Statutory Reporter Formats—version 16 New Zealand
Release date—12 February 2019
- We've added a new account group folder called Partnership profit distribution under Profit distribution to owners. This allows you to add, edit and delete account code ranges in these groups.
- We've updated the wording on the Farm trading account to correctly describe the profit/loss from Livestock and farm produce.
- We've updated reports to refer to singular or multiple directors and trustees as appropriate.
- We've added the word 'Less' before Current liabilities in the Cash and cash equivalents note to make it clearer.
- We've fixed the format inconsistencies between the Summarised departmental income statement and the Statement of profit or loss.
- We've removed the line 'pursuant to section 120 and 122 of the Companies Act 1993' in the Minutes of the AGM for the entity type 'Company'.
- We've updated descriptions for many account groups in the Account Group allocation window. We've included information on the purpose of each group, where it's used in reports and which accounts should be allocated.
- The Tax note and Imputation credit account note have been enhanced. They appear correctly where dividends received are recorded in the Income statement exclusive of Imputation Credits.
- We've created 2 new account groups under Other financial accounts > Tax note:
- Imputation credits added to taxable income
- Imputation credits utilised this year
If "Dividends received" include imputation credits, the two new groups won't be used. - We've updated non-transaction data fields in the Compilation report. Independence and Departure from framework are now checkboxes rather than text entry fields.
- Select Independence to insert a new blank paragraph into your Compilation report for customisation.
- Select Departure from framework to insert the new paragraph into your Compilation report.
- We've updated the description for the "Movement in reserves" in the Statement of changes/Movements in equity.
- We've fixed the calculation of Total equity including funds settled in the Equity section of the Balance Sheet.
- We've updated the Borrowings note. If there are no non-current borrowings, the heading of the current portion will say "Current portion" instead of "Less current portion"
- Download MYOB_AE_StatutoryReporterFormats_5.4.29_NZ_Update.exe and save it to your computer.
- Double-click on the file. The InstallShield Wizard for MYOB Statutory Reporter Formats appears.
- Click Next.
- Choose I accept the terms in the licence agreement then click Next to install. The installer attempts to connect to the SQL database.
- Click Next to accept the default installation directory.
- If the connection is successful, the Ready to upgrade the database window displays. Click Install. If the connection fails, continue to Step 6.
- Select the MYOB database from the list and choose Server authentication using the Login ID and password below.
- Enter the Login ID and Password for the SQL System Administrator ('sa' user).
- