Answer to Question #58541 in Accounting for icynguyen

Question

1. Flexibility of the system, compatibility with constant changes, flexibility to upgrade of MYOB
2. Cost benefit with the example of suitable scenario and compatibly with relevant legislations reporting of MYOB

Answer 1

1. MYOB, Mind Your Own Business, is an Australian multinational corporation that provides tax, accounting and other services to small and medium businesses.
MYOB offers flexibility, capability and opportunity for growth.
2. MYOB can provide the cost benefits, because it is the most accurate and reliable from the widest range of financial institutions so you spend less time on data entry.