Overview

• Automate your payroll

• Access your accounts on a network (includes three licences)

• Handle foreign currency transactions and accounts

• Analyse your business in greater detail

MYOB Premier gives you the power to manage even the most complex medium-sized business.

Get the complete set of business management features as found in Accounting Plus and also handle transactions and accounts in multiple currencies.

Multiple people can access your business information at the same time, which can help make your processes more efficient. For example, someone can enter a sale while someone else prints a report or enters a cheque — think of the time you'll save!

Premier is also issued with one full year of access to software support and upgrades.

Ideal if you ...

• Import and export goods and services or have accounts overseas

• Have two or more employees working on the accounts

Features & benefits

Automate your payroll

At one point or another, you'll probably have employees working for you. Whether they're permanent, contractors, or casual, there's a whole heap of paperwork, tracking and calculating to do each time you pay them.

With MYOB Premier you simply set up each employee's pay details once and from then on every pay run can be completed in just a few minutes.

PAYG withholdings, superannuation, annual, sick and long service leave, deductions, allowances, bonuses - Premier can do it all.

And to top it all off, you can make superannuation contributions electronically using MYOB's M-Powered Superannuation service and deposit pays straight into your employees' bank accounts.

As Premier organises all of your payroll records everything you need to answer employee queries is right at your fingertips. "How much superannuation do I need to remit?" One report. Easy. "How much holiday leave does John have owing to him?" A couple of clicks and there's your answer.

Everything you need to keep accurate, up-to-date and accessible payroll records is now all in one spot.

Feature highlights:

• Process pays weekly, fortnightly, twice a month or monthly - or in any combination of those.

• Pay employees based on the time recorded on their activity slips.

• Lodge payment summaries electronically to save time.

• Handle all your employees' information requests.

• Quickly report on all obligations - PAYG withholdings, superannuation, leave, union fees.

• Includes the PAYG withholding tax tables for 2004/2005. Includes automatic update to the 2005/2006 tax tables when available.

What's new

Enhanced payroll functionality

Handle all your employee payments efficiently and quickly with the improved payroll procedure:

• Pay all of your staff at the same time with the Process Payroll assistant, which steps you through the process

• Have the correct PAYG withholding tax automatically calculated for you when paying holiday pay in advance or a performance bonus to your employees

• Print your employee classifications, pay periods and employee bank account details on paycheque stubs

• Import time billing activity slip information into your employee pays

• Allocate pay items to multiple jobs

• Set a flat rate of tax for employees with a PAYG variation

More flexibility in scheduling recurring transactions

Schedule your business's regular and ongoing transactions (eg monthly rent payments, Yellow Pages payments, payments to the ATO) more efficiently:

• Receive an alert when a recurring transaction is due, and if multiple people access your company file, specify who should receive the alert

• Specify how many times, or until when, transactions should recur

• Choose to automatically record recurring transactions when they are due

Improved emailing options

Now you can send monthly statements to your customers by email. This simple process is a great alternative to the printing, folding, inserting and sticking that's normally required to get statements out!

• Email activity and invoice statements direct from MYOB Premier

• Enter default email subjects and messages for quotes, orders, sales, purchases and statements

• Email invoices, statements and purchase orders individually or in a batch

• Select an email address from the card file or use a new address and it can update the card file

Enhanced credit control

Manage your account customers more efficiently, and have more control over the credit you extend to them:

• Receive a warning before recording a sale that will exceed a customer's credit limit

• Prevent sales from being recorded for customers who have exceeded their credit limit unless an override password is entered

• Place customers on Credit Hold and receive a warning when you enter new sales for them

Enhanced company file auditing

Check the integrity of your company file's data on a more regular basis with the new Company Data Auditor and exception reports:

• Quickly identify basic information about your company file such as, the file name, version number, location, size, locked periods, and the last backup date

• View the last reconciliation date of each bank and credit card account and reconcile all bank accounts with ease

• Perform a quick review of your data and identify potential processing errors