accounting

While we are on the topic of big business and who’s buying what, you might be very interested to know that MYOB founder Craig Winkler closed his account with the company he started in back in 1987, to become a major shareholder in New Zealand publicly listed online accounting company and rival called Xero.

Online accounting appears to be the domain of online workers like website developers and we have had very little demand for MYOB Live Accounts (online accounting competitor to Xero) so as yet we don’t cover MYOB Live Accounts. We wrote an article about cloud based software¬†and it’s importance in the rise of remote contractors (Virtual Assistants) back in August 2010 so feel free to learn a bit more about cloud based software services.

We can help New Zealanders

Until then, we just wanted to say that if you are from New Zealand and you want to learn about MYOB accounting software, we can help you. I also want to add that if you are an existing EzyLearn student and you want to highlight some of the difference between the Australian training videos and the New Zealand version of the software, send us an email to sales@ezylearn.com.au, we’ll get Jacci (our resident BAS Agent) to write something up and include it in our course.

To see the full list of topics included in our online MYOB training course visit our website and REMEMBER, we offer all our MYOB Courses (including updated and new content) for one price AND you receive LIFETIME access.