MYOB Solo
All-in-one mobile app for sole traders to manage admin, banking, and payments.
Executive Summary
MYOB Solo is an all-in-one mobile application specifically designed for sole traders in Australia to streamline their business administration. Leveraging MYOB's extensive experience in financial software, Solo simplifies essential tasks such as invoicing, expense tracking, and managing payments directly from a mobile device. It aims to reduce the complexity of business management, allowing sole traders to focus on their core work. The app integrates key financial functions, including the ability to connect business bank accounts for automated transaction import and reconciliation. It provides tools for creating and sending invoices, capturing receipts for expenses, and maintaining ATO-ready financial records. This comprehensive approach helps sole traders stay organized, compliant, and in control of their finances without needing extensive accounting knowledge. MYOB Solo is positioned as a user-friendly solution that consolidates various administrative and financial tasks into a single, accessible platform. It's built to support the unique needs of sole traders, offering a streamlined way to manage their business on the go.
Use Cases
- Managing and sending professional invoices to clients and tracking payment statuses.
- Automating expense tracking by capturing receipts and categorizing transactions for tax purposes.
- Maintaining ATO-ready financial records to simplify tax preparation and compliance.
- Connecting business bank accounts to automatically import and reconcile transactions.
- Gaining a clear overview of business income, expenses, and overall financial health from a mobile device.
Features
Visibility
- Mobile Dashboard: Access a consolidated view of business finances, income, and expenses directly from your mobile device.
- Invoice Tracking: Monitor the status of sent invoices, including due dates and payment receipts.
- Expense Categorization: View and categorize all business expenses for clear financial oversight.
Support
- Community Forum: Access a dedicated online community for support, tips, and discussions with other MYOB Solo users.
Technical Specifications
- Deployment
- SaaS
- Authentication
- OAuth 2.0
- API Available
- Yes
Integrations
- Shopify
- Apideck
Pricing
- Model
- Subscription
- Starting Price
- $15/month
- Target Customer
- SMB
- Contract Type
- Monthly
- Free Trial
- Yes
About MYOB
MYOB (Mind Your Own Business) is an Australian provider of business management solutions for small and medium-sized businesses, offering cloud-based accounting, payroll and practice management software. They deliver SaaS products to help SMEs manage finances, invoicing, tax compliance and payroll across Australia and New Zealand.