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This feature is not enabled for all users. If this option isn’t available in the Tasks bar, please contact your client manager to enable this feature for your practice.

You can migrate existing general ledgers of the following types to an AE/AO Ledger:

  • AO Classic

  • (Australia) Accounts

  • MAS

Ledger details, Charts of Accounts and closing balances of the financial year are migrated from your existing general ledger to an AE/AO Ledger. You can migrate either:

  • the full prior-year balances

  • the partial current-year balances, including transactions for any future periods. This migrates transactions that are equal to or greater than the financial year start date as a Journal type.

Use the Select to migrate current year transactions checkbox to choose your preference when migrating data.

To be able to migrate one of your existing ledgers to an AE/AO Ledger, ensure that you have configured MYOB Logins with authorisation to migrate your existing ledger(s).

Depending on the classification, the tax types are determined after the migration of your existing ledger(s):

  • Assets - CAP (Australia) / E (New Zealand)

  • Cost of Sales - GST

  • Equity - NTR

  • Expenses - GST

  • Income - GST

  • Liabilities - NTR

  • Other Expenses - NTR

  • Other Income - NTR.

MAS classifications (Australia)

MAS accounts

Account range

Assets

640 - 869

Cost of Sales

250 - 279

280 - 299

Equity

500 - 639

Expenses

218 - 229

300 - 479

Income

230 - 249

190 - 196

216 - 217

Liabilities

870 - 999

Other Expenses

480 - 499

Other Income

100 - 189

197 - 209

210 - 215

MAS classifications (New Zealand)

MAS accounts

Account range

Other Income

100 - 183

Expense

184

Other Income

185 - 189

Income

190 - 199

Other Income

200 - 218

Income

219 - 249

Cost of Sales

250 - 299

Expense

300 - 480

Equity

481 - 499

Equity (Trust Entities only)

500

Liabilities (Company, Trust, Club or Society entities)

Equity (Partnership, Individual entities)

501 - 549

Equity

550 - 639

Assets

640 - 811

Liabilities

812 - 906

Equity

907

Liabilities

908 - 999

Accounts classifications (Australia)

Accounts accounts

Account range

Assets

800 - 809

820 - 828

829 - 869

892 - 894

700 - 719

870 - 891

895 - 899

650 - 655

658 - 673

656 - 657

674 - 699

739

720 - 738

766 - 769

770 - 790

760 - 765

740 - 759

791 - 794

795

Cost of Sales

11 - 31

32 - 38

39 - 40

105 - 110

130 - 139

111 - 129

140 - 209

Equity

518 - 519

535 - 541

542 - 546

530 - 534

526 - 527

547

548

549

560 - 569

580 - 609

570 - 576

577 - 579

528 - 529

610 - 649

Expenses

41 - 89

280 - 494

520 - 525

Income

1 - 10

259 - 273

210 - 212

213 - 279

90 - 104

Liabilities

900 - 916

917 - 925

926 - 949

955

956 - 958

950 - 953

959

954

975 - 984

960 - 965

966 - 974

985

986 - 988

989 - 993

994 - 998

999

Other Income

495 - 517

The account code and account name will be migrated as one name for Header accounts. For example, Account code - 198, Account name - Savings Account is migrated as 198 Savings Account to the AE/AO Ledger.