Accounting practices looking to save time and resources while improving accuracy should look no further than the new MYOB Accountants Office (AO) Tax Manager. The new module was developed to make it even easier for accountants to stay on top of their clients’ tax obligations.
MYOB National Client Relations Manager, Accountants Division, Joel Smith, says the new AO Tax Manager will revolutionise the way accountants process clients’ tax.
“In addition to eliminating the paper trail created by the Tax Payment Calculation Report, the new integrated dashboards in AO Tax Manager allow accountants to sort, filter and group information. This is perfect for increasing data visibility and improving efficiency,” he says.
AO Tax Manager receives data directly from Inland Revenue. Not only does this ensure data entry is reduced and errors are minimised, it enables the new Alerts feature to notify users of any discrepancies.
“Each time an entry doesn’t match with the information held by Inland Revenue, an alert is displayed, notifying the user of the discrepancy. This helps ensure your clients’ tax payments are accurate and up-to-date,” says Mr Smith. “It also helps ensure there are no inconsistencies in GST reporting.
“MYOB works closely with Inland Revenue on an ongoing basis to ensure our services and products meet its requirements. At the same time, we are always looking for ways to make it easier for our clients to remain compliant.”
The new AO Tax Manager simplifies both work in progress reviews and the input required by the practice team, adds Mr Smith.
“AO Tax Manager is designed to provide accountants with a connected, streamlined process. When processing tax notices, it automatically stores your comments, amendments and approvals in the system; the changes made are also searchable at a later stage,” he says.
“The software also integrates seamlessly with AO Practice Manager, so everything you need is only a click or two away. It is this sort of functionality that makes the whole process more efficient and increases your productivity.”
For more information about the new product visit www.myob.co.nz or contact the MYOB Client Management Team on 0800 94 96 99.
For further information or immediate comment, please contact:
Tel: 09 925 3560
Mob: +61 407 450 860
The Agency Communications Limited
Tel: 03 341 5841
Mob: 0275 243 629
About MYOB New Zealand
Established in 1991, MYOB is New Zealand's largest business management solutions provider. It makes life easier for approx. 1.2 million businesses across New Zealand and Australia, by simplifying accounting, payroll, tax, practice management, CRM, websites, job costing, inventory and more. MYOB provides ongoing support via many client service channels including a network of over 40,000 accountants, bookkeepers and other consultants. It is committed to ongoing innovation, particularly in cloud computing solutions, and now spends more than NZ$35 million annually on research and development. In 2013, MYOB expanded its offerings with the acquisition of accounting solutions provider BankLink. For more information, visit myob.co.nz.