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If you are using MYOB application to manage accounts of your organization, the very first requirement is to set up the tax codes that you can use to set up different accounts.

Before we move on to setup an account in MYOB application, a basic requirement is you need to setup tax codes that will help you in setting up accounts.

MYOB is one of the best Australian Accounting software in Australia region. It is specially designed for Mac users but now its app is available for iPhone and iPad users. It is a strong, solitary vision to contact clients online. Its dashboard allows managing the client's data whenever needed. Any of this software's products can be used as a trial for 30 days. Make sure to update this software after purchasing to have benefit of additional features added.

An accounting service that helps you to manage your transactions, financial statements, cash inflow-outflow, sales and purchases, GST, emailing your quotes and invoices. It is easy to use, can be accessed anywhere with just the touch of your fingers and you can keep in touch with your bookkeepers or accountants. You can create unlimited categories of your products and can customize your store without any expense. All the orders are automatically synced and have even created many payment options for their users like PayPal, eGHL, iPay88, MOLPay. To know more about it, go to MYOB Support.

As it has been quite significant for every business person to manage the account of his/her company and maintain a complete record of the income statement of a complete financial year.

If you are using MYOB application and you want to record a purchase of your supplier, in order to do so you need to create a card first that has complete detail of an individual or the company you deal with.