See how it's done with a free online course in MYOB Academy.

We'll take you through the steps involved in setting up Corporate Admin, what you should do to prepare your practice for Corporate Admin and where to go if you prefer MYOB to help you with the setup.

Make sure you've:

• registered for ASIC online services and can log into the ASIC agent portal.
• registered for EDGE lodgement access and have an EDGE ID and EDGE Password. This is different to the username and password you use to log into the ASIC agent portal.
• Have synced your MYOB AE/AO contacts.
• If you've been using a Corporate Compliance software, make sure you download and complete any outstanding annual statements, and lodge any forms waiting to be lodged. This prevents any loss of documents and forms.

IMPORTANT! Do not use MYOB Corporate Compliance or any corporate compliance software, during, or after this process. Connecting to ASIC from another software will affect the download of your ASIC data.

The first task in setting up Corporate admin is to set up your payment profile. This is the payment profile that will be charged ASIC's fee when registering a new company, trust or self-managed super fund.

1. Log into MYOB Practice and click Settings on the left navigation bar.
2. Under Practice information, click Corporate admin.
3. Click Begin setup. A warning message appears.
4. Click Continue. Step 1/5: Set up payment page appears.
5. Click the Select a payment profile drop down menu, and choose a payment method.
6. Select I have read and accept the terms and conditions.
7. Click Save & continue. Step 2/5: Agent details page appears.

To lodge and prepare forms on behalf of your clients you'll need to add an ASIC agent.

We'll then automatically lodge forms RA61 and RA71 to download any company data associated with your agent. This can take anywhere from a few minutes to a few hours, depending on the number of companies you're the registered agent for.

You must not use any corporate compliance software during this process.

1. From the Agent details screen, click Add ASIC agent. The Add ASIC agent window appears.

2. Select the Type of agent you want to add. The options are Individual or Company.

3. If you've selected...

   Individual	Enter the agent's first name and last name.
   Company	Enter the Company name, ACN and the Nominee's (primary contact) first name and last name.

4. Enter your unique EDGE lodgement details in the ASIC Agent's details section.
5. Click Add agent. The agent appears in the ASIC agents list.

6. Click Save & continue. Your ASIC company data begins to download.

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   You can close this window or continue to work in other areas of MYOB Practice. Your corporate compliance data will continue to download in the background.

7. Once the download completes, click Next step to link companies to contact.

You'll now need to link each company's data to its corresponding MYOB client record. We'll automatically link companies where the company name or ACN in ASIC matches the name or ACN of a client in MYOB Practice.

For any companies not linked automatically, you can manually search for an existing client or, create a new client.

1. In the Linked MYOB contact column, click Link new or existing contact.
   • To select a contact:
     1. Enter the contact's name. As you type, the drop-down list will populate with contacts matching this name.
     2. Click the contact name to link the ASIC company to a contact in MYOB Practice.
   • To create a new contact:
     

     1. Click Create new contact.

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        Any newly created contacts will appear in your MYOB Practice contacts list, so you can select them whenever you need to select a contact in MYOB Practice. If you use AE/AO, we’ll also create the new contact in AE/AO for you.

2. Once all companies are linked to an MYOB contact, click Next.

Now that you've linked each company to an MYOB client, link each officer to an MYOB contact. We'll automatically link officers where the contact's name or date of birth in ASIC matches the name or date of birth for a client in MYOB Practice.

You may not have an existing MYOB contact record for each officer, but you can create them as a contact in MYOB Practice from this window.

1. In the Linked MYOB contact column, click Link new or existing contact.
   • To select a contact:
     1. Enter contact's name. As you type, the drop-down list will populate with contacts matching this name.
     2. Click the contact name to link the ASIC officer to a contact in MYOB Practice.
   • To create a new contact:
     

     1. Click Create new contact.

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        Any newly created contacts will appear in your MYOB Practice contacts list, so you can select them whenever you need to select a contact in MYOB Practice. If you use AE/AO, we’ll also create the new contact in AE/AO for you.

2. Once all officers are linked to an MYOB contact, click Next step.

You're almost done! Lastly, link each ASIC shareholder to their associated MYOB contact record.

You may not have an existing MYOB contact record for each shareholder, but you can create them as a contact in MYOB Practice from this window.

1. In the Linked MYOB contact column, click Link new or existing contact. The field becomes editable.
   • To select a contact
     
     1. Enter contact's name. As you type, the drop-down list will populate with contacts matching this name.

     2. Click the contact name to link the ASIC company to the relative contact record in MYOB Practice.

   • To create a new contact:
     

     1. Click Create new contact.

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        Any newly created contacts will appear in your MYOB Practice contacts list, so you can select them whenever you need to select a contact in MYOB Practice. If you use AE/AO, we’ll also create the new contact in AE/AO for you.

2. When all shareholders are linked, click Finish.

If you have multiple employees, you might also want to disable access to MYOB Corporate Compliance (if applicable) to prevent them from lodging in the desktop software.

To add an additional agent

1. Go to Settings and select Corporate admin on the sidebar.
2. Click Onboard agents.
3. Repeat steps 2 to 5 to link the companies associated with the new agent.