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If you own more than one business, you can manage all your businesses using just one MYOB Essentials user name. This means that you can add new businesses or switch to work with a different one whenever you're logged inNew Zealand only

To set up a bank feed for an ASB account:

you need to be the online owner (this is usually the person who set up your AccountRight subscription) or an online administrator
ensure bank feeds can be set up for your ASB account (check the list of supported accounts)
have your MYOB account details handy.

Your AccountRight company file doesn't need to be online to set up bank feeds, but you'll need an internet connection.

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You need to subscribe separately for each business

You will need to pay a separate subscription fee for each business you register in MYOB Essentials. For more information about subscriptions see My subscription.

Learn more about ASB integrated accounting, including how-to videos and FAQs, on the ASB website.

There are two parts to setting up a bank feed:

1. Apply

Start the application process in AccountRight, then finish it via the ASB internet banking site, or by submitting an application form.

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2. Link

Once your bank feed application is approved, choose the AccountRight account the bank feed applies to.

1. Apply for a bank feed

Applying online via ASB's internet banking site is the quickest way to get up and running. Otherwise you can complete an application form.

Click My businesses at the top of any MYOB Essentials page. A list of your MYOB Essentials businesses appears.

Click Add Business. An Add business section appears.

Enter the details of the business you're creating and the name of the contact person for this business.

Click the Terms of use link to make sure you agree to the terms. By adding the business, you're agreeing to these terms.

Click Add business and go to dashboard.
The business is added, and its dashboard appears. If you want to switch back to the business you were originally working on, click the My businesses link at the top of the page

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title	To add a new business to MYOB Essentials

apply via ASB internet banking (recommended)

To apply via ASB internet banking

The quickest way to apply for a bank feed is to start the process in AccountRight, then finish it via ASB's internet banking site. Otherwise, you'll need to use an application form instead. See "To apply with an application form" below.

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Multiple company files or serial numbers?

If you have multiple files company files or serial numbers, but you only have a single Fastnet login, you can't apply for bank feeds online via ASB internet banking. Instead, you'll need to use an application form. See "To apply with an application form" below.

Start AccountRight.

Go to the Banking command centre and click Bank Feeds.

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title	If it's your first bank feed

The Manage Bank Accounts window appears. Click Get Started with Bank Feeds.
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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

The Bank Feeds window appears. Click Manage Bank Accounts.
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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.

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.
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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 ASB 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 ASB internet banking.
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 ASB 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 0800 60 69 62.

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

To apply with an application form

If you can't apply for a bank feed via ASB online banking, here's how to apply using an application form.

Start AccountRight.

Go to the Banking command centre and click Bank Feeds.

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title	If it's your first bank feed

The Manage Bank Accounts window appears. Click Get Started with Bank Feeds.
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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

The Bank Feeds window appears. Click Manage Bank Accounts.
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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.

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.
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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 ASB from the list of financial institutions.
Choose the option to have the application for emailed to you.
Enter your bank account details.
Select the I confirm... checkbox then click Submit.
You'll be prompted to print the bank feed application form.
1. Click Print Form. The authority form and cover sheet appear. A copy of the authority form is also sent to you by email.
2. Print the form.
3. 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.
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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 0800 60 69 62.

Once it's ready, you need to link the bank feed to the corresponding account in AccountRight. See the instructions below.

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2. Link the bank feed to an account in AccountRight

We’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.

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title	To switch from one business to another

If you’ve added more than one business to MYOB Essentials, every time you log in to MYOB Essentials the My businesses page will appear first so you can choose which business you want to work with in this session.

You can also switch businesses at any time using the procedure below:

Click My businesses at the top of any MYOB Essentials page. A list of your MYOB Essentials businesses appears.
Click the name of the business that you want to work with in MYOB Essentials. The Dashboard appears, displaying details for the selected business.

link an account to the bank feed

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.
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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.
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Click Use Account. The account is now linked to the bank feed.
Click OK to finish.

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. Check the delivery frequency for your ASB account.

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.

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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?

How do I reprint the bank feed application form?

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 bank feed 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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