MYOB Accounting Software Singapore and ABSS
MYOB was a well-known accounting software brand used by businesses in Singapore before the MYOB South Asia business was rebranded to ABSS. ABSS stands for Asian Business Software Solutions.
ABSS Accounting and ABSS Premier are accounting software for small and medium-sized businesses in Singapore. The software can be used to manage sales, purchases, accounts, inventory and financial reporting. ABSS accounting software provides accounting functions for sales, purchases, inventory, banking and financial reporting from the same accounting system. Businesses can use ABSS accounting software to record sales, purchases, banking, inventory and accounting transactions in one accounting system. ABSS accounting software can be used to record payments and manage banking transactions.
What Are the Features of MYOB and ABSS Accounting Software?
The following are some of the accounting features available in ABSS Accounting and ABSS Premier.
- Multiple User Access
- Supports multiple currencies for businesses that record foreign currency transactions.
- Supports English and Traditional Chinese interface options.
- Create and manage a chart of accounts for the business.
- Provides general ledger and accounting transaction records.
- Reconcile bank transactions with accounting records.
- Generate balance sheet reports.
- Manage multiple company files where supported by the selected ABSS product and licence.
- Generate cash flow and profit and loss reports.
- Create customer invoices, record purchase invoices and manage daily accounting transactions.
- View accounting reports to review the financial position of the business.
- Inventory management can be used to track stock items, stock locations and inventory records.
- Accounting reports can be used to review business, customer and supplier transactions.
- Supports Singapore GST accounting and reporting requirements.
InvoiceNow for ABSS Accounting and Premier Connect
– ABSS Accounting and Premier Connect support InvoiceNow and GST InvoiceNow for businesses that require e-invoicing functions in Singapore.
Accounting and Financial Reporting
ABSS accounting software can generate accounting reports such as balance sheet, profit and loss and cash flow reports. These reports help businesses review their accounting transactions and financial position.
Sales and Purchase Invoices
ABSS accounting software can be used to create customer invoices and record supplier purchase invoices. Sales and purchase transactions are recorded in the same accounting system for reporting and account management.
MYOB and ABSS Accounting Software for Small Businesses
ABSS Accounting and ABSS Premier are designed for small and medium-sized businesses that require accounting, invoicing, banking, inventory and reporting functions.
Businesses still searching for MYOB accounting software in Singapore may know the software by its former MYOB name. The current South Asia brand is ABSS.
How Do I Request an ABSS Accounting Software Demo or Trial?
Fill in the enquiry form or speak to our accounting software consultant if you would like to review ABSS accounting software for your business. We can discuss your accounting requirements, software features and computer setup before you decide on the software.
Using an Older MYOB Accounting Software Version?
Older MYOB Accounting and MYOB Premier versions may no longer support ongoing transaction entry. Businesses using an older MYOB version can review whether they need to move to a supported ABSS Accounting or ABSS Premier version.
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