Before you begin, take some time to explore MYOB Essentials and find out about the basic features of navigation and transaction entry. There are some features that appear on every MYOB Essentials page. These are: UI Expand |
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| Links at the topAt the top of each MYOB Essentials page, a welcome message is visible, along with a number of links: Image Removed - My businesses—click to add a new MYOB Essentials business or switch to an existing one (that you are signed up for). For more information see Using multiple businesses.
- Settings menu ( Image Removed )—click your business name to view the Settings menu. From this menu, you can access various settings (such as your Business details, GST settings and Import/Export), details about your subscription, and your accounts list. You can also view your serial number and log out of MYOB Essentials. For more information, see Settings.
Links at the bottomAt the bottom of each MYOB Essentials page are the following links: - Privacy policy—click to view the privacy policy statement for MYOB Essentials.
- About us—click to find out more about MYOB Essentials.
- Contact us—click to find out how to contact the MYOB Essentials team.
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title | MYOB Essentials menu |
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| You'll use the main menu bar to access most areas of MYOB Essentials Image Removed If you click an item on the menu bar that has a next to it, a list of related options appears. You can then click any of these to go directly to that section. | |
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Dashboard | View the dashboard, which shows a snapshot of your business. | Sales | View the list of quotes created in MYOB Essentials | | View the list of invoices created in MYOB Essentials. | | View a list of your items, which are products or services that you buy or sell. | | Create invoices to send to your customers. | | Enter a payment made by a customer for an invoice. | | Create invoice returns—customer credits or refunds for goods returned, services not used or received. | | Apply a customer return to an invoice or refund the money to a customer. | | See a list of your sales history for a specified period of time. | | Send statements to your customers showing their current balance. | Purchases | View the list of bills recorded in MYOB Essentials. | | View a list of your items—products or services that you buy or sell. | | Create bills to record the purchases you make from your business suppliers. | | Enter a payment for a bill. | | Create a return for a supplier—returns are credits or refunds for goods returned, services not used or received. | | Apply a supplier return to a bill or record it as a refund from a supplier. | | See a list of your purchase history for a specified period of time. | Banking | View all the bank transactions that have been brought in on bank feeds or imported manually using bank statements. | | Manually reconcile transactions that won’t be matched to an imported bank transaction. | | Set up the rules you use to automatically allocate imported bank transactions. | | Apply for and manage your bank feeds. | | Enter withdrawals and payments that are not associated with your business suppliers. | | Enter deposits received from sources other than customer sales. | | Record any transfers you’ve made from one bank account to another. | | View transactions on each of your bank accounts over a specified period. | Contacts | View a list of your contacts—customers, suppliers, employees or general contacts. | | Create contacts. | Payroll | Open the pay centre screen, where you can select dates and employees, and do the pay run. | | View a list of your employees. | - IRD monthly returns
(New Zealand)
| Print the reports you need to lodge with the IRD each month—Employer deductions (IR345), Employer monthly schedule (IR348) and KiwiSaver employee details (KS1). | | View, print or email individual employees’ payslips and view a summary of each of your past pay runs. | | View a summary or detail report of your payroll over a specified period of time. | - PAYG payment summaries
(Australia)
| Produce PAYG payment summaries for your employees and lodge them electronically with the ATO. | | View and change your payroll settings, including which bank account you use to pay wages, payslip display options, and payslip email settings. | Reports | View a list of MYOB Essentials reports. | Help & Support | View this help centre. The help centre will open at a help topic that is relevant to your current MYOB Essentials page. | | Visit the MYOB Essentials blog, to learn about new features and other topics of interest to MYOB Essentials users. | | Get in touch with the Support team to help you with any issues or questions you've got with MYOB Essentials. |
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There are also features that you can use on many pages. For example: UI Expand |
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title | Searching and filtering |
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| Image Removed Most MYOB Essentials pages have a search field. As you type your search term, the list on the page is updated to match your text. You can also choose from the filters that are next to the search field. UI Text Box |
