The Accounting Journal: Today the Cloud, Tomorrow – the Sky’s the Limit!

Part 6 of MYOB’s 6-part series on the 60th Anniversary of Accounting Software – see part 5 here

Over the past 5 articles we’ve discussed the history of accounting, the developments in society and technology which were driven by the need to track goods, exchanges and resources, and the rapid advancement in techniques and tools which has characterised the past six decades.

Modern accounting hardly resembles its roots, when scribes were charged simply with keeping track of stores of grain or trades of livestock.  With double-entry bookkeeping, joint stock companies, sophisticated investments,

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Accountants: 8 tips for managing your workflow

Getting your workflow running smoothly during tax season is of vital importance to ensure you can keep all of your clients happy and submit tax returns to the IRD on time. But when is the best time to focus on this? Hint – it’s not when your in the middle of it!. For 8 tips that can help you be best prepared, read on to see how you can take away the stress when you’re needing to be your best.

1. Catch up

Make sure you have completed all the accounts and filed all the tax

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MYOB Most Innovative Company in Australia

In the last 12 months we have worked harder than ever to deliver some of our most exciting products yet. We’ve introduced our first cloud ERP solution, MYOB Advanced; launched MYOB Portal to market, released smart bills and extended OnTheGo to include EFTPOS, just to name a few.

The hard work has paid off, and now it’s time to celebrate because we have just been recognised as Australia’s Most Innovative Large Company in 2015 by Business Review Weekly (BRW) and awarded second place in the overall list of BRW’s

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Tradies in the construction industry – Are you at risk with the ATO?

The Australian Taxation Office (ATO) is focusing on contractors in the building industry, as it seeks to recoup unpaid GST and undeclared income. The cash economy has always been on the Tax Office radar, but now under the new reporting system they introduced in 2013, building companies must report on all payments made to contractors, and the ATO is hoping to catch more contractors in their revenue net.

250,000 contractors and counting…

Already the ATO has hit more than 250,000 contractors with more than $2.3 billion in tax bills for avoiding their income tax and

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