Add the respective workpapers at T7, T8, and T9 for the amounts to appear on the main return label.

November:

• Add a logo to the cover page of your financial report. Learn more.
• In the Balance sheet, you can hover over an account and click on it to see what the amount is made up of. Learn more.

December:

• Account grouping updates: we've introduced many improvements to make the account grouping process more intuitive.

• All these changes simplify the way account grouping works in other ways too:
  • only 2 panels to work with, instead of 3
  • no Group account button out of context of where the account will be grouped to
  • a more intuitive popup window for grouping
  • a faster process for moving a group to another group
  • improved text descriptions on the page
  • the Financial year dropdown shows the tax year end instead of a two-year span. For example, FY 2020 instead of 2019 - 2020.
  Learn more.

6 October

23 September

22 September

• We'll remember all your filter preferences: When you filter the Transaction processing page, we'll remember your filter preferences when you return to the page. Note, if you've previously applied filter preferences, you may need to reapply your preferences once after this update. Learn more.

7 September

• Launch AccountRight files in your web browser: When you click an AccountRight file in the MYOB Practice Transaction processing or Client workspace pages, the file opens instantly in a new tab. No need to sign in to AccountRight on your desktop app! This means you can work on the file using any device with an internet browser, like your computer (PC or Mac), tablet, or phone. Learn more about:

  • how to open an AccountRight file from the Transaction processing page or Client workspace page

  • accessing AccountRight files in your browser.

  UI Text Box
  type note
  When you try to access the file from transaction processing the first time, you may see a list of all of your client's businesses rather than the dashboard for that business. Click the business again to access it. You can still access all your files in AccountRight on the desktop. There are still some features on the way for working with AccountRight files in the browser. For these features, you'll need to work with the file in AccountRight on the desktop. You may have previously been opening AccountRight files on the desktop via the Transaction processing page. If so, you no longer need the AccountRight Launcher that you had to install to access those files on the desktop, since the files now open in the browser.

3 September

• Schedule coding report reminders: Send emails to remind staff to generate coding reports for your clients. You can use templates for the coding report email or task that your staff in turn send to your clients. Learn more.

• We'll remember which columns you want to see: When you apply your column preferences on the Transaction processing page, we'll remember your preferences when you return to the page. Learn more.

12 August

• Create multiple files: Partners can save time by purchasing up to 20 ledger files of the same type in one transaction. Learn more.

6 August

• Transaction processing usability enhancements: You can now assign staff members to a client in MYOB Practice. We've also made a few usability enhancements, including a new way of filtering files, a detailed client file view, and some style changes for a new look and feel. Learn more.

5 August:

• Corporate admin detailed share history: You can now track individual share parcels and keep a detailed register of all your current and previous shareholders. Learn more.

1 July:

• Create and update AE/AO contacts from Corporate admin: When you create a new contact or update an existing contact’s details from Corporate admin, we’ll now create a contact, or update the contact’s details in AE/AO for you. Changes to name and addresses will also be refected in AE/AO. Learn more.

3 June:

• Staff roles: If you’re an MYOB Partner with administrator privileges, and you don’t use MYOB AE/AO in your practice, you can now assign the Administrator role to other staff. Learn more.
• Staff access to MYOB Practice: If you use MYOB AE/AO and have administrator privileges, you can now see a list of staff members with access to MYOB Practice. Just click the Settings icon on the left of MYOB Practice and choose Staff. Learn more.

21 May:

• Accelerated depreciation rules: The ATO introduced the option for small businesses to deduct the cost of depreciating assets at an accelerated rate. We've updated the Assets page to let you use the accelerated depreciation rate. To apply the rate, you need to meet the eligibility criteria. Learn more.

11 May:

• Financial reports: The newly arrived Financial reports feature completes the compliance workflow in MYOB Practice. It will create a professional set of financial reports which are easy to use, customisable for your practice, and most importantly, will automatically bring across any data entered in a tax return. This first release includes a basic set of statutory reports, with limited customisation. Reports for Companies is available first, with Trusts and Partnerships coming soon. Learn more.

  Image Added

7 April:

• Enhanced user interface: MYOB Practice has a slick new look. To make things easy to find onscreen, the left menu bar is darker, and client and staff avatars have a splash of colour. Colours are given to avatars randomly, but each avatar keeps their given colour throughout MYOB Practice.

