In the last 12 months MYOB has released its own cloud based solution, MYOB AccountRight Live. This cloud based software gives users a range of options in the way they wish to approach the recording of business transactions: on the desktop, in the cloud, or a combination of both.

MYOB AccountRight Live

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provides users with the ability to use the program in the traditional way, with the program and the data being stored on the computer of the user.

This feature allows users of MYOB AccountRight Live to use the program online. The software is still saved on the computer, however you are able to operate online and store the data online in the cloud. This feature is extremely useful as it allows users to access their MYOB data from anywhere that the software has been installed. For example, external accountants and bookkeepers will have access to the live up-to-date file without backups of the file having to be made and then sent to the accountants or bookkeepers.

Combination of both
AccountRight Live also gives users the ability to interchange between the Desktop and Cloud options. In times where you’re experiencing a slow internet connection for example, you can work offline and synchronise changes later.

As well as the flexibility that MYOB AccountRight Live provides in terms of use and accessibility, it also has a number of other benefits:

– Unlike other online or cloud based solutions, MYOB AccountRight Live provides a full version of MYOB allowing users to have access to the same features and reports that they have always had.

Live Bank Feeds: when working online, AccountRight Live allows the automatic and live upload of bank transactions. This removes the tedious task of inputting data manually and will help reduce bookkeeping costs.

Multiple Users: AccountRight Live lets multiple user profiles to be setup, with access settings/restrictions able to be changed to best suit the business.

– There are multiple versions of AccountRight Live, each having varying features (and consequently varying costs) so that users only pay for what they need.

– Updates for this particular software, MYOB AccountRight Live, are easily available within the program and have minimal steps in order for users to install.

Purchasing and installing this new software is a relatively simple task and can all be done from your own office as there is no need to go out and purchase a CD. AccountRight Live is available to all MYOB users no matter how old their current version is as well as non-MYOB users. The whole purchasing and installation process is done via the internet, with a variety of payment options being made available to users. Payment of the software is another feature of MYOB AccountRight Live, with monthly payments an option that is available to ease the burden of one large fee.

In most scenarios the upgrade to MYOB AccountRight Live is an extremely simple process and it is a process

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that Rubiix is experienced in. Rubiix has assisted a number of our clients in setting up MYOB AccountRight Live and it is a service that we recommend to our clients and prospective clients. The reasons for this are:

– We’re experienced in the process and can therefore can complete the task quickly and efficiently

– Being a MYOB Partner, by purchasing MYOB AccountRight Live through Rubiix, our clients will receive a discount on their MYOB fees

– We have a great understanding of

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MYOB AccountRight Live and the features of each of the versions. This knowledge, along with our understanding of our clients’ business and business in general, we will be able to ensure that clients choose the program that best fits their needs and that they do not pay more than they need to.

In summary, MYOB AccountRight Live is a program that has been designed to improve efficiencies within a business and reduce the costs of the business. Rubiix recommends MYOB AccountRight Live to any business who is looking to achieve medium and long term cost savings.

Submitted by: Matthew Muscat – Rubiix Accountant

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