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Do not delete this page - MYOB Practice navigates to it from within the product

It’s easy to set up an MYOB Essentials or AccountRight file. You just need to know a few client details (like their business name and phone number), and how many employees they have (this will help you choose the right product).

You’ll also need to consider who is paying — is it your practice or your client?

MYOB Essentials runs completely in a browser. Learn more

MYOB AccountRight is desktop-based software, but the business details (company file) are stored online. Learn about AccountRight

To create an MYOB Essentials file
  1. Go to the Transaction processing page, and click Create file.

  2. Is the client you're creating an MYOB Essentials file for already set up in MYOB Practice?
     

    • Yes: Link the new file to the client it relates to:

      1. If you don't use MYOB AE/AO in your practice, click the Link to existing client button.

      2. Type the first few characters of the client's name into the Select your client field and select the client.
        Link a client to the new business

    • No: You will need to add the client first:

      • If you use MYOB AE/AO, create them in your desktop software first. After the client details have synced (it might take a minute or two), refresh the Create file page and select the client.
      • If you don't use MYOB AE/AO, click the Create a new client button and then enter the client entity type and their name.

         

  3. Enter the file details, including the business owner’s name and contact details.

  4. Select your payment method. Will your client pay directly or will your practice bill them?
    Subscription payment options

  5. Select an MYOB Essentials product for your client. (You can upgrade easily if the business adds more employees later.)

    Need help selecting an MYOB Essentials or Connected Ledger product? See the feature comparison here: Australia | New Zealand

  6. Click Continue.

  7. Click Create file. The business now appears in your list of online files.

    Can't see it? Give it a moment or two and it'll appear.

    You'll also notice a new tab (or window) in your browser. Here you can finish setting up the business by selecting the accounts list and entering opening balances. For help with this, see Entering opening balances.

To create an AccountRight file
  1. Go to the Transaction processing page and click Create file.
     
  2. Is the client you're creating an AccountRight file for already set up in MYOB Practice?
     
    • Yes: Link the new file to the client it relates to:

      1. If you don't use MYOB AE/AO in your practice, click the Link to existing client button.

      2. Type the first few characters of the client's name into the Select your client field and select the client.
        Link a client to the new business

    • No: You will need to add the client first:

      • If you use MYOB AE/AO, create them in your desktop software first. After the client details have synced (it might take a minute or two), refresh the Create file page and select the client.
      • If you don't use MYOB AE/AO, click the Create a new client button and then enter the client entity type and their name.

     

  3. Enter the file details, including the business owner’s name and contact details. 

  4. Select your payment method. Will your client pay directly or will your practice bill them?
    Subscription payment options
     
  5. Select an AccountRight product, as follows. (You can upgrade easily if the business grows, or your client’s needs change.)

    If your client has...Select...

    Simple banking and invoicing needs, and has no employees

    AccountRight Basics
    Inventory and wants to track supplier purchases, but has no employeesAccountRight Standard
    Employees and advanced accounting needs, including stock, and time billingAccountRight Plus
    More than one business with employees, or deals in multiple currencies
    AccountRight Premier
  6. Click Continue.
    A summary of what you've chosen is displayed.

  7. In the Financial year field, select the last month of the financial year for which you want to start recording transactions. For example, if you select June 2019, the financial year will run from 1 July 2018 to 30 June 2019.

  8. In the Conversion month field, select the earliest month for which you want to record transactions and opening balances (known as the conversion month).

    In the example below, selecting January as the conversion month means you won't be able to enter transactions dated before 1 January 2017 and the opening balances will need to be as at 1 January 2017.
    Select the financial year and conversion month for the new business 

    Carefully consider the financial year and conversion month for this business, as you can't change the year and month once you click Create file.

  9. Click Create file. The business now appears in the list of online files.

    Can't see it? Give it a moment or two and it'll appear.

    The next step is to finish setting up the file by tailoring the accounts list and entering opening balances. For information on how to do this in the AccountRight file, see Setting up.

Why doesn’t the Transaction processing page show the files I created? 

If you’ve recently created a file, perhaps someone has restricted your access to the clientThe Transaction processing page only shows files linked to clients you have access to. If your access has been removed, you can get access again by contacting an administrator in your practice.

 Another reason you might not see the client’s file on the Transaction processing page is if your user account or advisor account has been removed from within the client’s file. Learn about getting and removing access to a file