Image Added

20 February:

• Advisory: Advisory reports now include a detailed accounts payable analysis that highlights who and what clients owe, and which payments to focus on first. Great for keeping their cashflow, and supplier relationships, in check. Learn more

12 February:

• Asset register (New Zealand only): We're doing great things on Compliance for New Zealand in 2020. For now, access your online asset register via Transaction Processing.
  Image Added

17 December:

• My List: The last 5 clients you accessed will now appear in the Recent section of Client sidebar. You can keep a client permanently in My List by pinning them.
  Image Added
• Client workspace: You can now access a client's workspace page by clicking their name in the Contacts list.
  Image Added

16 December:

• Coding reports: Now you can choose to email coding reports to your clients direct from MYOB Practice.
  
  Image Added
  Just select Email sent to client as the delivery preference in the client’s coding report settings, and when you generate a coding report for the client we’ll email them a unique link to access their report.
• Protecting your clients' details: In MYOB Practice, you can email an AccountRight v19 file owner and ask them to upload their file so you can upgrade it to the latest version. Previously, we'd automatically fill the owner's name and email address in the email dialogs based on the serial number you entered. Now, to protect the AccountRight file owner's details, we'll no longer prefill their name or email address - you will need to enter these details.

18 November:

• Clients: Now you can restrict access to clients whose details and activities you want to keep confidential. Only administrators and the selected staff members will be able to view or edit their details.

  • If you're an MYOB Partner and don’t use MYOB AE/AO, you can set up client restrictions within MYOB Practice.

  • If you use MYOB AE, or MYOB AO (NZ), the Team Security settings you define in your desktop software will apply automatically in MYOB Practice.

  Learn what can be restricted, and how to set up restrictions on the Restricting user access to clients help page.

  Note that we’re rolling out these features over the next two weeks, so these features may not be immediately available to your practice.

• MYOB Advisor: Advisory reports now include profitability charts.
  
  Image Added
  
  You can analyse: 

7 November:

• Assets: We've updated Assets to support the upcoming individual tax return release in Compliance.
  You can access an asset register that is not integrated into a ledger.
  You can create:
  • a business asset class by linking to an account code
  • a personal asset class by not linking to an account code

Image Added

A personal asset class and the associated assets won't appear under the Accounting tab. Accounting details aren't required when you add a personal asset.

We've also enhanced the user interface when you add an asset class. The taxation integrated accounts will only be displayed after you select a Link to account.

Image Added

14 October:

• BAS: We've updated our designs in line with MYOB Practice and made some improvements to make it easier to create, manage and lodge activity statements online. For more information, visit our FAQs: Activity statement upgrade page.

Image Added

8 October:

• Clients: To help you stay on top of your clients we’ve introduced the Client workspace page. It shows you a client’s contact details, linked portal, tasks, MYOB Essentials or AccountRight file, and open compliance work (Australia only) all on the one page.
  
  Image Added
  To access a client’s workspace, the client needs to be added to My List. We’ll automatically show you a client’s workspace the first time you select them from My List in a session. You can view a workspace again at any time by clicking their name in the top menu bar. Learn more

29 August:

• MYOB Advisor: If you’ve spent time and effort setting up budgets for your MYOB Essentials and AccountRight clients, good news – you can now instantly add budget comparisons to the revenue and expense charts and narratives in their advisory reports!
  
  Image Added

  For MYOB Essentials files, you can choose which budget to compare when creating a new report.
  
  Image Added

  For AccountRight files, you can only set up one budget per file, so just click the Budget checkbox and you’re set.
  
  Image Added

1 August:

• Clients: If you use MYOB AE/AO in your practice, your general contacts, the ones who are not marked as "clients", will now sync with MYOB Practice. This means your clients and general contacts will all be accessible from MYOB Practice.
  
  Image Added
  
  

  UI Text Box
  type info
  This feature has just started rolling out, so you might not see it just yet.

  • To enable this sync, make sure you've activated contact migration.
  • Use the new filter to see just your clients, just your general contacts, or a combined list.
• To help differentiate individuals from other organisations in your contact list, the person's initials will now be shown in a circle, while all other entity types will still show in a square.
  
  Image Added
• We've renamed the Clients menu bar item to Contacts, and the Client list button to Contact list.

31 July:

• We've renamed the Portal notifications settings page to Email notifications. This is in preparation of some new features we're working on that are beyond the scope of portals. Stay tuned...

23 July:

• Tax (Australia): Now all MYOB AE/AO Tax users can see the status of their clients' activity statements on the Transaction processing page. Just select the Refresh ATO details daily option on the Tax settings page to turn it on. Learn more

10 July:

Assets in a browser:

• You can now import assets into the asset register using a CSV file that you have created in Excel, or exported from another system. Learn more about quickly adding a number of assets to the asset register instead of adding them one by one. 

