ABSS Cloud Accounting Software Review (formerly MYOB) by Jia Li Yuan, Singapore.

MYOB Accounting Software Singapore – ABSS

ABSS, formerly known as MYOB, is a multinational Australian company offering business and cloud account software to Small Medium Enterprises.

MYOB had been one of the leading brands for accounting software in Singapore. In 2018 MYOB Premier online was rebranded to ABSS Premier Online. Partner: Asian Business Software Solutions Pte Ltd (ABSS)

Starting out as Australian company, MYOB back in 1991, ABSS now offers easy accounting software solutions for small and medium businesses.

MYOB Premier or ABSS Premier online Singapore is one of the simple entry levels yet reasonably affordable and powerful accounting solution for Small Business and Medium Enterprise.

ABSS Accounting is easy to use for beginners without much accounting background. MYOB accounting software provides a simple dashboard with a clean and clear layout which makes it a very user-friendly accounting tool for first-timers to navigate through the different application.

Managing with the different department using the same platform has never been so easy. By using this software, companies will centralize the documents from operations, sales, purchase, finance and accounting in the local server or secure cloud storage. Printing of cheque has never been so convenient and easy without MYOB.

 

WHAT ARE THE MAIN FEATURES OF ABSS / MYOB ACCOUNTING SOFTWARE?

The following are the key features of ABSS or MYOB accounting software

  • Multiple Users access
  • Able to process multiple currencies and foreign currency transactions,
  • Dual language interface functions in both English and Traditional Chinese
  • Chart of account can be easily created
  • Provide Ledger listing
  • Bank reconciliation
  • Balance sheet reporting that allows users to create multi companies
  • Print cash flow report, Profit and loss reporting
  • Easy to input daily transaction in amending and sending billing Invoices and process purchase invoice
  • Manage position, with real-time viewing of accounting reports
  • Process employer’s tax returns IR56B for Inland Revenue,
  • GST compliant, GST reporting and online submissions
  • Advanced inventory management system manages pricing level, stock locations and print stock aging reporting
  • Accurate analytic reporting of your business, customer and supplier database tracking

What are the main features of ABSS / MYOB Accounting Software [MYOB Premier online / ABSS Premier Online]?

  • Multiple Users access.
  • Able to process multiple currencies and foreign currency transactions,
  • Dual language interface functions in both English and Traditional Chinese.
  • Chart of account can be easily created.
  • Provide Ledger listing.
  • Bank reconciliation.