Digital Accountant

Comprehensive MyT Tutorial

Prepared by Rita Krekovska ACMA, CGMA

| Published on April 20, 2023

MyT is cloud-based accounting software mainly developed for UK micro businesses or start-up businesses but due to multiple base currencies available (I guess) it may be used in other countries as well. You can perform bookkeeping functions (invoicing, expenses management and banking) not only online but also by downloading MyT Mobile App and using on your smartphone.

About MyT tutorial

In MyT Tutorial I am using a concept of having my small Cleaning business (like one in the real world I would have 😉 ).  

I will cover sections like Registration process, Settings, Purchases, Sales, Banking and Reports.

Tutorial Summary

In this tutorial I am covering:

-) Intro, Registration process and going through Settings 

-) Expenses & Spend Money [adding suppliers, recording bills (supplier invoices), marking bills as ‘paid’, recording cash and other expenses]

-) Sales & Receive Money [adding customers, creating invoices, marking invoices as ‘paid’, recording cash or other income] 

-) Banking [adding new bank accounts, uploading bank statements, reviewing transactions and reconciling bank (cash) accounts] 

-) Journals & Reports

More info

You can check this software here – https://getmyt.com

If you have any questions or need further advice, feel free to reach out to me via email: ritakrekovska@gmail.com

By Rita Krekovska ACMA, CGMA

Rita is Chartered Management Accountant and online influencer known as Digital Accountant.