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| Use searching in combination with sorting If searching and filtering gives you a long list of results, you might want to sort the list by one of the column headings. For more information see Sorting by column. |
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| Image Removed By clicking a column heading, you can re-sort the information in the list by that column. For example, in the contacts list, you can click the First Name column heading to sort the list in alphabetical order by contacts’ first names. |
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title | Selecting and deselecting options |
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| You can select options by clicking the checkbox to the left of the option. A tick will appear in the checkbox ( Image Removed ). To deselect an option, click the checkbox again. The tick will disappear ( Image Removed ). |
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| Month-end tasks While you’re exploring MYOB Essentials, you may also want to have a look at our suggested Month-end tasks. |
Australia only To set up a bank feed for a Commonwealth Bank account: Your AccountRight company file doesn't need to be online to set up bank feeds, but you'll need an internet connection. There are two parts to setting up a bank feed: 1. Apply Start the application process in AccountRight, then finish via NetBank (the Commonwealth Bank's online banking). Alternatively, you can submit an application form. | > | 2. Link Once your bank feed application is approved, choose the AccountRight account the bank feed applies to. | 1. Apply for a bank feedApplying online via NetBank is the quickest way to get up and running. Otherwise you can complete an application form. UI Expand |
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title | To apply via NetBank (recommended) |
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| To apply via NetBankThe quickest way to apply for a bank feed is to start the process in AccountRight, then finish it via NetBank, the Commonwealth Bank's online banking. You won't be able to apply via NetBank if: - you don't have access to NetBank - speak to the Commonwealth Bank about getting set up.
- you use Commonwealth Bank CommBiz
- there's more than one signatory on your account, or
- you've chosen to "mask" your account numbers in NetBank (so they display as XXX XXX) and you don't want to turn this off.
If you can't apply via NetBank, use an application form instead. See the next task for instructions. To apply for a bank feed via NetBank - Start AccountRight.
Go to the Banking command centre and click Bank Feeds. UI Expand |
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title | If it's your first bank feed |
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| - The Manage Bank Accounts window appears. Click Get Started with Bank Feeds.
Image Added - An internet browser window opens and the MYOB Sign In window appears.
- If prompted, sign in with your MYOB login details (email address must be lowercase).
- Proceed to step 4 below.
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title | If it's an additional bank feed |
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| - The Bank Feeds window appears. Click Manage Bank Accounts.
Image Added - When the Manage Bank Accounts window appears, click Add or remove a bank account. An internet browser window opens and the MYOB Sign In window appears.
- If prompted, sign in with your MYOB account details (email address must be lowercase).
If you have multiple MYOB products or company files, select the applicable product and company file.
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Choose your company file from the Set up bank feeds for this company file list. Click Add more bank accounts or Add more credit cards. Image Added UI Text Box |
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| 'Add more' buttons missing? Oops - you're probably not the online owner (this is usually the person who set up your AccountRight subscription). If you are the online owner (or should be), contact us and we'll help sort it out. |
Select Commonwealth Bank of Australia (CBA) from the list of financial institutions. Choose the option to continue the bank feed application online. Enter your account details and select the I confirm... checkbox. - Click Submit.
- Click Continue to online banking and then log in to NetBank.
- Select the account you want to receive bank feeds for.
- Select the terms and conditions checkbox.
- Click Confirm to submit your application.
Applications are usually processed by the CBA within 24 hours, but it can take a few days—we'll let you know when it's ready. To check the application status, see Manage bank feeds. If you haven't heard from us after 5 business days, give our bank feed team a call on 1300 555 931 (Australia). Once it's ready, you'll need to link the bank feed to the corresponding account in AccountRight. See task 2 below for instructions. |
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title | To apply with an application form |
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| If you can't apply for a bank feed via NetBank (the Commonwealth Bank's online banking), here's how to apply using an application form. - Start AccountRight.
Go to the Banking command centre and click Bank Feeds. UI Expand |
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title | If it's your first bank feed |
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| - The Manage Bank Accounts window appears. Click Get Started with Bank Feeds.
