20th November, 2024
As a business owner, we know it’s vital to keep cash flowing during busy times of the year when cash flow is critical. Using the full suite of cashflow management features available in the MYOB platform simplifies cashflow and makes it easier to get paid fast.
When time is short, business is busy, and your plans in your diary are filling up, streamline business admin, so you can get back to growing your business and enjoying free time with automated features and tools that get you paid up to 3x faster.*
You don’t need a designer to make your business look good. Customise quotes, sales orders and invoices with your branding to look more professional. Click here to learn how.
Quickly create professional sales orders, quotes and invoices with pre-filled details, saving time and reducing errors that cause long-term complications. Click these links to more about creating sales orders, quotes and invoices.
“I can send out a quote the same day a client enquires, and once they accept, I can quickly convert it into an invoice.”
Vanessa Miglis, Adelaide Floristry School
Offer more options for paying your invoices. Accept AMEX, Apple Pay™, Google Pay™, Mastercard, PayPal, and Visa to allow your customers to pay swiftly and securely so you get paid on time.
“Online payments are just out of this world. My debtors listing would be anything from 60 to 90 days overdue. But since I started with online payments through MYOB, I am lucky if I have somebody sitting at 14 days these days.”
Jodie Moore, Owner, Moore Accounting and Business Services
With online payments enabled, you can send secure SMS invoice links directly to your customers’ mobile phones, allowing them to pay you on the go so you can get paid faster. Learn more.
Use auto-reminders to sidestep awkward payment conversations. Let our software notify your customers when payments are due and remind them if they’re late.
“Luckily, MYOB automatically chases payments and invoices for us, so we have time to keep running on what’s important for us.”
Nick Pearce, Co-Founder, HoMie Creative
This automated feature ensures your financial records are kept up to date, giving you a clearer view of your cash flow.
With MYOB, managing compliance during peak periods becomes effortless. From accurately pre-filling GST for your BAS to simplifying payroll and ATO reporting, MYOB ensures you stay on top of your obligations with minimal friction and maximum peace of mind.
Connect bank feeds to automate transaction imports and link MYOB to the ATO for direct BAS and payroll submissions. With these connections, you’ll simplify your compliance and stay confidently on track.
With MYOB’s cashflow and compliance tools, managing your business during peak periods has never been easier. From automating payments and reminders to seamlessly handling compliance, MYOB streamlines the administrative tasks that usually take up your valuable time.
By setting up bank feeds, customising invoices, and connecting to the ATO, you’ll keep cash flowing, stay compliant, and leave yourself free to focus on growth — or enjoy some well-deserved downtime. Make MYOB your partner in smarter business management this season and beyond.
Information provided in this article is of a general nature and does not consider your personal situation. It does not constitute legal, financial, or other professional advice and should not be relied upon as a statement of law, policy or advice. You should consider whether this information is appropriate to your needs and, if necessary, seek independent advice. This information is only accurate at the time of publication. Although every effort has been made to verify the accuracy of the information contained on this webpage, MYOB disclaims, to the extent permitted by law, all liability for the information contained on this webpage or any loss or damage suffered by any person directly or indirectly through relying on this information.
*Based on a sample of 13,521,618 MYOB New Zealand invoices between January 2023 and January 2024 on days to payment for invoices paid via online invoice payments versus non-online invoice payment invoices.
Applications for online payments is subject to approval. Fees apply: $0.25 per transaction + 1.8% of total invoice (inc. GST). Fees will be automatically passed on to your customers unless you turn off surcharging. Payment accepted via AMEX. Apple Pay, Google Pay, Mastercard and Visa, You can also choose to enable BPAY, but cannot pass on a surcharge to customers who pay via BPAY. View terms and conditions here.