Accounting software company MYOB has launched its new online point-of-sale (POS) solution MYOB Kounta, the fruit of its minority investment in the startup in June.
The white label arrangement is a big step towards a broadening of the MYOB brand beyond applications that it has developed in-house.
MYOB Kounta combines accounting and POS in the one program to eliminate compatibility and sync risk between the two systems. MYOB Kounta is particularly useful for retail and hospitality businesses “that require multi-tasking to balance customer service, sales and inventory management”, Andrew Birch, MYOB general manager for connected services, said in a press release.
Features include simplified set-up, order management features, shrinking and wastage tracking, automatic staff commission calculation, on account and lay-byfunctionality. Special features for hospitality businesses include table management, split bills and queue busting.
MYOB AccountRight and MYOB Essentials customers can access MYOB Kounta by using their existing MYOB login details (AccountRight customers must have saved their data file online).
Customers’ accountscan be integrated with the MYOB Kounta system to publish end-of-day journals, accounts receivables and print outs directly. MYOB Kounta also integrates with other accounting software solutions.
While there is a free version of MYOB Kounta available, it limits the user to a maximum of ten transactions per day. Unlimited transactions start from $50 per month.
“It is a single, scalable and adaptable POS platform which is simple to set up and run and delivers data securely to business owners anywhere, anytime on any device,” Birch says.
Lawrence Troiano, owner of Basecamp Espresso, said in the press release that the ability to use MYOB Kounta on any device was a big drawcard.
“No more chunky registers. My staff and I can take cash register to the customer, if we want to, by logging in on an iPad or even a smartphone,” Troiano says.
“We also love that MYOB Kounta doesn’t hinder our customers’ creativity! They can be really specific about their order, which in the past couldbe tricky to keep track of, and we can easily modify the product on the system to match their special requests,” Troiano says.
MYOB has also made moves into the mid-market with its PayGlobal acquisition and a licensing deal to resell a customised version of cloud ERP Acumatica in the Asia Pacific.
