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This information applies to MYOB AccountRight version 19. For later versions, see our help centre.
https://help.myob.com/wiki/x/6Quc
ANSWER ID:9195
This support note provides the cut-off times for transaction processing using M-Powered services. This information is correct as at 22/08/2011. Please check our website to confirm these details.
Payments and transfers
The following cut-off times apply to payments and transfers made through M-Powered Services. Payments and transfers made prior to these times will be effective that day. If submitted after these times, on weekends or on public holidays, payments and transfers will be processed the next business day.
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M-Powered Superannuation |
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Employee contributions |
3:30pm each business day |
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M-Powered Payments |
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Commonwealth Bank customers |
5:30pm each business day |
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Westpac customers |
4:45pm each business day |
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ANZ customers |
4:45pm each business day |
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All other banks |
5:30pm each business day |
The following cut off times applies to customer payments made through M-Powered Invoices. Payments made prior to these times will be effective that day. If submitted after these times, on weekends or on public holidays, payments will be effective the next business day. Payments are sent to you on the day following the effective date.
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M-Powered Invoices |
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Postbillpay |
5:00pm each business day |
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BPay |
6:00pm each business day |
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Credit Card by internet |
9:00pm each business day |
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Credit Card by phone |
9:00pm each business day |
Statement information
Bank statement information is available each day following a business day. For example, Monday's statement information is available Tuesday morning.
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M-Powered Bank Statements |
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Bank statement information |
9:00am each day following a business day |
Advice notification
Every business day MYOB Australia provides an email notification of all payments made by customers the prior day. For example, information on payments made on Tuesday will be in the Payment Advice delivered Wednesday.
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M-Powered Invoices |
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Payment Advice |
3:30pm business days |