Accounting software vendor MYOB has launched an online services business offering domain registration and Web hosting services.

MYOB Business Web Hosting will offer its customers domain registration from A$35 (US$33) for two years, e-mail hosting from $14.95 per month, and Web hosting from $29.95 per month.

MYOB Australia's managing director, Tim Reed, said the new Web focus will give MYOB customers the opportunity to complete a range of business transactions online, including the ability to offer e-commerce services.

"Our customers are just starting to embrace the Web and are looking for a trusted provider to help them establish a professional online presence and then, in time, to integrate existing business processes, such as invoicing, into their Web site," Reed said.

MYOB claims its accounting software and services has a footprint of more than 700,000 businesses and 10,000 accounting practices worldwide.

The move is also touted by the company as a stepping stone to integration of MYOB's back office business management systems with small business Web sites.

"MYOB can help small businesses increase sales, streamline internal processes, and offer high levels of customer service by integrating MYOB business management solutions with their Web site," Reed said.

"Big corporations are spending tens of millions of dollars on building an online interface to their business. Customers are going to expect this capability of every business - big and small. MYOB aims to enable micro, small and medium businesses to offer these same capabilities at a more affordable price."