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MYOB – M-Powered Services – What are they and should I consider them?
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Published on Thursday, 17 December 2015 15:00
A client asked about M-powered services.. “ - would just like to know about it to decide if its beneficial for me not.. no real urgency and mite amount to nothing.. is paying MYOB subscription monthly and wants to know if he should 'get his money worth' and use the service..”
M-Powered needs to be set up directly with the specific service – it is great for many businesses. You can get M-Powered for -
Invoices – gives your clients Bpay, A post, and credit card options to pay you, and when you are paid, you get a summary for that day and it loads and applies the payments automatically for you;
Expenses – if you want to pay say a dozen bills at a time each week – not really worth it otherwise for less than that number;
Super – handy when you have say 5-6 or more employees – costs about $2 per quarter for each employee – best if you have several funds to pay and 5 or more employees, otherwise most super funds can be paid by Bpay or online transfer;
All M-Powered together cost $20 month plus small transaction fees, or the monthly $20 is FREE if you are on COVER/subscription with MYOB (so that you automatically get the annual software updates and compliance versions).
Usually only worth using if you have volume of expenses and several super funds.
But worth just getting the invoicing – you have to go through an application interview for approval, by calling MYOB.
Consider the extra features that can be used within MYOB for nominal fees, that can save a lot of time in processing and assist you to look more professional and encourage clients to pay sooner! -
M-Powered Invoices
A service that makes it easier for customers to pay you by offering additional options: BPAY, credit card online and Postbillpay on your own invoices.
- Produce more professional looking invoices
- Faster access to your cash? Access to it the next day
- Less data entry, less time on admin
- Offer more customer-friendly ways to pay
To find out more, see a video, get a Fact Sheet, FAQ, request a call, see the website M-Powered Invoices - website
M-Powered Payments
Smart and secure service to pay your bills without writing cheques or entering details into banking software or websites.
- Take care of all your bills in seconds
- Remittance advices sent to suppliers automatically
- Less data entry, less time on admin
To find out more, see the website: M-Powered Payments - website
M-Powered Superannuation
Super processing service that allows you to complete an entire super run online from inside your software.
- Make paying super easy
- Pay any industry and retail superannuation fund(but not SMSFs)
- Less data entry, less time on admin
To find out more, see a video, get a Fact Sheet, FAQ, request a call, see the website: M-Powered Superannuation - website
How do I buy? -
Ready to Mind Your Own Business with M-Powered Services?
There are two easy ways to apply: online - click to the MYOB website on the links above:
or phone 1300 555 931
There will be a phone interview to complete, and start the process. M-Powered fill out the Application and email it to you for signing. Have your serial number ready!
Need help? Not sure?
Call for FREE 30min advice / strategy session today! Aus +61 407 361 596
and also get FREE “Avoid these GST mistakes” – There’s 18 that the Tax Office see regularly – Get them right!
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