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https://help.myob.com/wiki/x/xDeEAQ
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Migrating to an AE/AO ledger
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 ledger of the following types to an AE/AO Ledger:
-
AO Classic
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(Australia) Accounts
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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. The migration will always be for the full financial year.
To be able to migrate one of your existing ledgers to an AE/AO Ledger, ensure that you:
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have configured MYOB Logins with authorisation to migrate your existing ledger(s).
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migrate your existing ledger(s) on the last day of the current financial year.
If migration is performed mid-year, the current year transactions are not migrated.
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migrate your existing ledger(s) before you roll-forward to the next financial year.
Depending on the classification, the tax types are determined after the migration of your existing ledger(s):
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Assets - CAP (Australia) / E (New Zealand)
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Cost of Sales - GST
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Equity - NTR
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Expenses - GST
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Income - GST
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Liabilities - NTR
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Other Expenses - NTR
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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.