MYOB Frequently Asked Questions
MYOB (Mind Your Own Business) is a commonly used accounting software in Hong Kong. MYOB accounting software was developed in Australia, and then operated by ABSS (Asia Business Software Solutions) in Southeast Asia. ABSS headquarters and support teams are located in Singapore and Malaysia. In 2008, ABSS renamed MYOB Accounting Software to ABSS Accounting Software.
ABSS MYOB accounting software is one of the most commonly used systems by SMEs and auditors. In addition to providing accounting and financial functions, it also integrates sales, purchase, inventory, project management, and payroll management. It is a real one-stop system. ABSS MYOB Hong Kong accounting software is also recognized as the designated software for HKIAAT (Hong Kong Institute of Financial Accountants) and LCCI computerized accounting exams. It is the first choice for your business.
MYOB is all-in-one software with functions of accounting, banking, sales, purchase, time billing, inventory, payroll and cards. Same-tier software are Peachtree / Sage 50, Quickbook, Xero. MYOB Hong Kong version is localized for its compliance with requirements of Inland Revenue Department in Hong Kong for IR56 forms.
Hong Kong version is not cloud based but runs on desktop. Lobster Limited offers hosting service to allow users to runs MYOB via browser anywhere anytime.
No. There is no free MYOB version.
However, you may extend MYOB trial version from 7 days to 90 days. You can download and install the old versions Premier v20, PremierPlus v20, Accounting v25. These old versions have a 90-day trial period. After the trial is over, you can open the trial company file in the new version you purchased, and then upgrade and continue using it.
No. It runs on MySQL.
If you want to link MYOB database to Excel or reporting tool, it has to be done via ODBC driver. ODBC driver is not bundled with product. You can purchase this from Lobster Limited. Through ODBC, you can draw data directly by selecting the tables or fields.
Starting from September 2023, ABSS (MYOB Asia) will not provide certain technical support for some old versions of MYOB. In addition, some old versions of MYOB will have compatibility issues when running on Windows 10/11, and even block messages will appear. Customers of the old version are now notified to upgrade as soon as possible to avoid unnecessary losses.
Which old versions are affected?
Accounting v25 or below versions
Premier v20 or below versions
PremierPlus v20 or below versions
ABSS MYOB Accounting Software & ERP Software
ABSS MYOB Accounting Software & ERP Software Lobster Limited is authorised reseller for ABSS MYOB, Xero and Sage system who are top worldwide software brands. Besides ABSS MYOB system product selling & demonstration, we offer all round services to ABSS MYOB customers including MYOB consultation, MYOB support, MYOB training as well as MYOB tutorial services. We also develop add-on reports and system links for ABSS MYOB system. All in all, we help customers reduce operating cost and enhance efficiency.
Lobster Limited has a strong support team. Over 1,000 customers were supported and trained by Lobster Ltd. We are the ABSS MYOB & ERP expert you can count on.
ABSS MYOB HK Accounting Software System & ERP Software System Products include: ABSS MYOB PremierPlus, ABSS MYOB Premier, ABSS MYOB Accounting, ABSS MYOB AccountEdge (MAC),Business Intelligence (BI)