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If you've just converted from AccountRight or AccountEdge to MYOB Essentials - welcome aboard! Our Migration Team will have sent you an email confirming the completion of your conversion. If you haven't yet migrated but you'd like to, check out our migration services (Australia | New Zealand)
Here's a quick overview of your new MYOB Essentials software.
You're almost ready
Like any move, there's a couple of things which need tidying up before you can settle in.
We've brought all your transactions from AccountRight or AccountEdge into MYOB Essentials, but you'll need to re-reconcile them. Also, if you used payroll in AccountRight or AccountEdge (Australia only) there's a few things you need to do.
Only re-reconcile transactions that were already reconciled in AccountRight or AccountEdge. If you're not sure what to do with transactions that weren't reconciled in your previous software, check with your accounting advisor.
- In MYOB Essentials, go to the Banking menu and choose Bank reconciliation. The Bank reconciliation page appears.
- Select the account you're reconciling in the For account field and select the Reconciliation date. If needed, you can find these details in your AccountRight or AccountEdge company file.
All transactions for the account will be listed with a status of Unreconciled (
). - Select all transactions to be re-reconciled. If you had transactions in your company file that weren't reconciled before moving to MYOB Essentials, don't select these. You can find your unreconciled transactions in AccountRight or AccountEdge on the Reconcile Accounts window.
- Click Complete reconciliation.
Payroll is a complex area and no two payroll systems are the same. This means some payroll details couldn’t be converted from your previous software to MYOB Essentials, or what was converted needs some attention.
Before you can use payroll in MYOB Essentials, complete these 4 tasks:
| Task | Details |
|---|---|
1. Check employee super funds | Your employees' super fund details have been converted from your previous MYOB software, but it's a good idea to check these details on the Superannuation tab of each employee's record in MYOB Essentials. To learn more, see Set up employees for paying super. |
2. Re-enter pays | Your payroll transactions for the current payroll year were converted to MYOB Essentials as journal entries. This means you need to re-enter these as payroll transactions in MYOB Essentials. This will ensure your payroll reports, including PAYG payment summaries, are accurate for the current payroll year. There's a couple of ways you can do this:
To learn about completing a pay run in MYOB Essentials, see Do a pay run. |
3. Enter employee opening leave balances | The pays you entered in the previous task will have included leave taken and accrued for the current payroll year. However, you also need to enter the opening leave balances for the current payroll year. This will ensure your employees' available leave balances in MYOB Essentials are correct. To help with this task:
|
4. Delete converted pay journal entries | Once you've completed the above tasks, you can delete the converted payroll journal entries. This ensures your payroll data isn't duplicated. Access the journal entries in MYOB Essentials via the Settings To delete a journal, click the journal to open it then click Delete. To learn about journal entries in MYOB Essentials, see General Journals. |
FAQs
There's a glitch in some internet browsers which stops multiple pages of transactions from showing. To fix it, scroll to the bottom of the Bank reconciliation page and change the rows per page from 250 to 100 then back to 250. Additional pages will now be shown.
If a transaction on the Bank reconciliation page has a status of 
(Autoreconciled on a later date), this usually means the transaction has been automatically matched by a bank feed. If the match is wrong, you can undo it then manually match it to the right transaction.
Go to the Banking menu and choose Bank transactions. Click the 
icon next to the automatched transaction to unmatch it. Once you've unmatched the transaction, you can match it to a different transaction, or allocate it to an account.
Due to the nature of the conversion process, BAS/GST reporting in MYOB Essentials won't be accurate for periods prior to the conversion. It'll be accurate from the conversion date onwards.
We recommend you have your MYOB Essentials file verified by an accountant or BAS agent. Learn how to invite your accountant to access your file.
Also, manual journal entries may have been entered into your file to ensure your GST collected and paid reconciles as of the conversion date.