Image Added - An internet browser window opens and the MYOB Sign In window appears.
- If prompted, sign in with your MYOB account details (email address must be lowercase).
- Proceed to step 4 below.
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title | If it's an additional bank feed |
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| - The Bank Feeds window appears. Click Manage Bank Accounts.
Image Added - When the Manage Bank Accounts window appears, click Add or remove a bank account. An internet browser window opens and the MYOB Sign In page appears.
- If prompted, sign in with your MYOB account details (email address must be lowercase).
- If you have multiple MYOB products or company files, select the applicable product and company file.
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Choose your company file from the Set up bank feeds for this company file list. Click Add more bank accounts or Add more credit cards. Image Added UI Text Box |
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| 'Add more' buttons missing? Oops - you're probably not the online owner (this is usually the person who set up your AccountRight subscription). If you are the online owner (or should be), contact us and we'll help sort it out. |
Select Commonwealth Bank of Australia (CBA) from the list of financial institutions. - Choose the option to have an application form emailed to you.
- Complete your bank details.
Select the I confirm... checkbox then click Submit. You'll be prompted to print the bank feed application form. - Click Print Form. The authority form and cover sheet appear. A copy of the authority form is also sent to you by email.
- Print the form.
- Read the cover sheet for instructions on how to complete and submit the form.
- Click Done in the Print the bank authority form page.
The My Products page appears. This shows details about your AccountRight subscription and online services. The Bank Feeds section is updated with the details of the bank feed you have just applied for. Image Added - Complete and submit the application form. Submission details are provided on the form.
Your application will be processed within 10 business days—we'll let you know when it's ready. To check the application status, see Manage bank feeds. If you haven't heard from us after this time, give our bank feed team a call on 1300 555 931 (Australia). Once it's ready, you need to link the bank feed to the corresponding account in AccountRight. See the instructions below. | 2. Link the bank feed to an account in AccountRightWe’ll notify you by email when your bank feed is ready to use. You can then link the bank feed to the corresponding account in AccountRight. UI Expand |
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title | To link an account to the bank feed |
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| To link an account to the bank feed- In your company file, go to the Banking command centre and click Bank Feeds. The Bank Feeds window appears.
- Click Manage Bank Accounts. The Manage Bank Accounts window appears.
This window shows the status of your bank feeds applications so you can follow their progress. - Click Check/update status.
Image Added The bank feeds Log in window appears. - Sign in with your MYOB account email address and password (email address must be lowercase).
The Manage Bank Accounts window reappears. This window shows all the bank feeds you have set up and their status. In the Associated Account column, select an account from the list. This will be the account that the bank feed will be compared to. You can only select accounts set up as a bank account or credit card. Learn more about account types . Image Added - Click Use Account. The account is now linked to the bank feed.
- Click OK to finish.
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What happens next?When your bank feed is ready and it's linked to an AccountRight account, you’ll be able to download and approve transactions into your company file. What's the bank feed delivery frequency? Note that the first bank feed you receive will have transactions dated from when your bank feed was approved. Any transactions that occurred while you were waiting for the bank feed to be set up won’t be included. If you want to import and reconcile transactions dated before your feed approval date, you can import a bank statement. HTML |
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<h2><i class="fa fa-comments"></i> FAQs</h2> |
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title | How do I reprint the bank feed application form? |
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| You can reprint the application form for a bank feed that you've applied for. If you need to apply for a new bank feed, repeat the steps above for applying for a bank feed. - Start AccountRight.
- Go to the Setup menu > Manage Bank Accounts. The Manage Bank Accounts window appears.
- Click Add or remove a bank account. An internet browser window opens and the MYOB Sign In page appears.
- Sign in with your MYOB account email address and password.
- If you have multiple MYOB products or company files, select the applicable product and company file.
- Select an account and click Print authority form. The BankLink authority form and cover sheet appear.
- Print the form.
Have you been requested to resubmit a bank feed application? Repeat the steps above to apply for a bank feed. |
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