Many might have forgotten about MYOB Accounting, as over the last few years, we have been selling mostly MYOB Premier in Singapore due to government grants. Most popular reason being since it is supported, most people would want to maximise the grant by buying the highest value solution in the market. Another reason is that MYOB Accounting is not an IRAS compliance accounting solution.
IRAS does not endorse or enforce any company to buy GST compliance software, but it does make GST reporting breeze (just by using the GST F5 return report in MYOB Premier).
However, since all the grants are no longer available for accounting and payroll, can users consider MYOB Accounting edition instead as it is definitely a cheaper edition?
We attempt to simplify this comparison for you to decide if you should consider between MYOB Accounting or MYOB Premier Edition.
The above is a quick comparison for fast decision, and therefore is not a complete comparison for full features. For full comparison, please refer to MYOB official website.To all you to decide which version, just ask yourself these 4 questions:
- Do you have multi-location warehouse?
- Do you deal with foreign currency?
- Do you bill customer based on time spent?
- Do you have more than one user accessing MYOB?
If your answer to the above 4 questions, yes you may just buy MYOB Accounting. The table gives you a more comprehensive comparison if you want to cover more ground checks to be sure.
Still in doubt? Contact us for further clarifications.