I use MYOB for my business and it's pretty easy, particularly once you are set up. I don't have a book keeper, and lodge the BAS/GST myself. I also do all the payroll and data entry myself too. Well, I have now trained my wife up on it and hand balled her a lot of the day to day stuff with it now it's all in place. That's the thing once you set it up it's a piece of cake to maintain, plus doing your BAS/GST takes a matter of minutes if you are up to date with your data entry. You can also use it on a very simple/basic level or make it as detailed as you want. Depends how much information you want from it as to how detailed you set it up and make some of the data entry.
At the end of the financial year I just email the MYOB file to my accountant. He then comes back to me after he's done my tax returns with the adjusting journal entries and I put those in. Works pretty easy.
If you have wages then you will need the version with Payroll in it. I think my version is Account Edge Pro which has the payroll. I paid for an annual sub******ion which was about $695 from memory, but looking at their site now it seems it's up around $1,000. There is a trick to the annual renewal tho. The annual payment effectively gives you access to any updates that they give you during the 12 months. The main updates typically happen at the end of the financial year when they add in any legislative changes, e.g. changes to tax rates etc. Rarely are there significant changes during the financial year.
So what does this mean, well if you purchase your 12 months sub******ion in say early July 2014 then obviously it won't expire until July of 2015. Consequently in July of 2015 you download your next financial years update with tax changes etc just before your sub******ion expires, then you are pretty much set for the 2015 financial year and don't need to renew your sub******ion. Then in July 2016 you pay again and get the update for that financial year and start again. Effectively it means you only need to pay every second year. It's worked fine for me - hope that makes sense.
