MYOB NEW GENERATION SOFTWARE

December 15th, 2011

MYOB has recently released some of it’s suite of next generation software.  This is the biggest change to the software in terms of back end and may require some changes to the way you currently store your MYOB files.  The main changes are to the technology that operates the program in the backgroud.  There are small changes to the user interface. Any upgrades should be carefully planned.  Please contact this office on 0411 218 570 should you wish to implement this new software.

Important Dates

December 1st, 2011

Monthly BAS and IAS – 21st of following month

Quarterly BAS 2  2012 (Oct – Dec 2011) paper lodgements 28th  February 2012 . Electronic lodgements – 28th February 2012 (if lodging through Effective Services or your tax agent). 

Quarterly Super payments* –by 28th day following end of quarter – due 28th January 2012 (for Oct-Dec 2011). 

*Note: your required contributions must be received and banked by the funds by 28th so make sure you remit in time. If your employees are making personal contributions, or they are under certain awards, contributions may need to be remitted monthly.

Free Offer from MYOB

July 3rd, 2011

Have you seen the free web-site offer from MYOB and Google?  You can create a web-site for your business in 15 minutes and it’s currently free.   Check it out at  www.gettingbusinessonline.com.au

News from MYOB

November 1st, 2010

MYOB has recently introduced a new product called Live Accounts.  It’s a web based version of accounting software that you can access from any web-browser.  So, as long as you have an internet connection, you can access your data.

This product also  updates your bank data by downloading from your bank software on a daily basis.  The software can memorise transactions and save excessive data entry.

The product is designed for small businesses that require remote access and do not have a need for payroll. (This may be introduced early next year. )  There’s a small monthly subscription for the use of the product.

Please give us a call if you’d like to know more about this product.

Superannuation Clearing House

August 18th, 2010

The government has established a small business (less than 20 employees) clearing house for paying your superannuation obligations.  You can make one payment for all your employees instead of sending muliple payments to various different funds.  You can find more details at www.medicare.gov.au

Tax Agents Legislation

August 18th, 2010

Effective Services is a now a  registered BAS agent under the new Tax Agents legislation.  To obtain this registration we had to demonstrate qualifications, competence and pass a “fit and proper person” test.  You can be assured that your BAS is prepared by a registered BAS agent.