Xero had a sunny May being selected from over 150 entrants as the 2015 Hi-Tech Company of the Year. Based on their motto “give customers what they want”, the software company delivered an astounding 400+ releases in 2014 alone. And, not stopping there, Xero has also been named Forbes #1 Most Innovative Growth Company for the second time. So big congrats to the Xero team, an admirable feat!
In the meantime, the newly released MYOB AR 2015.2 version has some real usability improvements. Our favourite is the ‘Help’ drop down option which is now easily accessible in each window. MYOB is also working towards “Killing Paper” planning to facilitate BAS/TFN lodgements directly out of the accounting system. Extending the ‘Smart Bill’ function to include ‘Spend Money’ transactions will complement the trend toward a paperless office.
With the end of financial year just around the corner, it’s time to do some planning. In particular your payroll will need some attention. Here are some tips from MYOB on how to close your payroll year. Make sure to look out for your compliance upgrade so you start the new payroll year with the right tax tables.