I have just spent the whole day "reconciling my accounts" in MYOB. Shame on me for falling behind the data entry as it meant that I had to go back to the beginning of this financial year (which is July 1st for Australians) so that I could have all my accounts (incl. my "cash on hand" account) reconciled prior to embarking on my first BAS.
What has this got to do with anything? It made me curious as to which accountancy type of program that everyone uses in relation to their money. I use it not only to track my business (stripping) expenses but my everyday ones as well (since sometimes they over-lap).
After a little research I chose MYOB coz I know my accountant will be able to "read" this program more easily than any other accountancy type of program (Quicken, for example). I also chose MYOB due to it being tailored for Australians and having "support" for Australians.
I must admit tho' without the training (an hour) that my accountant gave me in re: setting up and using MYOB... I was totally utterly stumped and lost. It isn't an easy program to use. I only recommend it if you can have someone train you.
Okay.. now onto you guys..![]()
PS I must admit, even tho' it was a very boring thing to do today (I started around 8am and finished around 10pm.. with plenty of breaks in between)... I feel very good as today was a very productive day (and I'm back on track!) LOL!!![]()
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