Image Added

• You can attach any related documents to an asset by clicking the paperclip icon or by dragging and dropping the document in the expanded view of an asset.

Image Added

• You can now perform bulk actions on multiple assets by selecting two or more assets and then choosing your bulk action: transfer, sell, unsell or delete.

Image Added

• Lock and unlock the asset register when needed. This prevents accidental changes to an asset, which will cause a re-calculation of depreciation values for the current year and later years.
  • If you lock the asset register for the current year, any available prior years are locked.
  • If you unlock the asset register for the current year, any available subsequent years are unlocked.

Image Added

8 July:

MYOB Advisor:

• This year vs last year: You can now easily compare this year's and last year's results, side by side, on these reports:

• • Revenue
  • Cumulative revenue
  • Cost of sales
  • Operating expenses

• Simplified cumulative revenue: Monthly revenue results no longer show as bars on the Cumulative revenue chart. This makes the chart easier to read, and if you need this information, you can view it in the Revenue chart.
  Image Added

31 May:

• Client details: Now you can see which portal a client belongs to from the Client Details page. And if they don't have a portal yet, you can either create one for them or add them to an existing portal.
  
  Image Added

08 May:

• Coding reports: You can now specify default coding report frequencies for each client. Then you can filter the Transaction processing page to show just the clients you need to prepare coding reports for. Learn more
  
  Image Added

06 May:

• Client list: Now you can see key information about your clients from the main Client list page. You can see their primary contact name, phone number and email address in the main list, as well as their ABN or IRD numbers.
  
  
• Coding reports: We've tweaked the coding report workflow a little, so that you now select the transaction date range on the first screen.
  
  Image Added

15 April:

• Tax: For MYOB Partners in Australia who don't use MYOB AE/AO in their practice, you can now prepare and lodge activity statements for your clients using MYOB Practice. It's a secure and integrated workflow that lets you request digital signatures as approval for their forms, saving lots of time and effort. Watch the video, and read more here.

02 April:

• Transaction processing: For MYOB Partners who don't use MYOB AE/AO in their practice, you can now create a client on the Transaction processing page and link them to their MYOB Essentials or MYOB AccountRight file in the one workflow. When creating a client this way, some of their details will be prefilled for you based on their file information. Click Link/Create client for a file to give it a go. Learn more
  
  

01 April:

• MYOB Advisor: For more consistency and clarity, we've simplified the titles of most charts in the advisory report:

  UI Expand
  title Revised chart titles
  Previous chart titles  New chart titles  Revenue summary  Revenue – last 12 months   Cumulative year-to-date revenue vs. prior year  Cumulative revenue - Year to date  Top customers by revenue  Top customers by revenue - Month/Period  Top products by revenue  Top products by revenue - Month/Period  Cash flow summary  Cash flow overview - Month/Period  Cash balance trend  Cash balance - Last 12 months  Cash at Bank  Cash at bank  Cost of sales summary - Last 12 months  Cost of sales - Last 12 months  Operating expenses summary- Last 12 months  Operating expenses - Last 12 months  Top operating expense  Top operating expenses - Month/Period  Operating expenses variation  Operating expenses variation  Accounts receivable breakdown  Aged receivables  Accounts receivable monthly balance  Receivables balance - Last 12 months  Current top debtors  Top debtors by amount owed  Top debtors invoice summary  Top debtors’ outstanding invoices  Outliers report:  Invoices more than 3 months  Largest invoices to pay attention to  Outliers:  Invoices overdue more than 3 months  Largest overdue invoices   Business performance   Performance summary  Business position   Financial position

07 February:

• For each portal you can now choose 'bulk task assignees', that is, the people who should be assigned tasks created from the Transaction processing page. Previously these tasks would be assigned to all full access users.
• The Create task feature on the Transaction processing page has been updated. You can now drag-and-drop files into the task from your PC, and the task will be assigned to 'bulk task assignees' if they have been set up, instead of all full-access users.

29 January:

• The Documents within MYOB Practice and Tasks pages have been updated so you have easier access to the filters. We’ve also added counters to show how many documents (sent/received) or tasks (open/closed) are in the list, based on the selected client, or the filters you’ve applied to the list.
  
  
• When creating a task, or adding comments, you can now attach files by dragging and dropping them from your PC into the task. You can even add multiple files at one time.
  
  
• We’ve updated the MYOB AE/AO document publishing workflow, so it’s easier for you to get docs uploaded to your clients’ portals.
  
