MYOB US, Inc. Introduces MYOB AccountEdge 2004

October 9, 2003 (Rockaway, NJ) MYOB US, Inc. today announced the release of the latest version of their small business management and accounting software, MYOB AccountEdge 2004 for Mac.

Along with strong productivity features, MYOB AccountEdge introduces a new suite of exceptional and fully integrated business services, including credit card authorization and direct deposit of payroll checks. This hails MYOB once again as the first to provide benefits and features not otherwise available to Mac based small businesses, having previously introduced an integrated online payroll service.

“We’re bringing features to the Mac platform that only Windows users have had before,” said Cynthia Mackewicz, General Manager, MYOB US, Inc.. “MYOB recently introduced MYOB SurePayroll, the first online payroll solution that integrates with a Mac small business package, and now with fully integrated credit card processing, direct deposits and electronic vendor payments, this represents another first-to-market exclusive business opportunity from MYOB.”

“The power, stability and ease-of-use of Mac OS X are driving more companies to run their business on a Mac,” said Ron Okamoto, Apple’s vice president of Worldwide Developer Relations. “With MYOB AccountEdge 2004 for Mac, businesses are now able to take advantage of a comprehensive suite of business services like fully integrated credit card processing while enjoying the rock-solid reliability of a UNIX-based operating system.”

MYOB AccountEdge for Mac can read MYOB Plus for Windows files and vice versa, making it easy to work with accountants, regardless of platform. MYOB makes it even easier by providing new users’ accountants free copies of MYOB software.

MYOB Business Services

MYOB Business Services are exciting additions to AccountEdge 2004, combining online technology integration with the best in time and cost saving services. MYOB Business services are fully integrated and optional with MYOB AccountEdge 2004.

Accept Credit Cards - With AccountEdge 2004, a business owner can create sales and authorize credit cards in one step, saving time and providing better service and more payment options for their customers.

Direct Deposit - Direct deposit of employee paychecks saves the time and cost of printing checks, is processed directly from AccountEdge, and alleviates the inconvenience of going to the bank for employees, providing a win-win for both employer and employee.

Vendor Payments – Electronic Vendor Payments lets a business manager take advantage of better credit terms often offered by vendors for prompt payments. Using Electronic Funds Transfers, businesses can pay their vendors without having to cut a check.

Full Service Payroll – MYOB SurePayroll provides payroll processing, reporting, tax filing and direct deposit of employee paychecks, and payroll data is easily integrated into AccountEdge. MYOB SurePayroll is a full service payroll alternative for those who want to outsource their payroll.

More Features

Creative Forms Designer

Packed with new features, the improved forms designer makes it easier to create personalized and professional looking forms.

Outstanding Report Management

In addition to all of the new report filters, there is a new Statement of Cash Flows report that shows cash position fluctuation over a period of time.

Excellent Jobs Organization

Sub-jobs allow for easier designation and placement of jobs within jobs.

Redesigned Help System

The Help button has expanded to offer advice on situations for both the beginner and advanced user alike, as well as to allow easier navigation of the Help Index.

A Solid Foundation

Along with the new features, users old and new alike can rely on AccountEdge’s signature features, including:

flexibility in report and forms customization
time-savings of emailing forms and reports in PDF format
quick links for sending reports to Microsoft Excel and creating templated letters in Word
the power of working in multiple currencies and across Mac and Windows platforms.
The launch of MYOB AccountEdge 2004 for Mac is joined with the release of its sister product, MYOB Plus 2004 for Windows. MYOB AccountEdge 2004 and MYOB Plus 2004 are part of the family of MYOB products that includes MYOB FirstEdge. MYOB FirstEdge is a basic accounting product for the Mac, designed for the one or two-person business.

To learn more about MYOB AccountEdge, MYOB Plus and MYOB FirstEdge, please visit www.myob.com/us or by calling MYOB Customer Service at 800-322-MYOB (6962). To learn more about MYOB’s family of products, or to request a free trial version, please visit www.myob.com/us.

-End-

MYOB US, Inc. is a subsidiary of MYOB Limited, Australia and one of the MYOB Group companies with affiliates and publishing partners worldwide in the United States, Australia, the United Kingdom, Mexico, New Zealand, Hong Kong, Singapore and Malaysia. The companies have helped more than 450,000 small businesses manage their businesses more efficiently.

MYOB, AccountEdge and the MYOB logo are registered trademarks of MYOB Ltd. Mac is a registered trademark of Apple, Inc. Other products may be registered trademarks of their respective companies.

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