Get started

HTML Wrap

class	section group

HTML
<span data-swiftype-index="true">

HTML Wrap

class	col span_3_of_5

If you've received an email or in-product message saying that your client's MYOB Essentials business will be soon upgraded, you should work with them to check for and complete any saved bank reconciliations.

This is because only completed bank recs will be migrated during the upgrade.

UI Text Box

type	note

In MYOB Essentials there's the option to select transactions for reconciliation and save those selections. However, these saved recs won't be migrated during the upgrade if they're not completed, meaning your client will need to re-check and reselect transactions in their upgraded software.

Here's how to work out if there are bank recs your client needs to complete:

UI Expand

expanded	true
title	Check transaction processing

Check Transaction processing to see how many transactions remain to be allocated and reconciled.

Go to partner.myob.com and click Transaction processing in the top menu bar.
Check the coding status of the business to be upgraded. Note the following about the coding indicators:

- Black - This indicates there are transactions that have not yet been coded in this calendar month for all or some of your client's bank or credit card accounts. We recommend that you code these transactions to get them ready for reconciliation.
- Green - This indicates that you have coded all of the bank and credit card transactions but not all of the bank or credit card account transactions have been reconciled yet for that calendar month. We recommend that your client completes as much of their bank reconciliation as possible prior to migration in line with your established processes and agreements with your client.

- Blue - All transactions have been reconciled for your client's bank and credit card accounts for that calendar month.

UI Text Box

size	medium
type	note

Even if all transactions have been reconciled, you'll still see a green indicator until the end of the month – confirm with your client that reconciliation is complete.

Excerpt

Complete the reconciliation

If your client has a saved reconciliation, advise them to complete as much of it as they can before the upgrade. They just need to follow the steps as they normally would in MYOB Essentials to reconcile with bank feeds or reconcile using a bank or credit card statement, ensuring that they click Complete reconciliation after selecting all transactions.

HTML
</span>

HTML Wrap

width	15%
class	col span_1_of_5

HTML Wrap

float	left
class	col span_1_of_5

Panelbox

name	magenta
title	In this section

HTML Wrap

class	sidebarlinks

Children List

	Online files
	Online files
showRoot	true

HTML

<span class

academyBanner

Image Removed

="academyBanner"><a href="https://academy.myob.com/course/view.php?id=450"><img src="https://help.myob.com.au/images/trainingad/MYOB-Academy-Help.png" width="100%" target="_blank" alt="Take the free online course at MYOB Academy"></a></span>

Page tree

Versions Compared

Old Version 27

New Version Current

Key

Complete the reconciliation

Was this information helpful?

Why not?

How would you improve this page?

Thanks! Anything you'd like to add?

Get started

Clients

Client files

Tasks

Documents

Tax