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This information applies to MYOB AccountRight version 19. For later versions, see our help centre.


 

 

AccountRight v19 Plus, Premier and Enterprise, Australia only

AccountRight v19 is not compatible with Single Touch Payroll reporting. If you need to report your payroll activity, you need to upgrade to the new AccountRight.

You might not be able to upgrade if you use these features

The following features aren't available yet in the new AccountRight, so if you use any of these in AccountRight v19 you might not be able to upgrade just yet:

  • M-Powered Payments see below for more information
  • some multi-currency features – full multi-currency features will be available in AccountRight 2019.1 (check the latest upgrade info)
  • negative inventory – this feature won't be available. If you need to keep using negative inventory, call us on 1300 793 130 (Australia) ,or 0800 60 69 62 (New Zealand).
  • multi-location inventory – this will be available in AccountRight 2019.2

Watch this space! We'll have more info about your upgrade options soon.

But don't stress, the ATO is aware and M-Powered Payments users have an extended deferral from STP

If you're using M-Powered Payments and can't or don't want to upgrade just yet, we've worked with the ATO and you have been granted an extended deferral from STP reporting until 30 September 2019.

Deferral numbers were communicated by email. Keep the number handy in case the ATO get in touch with you about your STP deferral. However, you’re not required to proactively contact the ATO. 

If you need any assistance in finding the deferral number, please contact MYOB support via Live Chat or by calling 1300 555 123.

M-Powered Payments upgrade options

We're building a new service to replace M-Powered Payments that works with the new AccountRight – but it isn't ready yet.

This means that if you're using M-Powered Payments, you can continue using AccountRight v19 until 30 September 2019, by which time the replacement for M-Powered Payments will be available and you'll be able to upgrade.

However, if you're using M-Powered services and are not using any of the other features not available in the new AccountRight, you may choose to upgrade now and do without the ability to directly transmit payments to your employees and suppliers until the new feature is available.

In the meantime, you'll be able to pay your employees and suppliers electronically using the electronic payments feature.

And, if you set up bank feeds, these payments will be automatically matched in AccountRight.

The choice is yours. If you're just using M-Powered Payments and not any other unavailable features, you can:

  • upgrade now and use electronic payments to pay suppliers and employees, or
  • hold off from upgrading until the replacement for M-Powered Payments is available.

Find out more about the things you should know before upgrading.

Be part of the Payroll & Supplier Payments beta

Payroll & Supplier Payments is the service we're building in the new AccountRight to replace M-Powered Payments.

If you're interested in testing the beta version of this feature and giving us valuable feedback, register here.

 
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