  

7 December:

• MYOB Advisor: To make it easier for your clients to review their business expenses, we’ve separated the “Cost of Sales & Operating Expenses Summary” line chart into two bar charts. This also gives you more flexibility as you can hide a chart if it isn’t relevant, or add more recommendations in the additional note field that’s now available.

27 November:

• MYOB Advisor: In response to your feedback, we've tweaked how historical data is presented in the following charts:
  
  • Revenue summary
  • Cash balance trend
  • Cost of sales and operating expenses summary
  • Accounts receivable monthly balance
  For these charts, we'll always show historical results for a full year, either as 12 individual months, 4 quarters, or 6 two-month periods (depending on the report filter you selected). Previously these reports would show 6 months, 6 quarters or 6 two-month periods.

7 November:

• Navigation: If you're not using the new navigation, you'll notice we renamed the "Accounting" dashboard option in the side menu to "Transaction Processing". This more accurately describes what you can do on that page.

29 October:

• Navigation: If you’ve added a few clients to My List, good news! They’ll now show up on each device and browser you log into automatically. Previously, changes to My List were saved only on the device and browser you were using. And the list will be remembered, even if you clear your browser’s history and files.

23 October:

• MYOB Advisor: If you hide a section or chart series and save the client's report, this setting will be remembered, and will apply when anyone creates a new report for that client.

24 September:

• Navigation: The new client-centric navigation experience is now also available to users who don't use MYOB AE/AO in their practice. Click the "Try the new navigation" alert in the top right of the page to give it a go.

3 September:

• MYOB Advisor: Previously for some advisory charts you could choose to hide one or more series when viewing the report (like shown below), but any changes you made wouldn't be saved, and they wouldn't appear in the exported report. Now if you edit a chart, the changes will be saved and reflected in the PDF report.
  Image Added

15 August:

• MYOB Advisor:
  • The & symbol now appears correctly in the PDF reports.
  • To avoid issues while you're editing a saved report, other users in your practice can't view the report until you close it.

9 August:

• Navigation: A new client-centric navigation experience is here for you to try. This is available to all users who run MYOB AE/AO in their practice. Click the "Try the new navigation" alert in the top right of the page to give it a go.

22 June:

• MYOB Advisor:
  • If you upload a client logo or practice logo that's larger than the maximum size of 1MB, you'll now get a message to let you know, rather than the generic "Something went wrong" message.
  • If at the report's end date a client file had inactive accounts with a $0 balance, those accounts won't be included in the report for that period.

20 June:

• MYOB Advisor: We've replaced all "company" references in the advisory report to the more generic term "business", which should be suitable for more of your clients.
• Accounting dashboard: We've updated the subscription pricing details that appear when you create a file, so you can easily see what offers and promotions are available to you, and when the offers will expire.

18 June:

• MYOB Advisor: Advisory report PDFs now support foreign language characters.
• Accounting dashboard: We've updated some terminology relating to businesses and files. For example, to create an MYOB AccountRight or MYOB Essentials file, you now click "Create file" in the Accounting dashboard instead of "Create a business".

14 June:

• MYOB Advisor now available: With MYOB Advisor, you can now produce professional advisory reports in minutes for your MYOB AccountRight and MYOB Essentials clients. Learn more.

Collaboration improvements: We've added some new features that make collaborating with clients more effective and efficient, including the ability to choose who gets notified when clients make comments or approve task documents, and who a task should appear to have been sent by. You can also brand the notification emails, create a practice alias, and select an administrator for each client portal. Learn more

Accounting dashboard improvements: Now you can check that completed periods in your client files have been locked—just look for the padlock icons on the dashboard.Learn more.

The Automated indicator on the Accounting dashboard now goes green when 50% or more of a client's transactions were automatically allocated using transaction rules in the previous 2 months.

You can now create general tasks from the Accounting dashboard, and assign the same task to several clients at once. Learn more

Task reminders: You can now resend a task as a reminder to clients and users who haven't completed their tasks. Learn more

View notification history: For all actions that create an email notification to or from your practice, you can now see when the email was delivered and opened, and if the link in the email was clicked. Learn more

Improvements to Documents and Tasks

• Improved performance: If you have lots of documents and tasks, we'll only list the first few, and then load more as you scroll, so you don't have to wait for the full list to appear before you can access your files or tasks.
  We've also tweaked the way the Status filter works in Tasks, so now you can filter and find what you want faster.

  UI Text Box
  type note
  Due to the change in the way the Tasks page loads, the number of open and completed tasks is no longer shown.

• Easier client filtering: Now you can search for a client by typing their name in the Client filter. We'll list the top 5 search results, and refine the list as you type more characters.
  Image Modified