TechnologyAccounting SoftwareNew accounting software from MYOB and Intuit

New accounting software from MYOB and Intuit

Two of the biggest SME accounting software vendors have updated their products.

Link: Sage buys Polish software company

MYOB has launched BusinessBasics, Accounting and Accounting Plus. The new products allow users to qualify for the £825 rebate offered by the Inland Revenue – for small businesses that file employers annual returns online – and are compliant with the new MiniMac, also aimed at small businesses.

Simon Smith, general manager UK business division at MYOB, said that SMEs must ‘get used’ to using more specific software to run their operations. ‘Quite a few businesses still use just Word and Excel,’ he added.

Meanwhile, Intuit has launched a 2005 version of QuickBooks, along with a new accountants’ edition of the software.

For accountants, QuickBooks 2005 focuses on providing more online services for clients to help deliver them assistance and training.

The new version also contains web-based BACS capabilities, known as BACSTEL-IP, which allows businesses to better control and monitor their electronic bank transactions.

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