BLOG2017-09-22T05:50:23+00:00

Three Ways to Grow Your Business

There are really only three ways to grow your business outside of what could be defined as “organic” growth to get the most out of what you already have. Learn about those more in-depth through this post.

Is a Employing Salesperson a Smart Financial Investment?

For most or all SMB’s, the most important part of employing a salesperson is to consider what they will contribute in gross profit dollars, not revenue. Learn how to determine whether or not a salesperson is worth the investment.

Overview of How Bill of Materials (BOM) work in MYOB Exo

One of the main reasons many businesses purchase MYOB Exo is for its Bill of Materials (BOM) function but what is it capable of doing and how should they be set up and how do they work? For businesses, which use BOM’s as a core part of their MYOB Exo daily business processes, the people who use BOM’s are integral for the overall business success of the system. So how do you know your business is doing everything the “right” way?

Why Stock Items Get Sold for 100% GP in MYOB Exo and How to Fix it

Don’t we wish we could sell an item for a 100% gross profit (GP)? Don’t get me wrong, there are a few rare circumstances where you can sell an item for 100% but the reality is everything a business sells is going to have a cost to then later sell it. So why when you look at the MYOB Exo Stock Sales report at the end of the month do you see an item being sold for 100% GP when you know this isn’t the case?

How to Minimise Foreign Exchange (FEX) Variances in MYOB Exo

Don’t we wish we could sell an item for a 100% gross profit (GP)? Don’t get me wrong, there are a few rare circumstances where you can sell an item for 100% but the reality is everything a business sells is going to have a cost to then later sell it. So why when you look at the MYOB Exo Stock Sales report at the end of the month do you see an item being sold for 100% GP when you know this isn’t the case?