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The new AccountRight is built from the ground up to give you the time saving, cashflow and collaboration benefits of online accounting, but with the flexibility to work online or offline. You also get to be compliant with tax changes, such as Single Touch Payroll, as well as get regular updates giving you new and updated features.
If you're moving from AccountRight v19 (or earler) to AccountRight 2018, this information is for you. If you're updating AccountRight 2011 or later, check out 'Getting the latest version' instead. To check your current AccountRight version, go to the Help menu and choose About AccountRight.
Upgrading is pretty easy. Once you've downloaded the new version, you find your company file and send it to us–we'll do the rest to upgrade your file. Watch this video:
- Download the latest version (AccountRight subscription required). If you don't have an AccountRight subscription for an online company file, visit our MYOB website (Australia | New Zealand) to purchase one.
- Click the installer file you've saved to your computer to install the new AccountRight version. For more information about installing AccountRight, see Install AccountRight.
MYOB can take the hassle out of upgrading—you can send your file to us and we'll put it online for you and let you know when it's ready to use. Upgrades usually take a couple of hours (depending on your company file size), and you can't make changes to your file during this time, so you should do it outside of business hours.
If you don't have an internet connection, or a subscription for an online file, you can upgrade the file without putting it online—but this does mean you won't have access to key features.
- Start AccountRight (look for the new AR shortcut icon on your desktop or in the Start menu). The Welcome window appears.
- Click Upgrade a company file. The Upgrade Assistant appears.
- Click Continue and then click Browse to locate and select the file you want to upgrade.
Can't find your file? Try looking in your AccountRight v19 installation folder, like c:\Plus19 or c:\PremierClassic. Look for a file with a .myo or .prm extension. If you can only find a .MYOX file, it means it's already upgraded. Learn how to open a company file. Still having trouble? Get help finding your company file.
- If the file you're upgrading is password-protected, type in the password and click Continue.
- Sign in to AccountRight with your MYOB account details and then click Upload.
- Once your file has uploaded, you can close AccountRight while we do the rest.
- We'll email you when the upgrade's complete, or if we come across any issues along the way.
More information about the new AccountRight
The new AccountRight is accounting software designed to give you the benefits of online accounting, combined with the flexibility to work online or offline. It consists of 4 product levels:
You upgrade to the product level that corresponds to the desktop product you were using, for example, BusinessBasics to AccountRight Basics, Accounting to AccountRight Standard, etc.
There's a lot that's similar to your old software as well as features that are totally new if you've come from Classic AccountRight.
NEW! Work online or offline
NEW! Link to your bank account ('bank feeds')
|NEW! Collaborate with your accountant, bookkeeper and staff on the same data in real time|
|NEW! Work anywhere, anytime, that suits you|
NEW! Hook up your data to a range of powerful add-ons
NEW! Get paid faster by taking payments online (includes VISA, MasterCard or BPAY payments)
NEW! Send emails directly from AccountRight without needing Microsoft Outlook
NEW! Industry-best security (two-factor authentication)
NEW! Invoice on the go with our free mobile app
Calculate & track GST
Manage quotes, invoices & statements
Track jobs & manage inventory
NEW! Store your bills online
Create purchases & manage suppliers
NEW! (Australia only) Be compliant for Single Touch Payroll reporting
(Australia only) Pay super directly from AccountRight
Bill by time
Pay employees & track leave
Work with Multiple-currencies
Some features require an AccountRight subscription, and some features are only available if your file’s online. To learn what AccountRight can do for your business, download a trial, or to subscribe, visit the MYOB website (Australia | New Zealand).
What does it cost to upgrade? If you have an AccountRight subscription, you're entitled to upgrade to the latest version. For pricing and other subscription info, visit the MYOB website (Australia | New Zealand).
Check our list of things you should know before upgrading, and complete any tasks that apply to you.
How many company files can be put online?
An AccountRight subscription enables AccountRight Basics, Standard and Plus users to put 1 file online. AccountRight Premier subscribers can move two files online.
To buy additional company files or add online services to another company file, please call MYOB on 1300 555 151 (Australia) or 0800 60 69 62 (New Zealand).
You can also upgrade additional files without putting them online–but you won't have access to online services for those files.
You can't upgrade if you're using some features
If you were using the following Classic AccountRight features, you're not able to upgrade just yet because these features aren't yet available in the new AccountRight:
- M-Powered Payments
- multi-currency, negative inventory or multi-location stock tracking
- add-ons that require ODBC. Are your add-ons compatible?
MYOB is working on building out features like multi-currency in the new AccountRight. We'll let you know when they're available so you can move. If you use ODBC add-ons, we recommend you contact the add-on provider to check if the add-on can work with the new AccountRight.
Can't upgrade and need to be compliant for Single Touch Payroll (STP)? Don't worry, we've got your back. We've worked with the ATO and you've been granted a deferral from STP reporting until 31/5/2019. We'll build out the features you need to move in the meantime, such as multiple currency. More details about this deferral will be provided soon. See Single Touch Payroll.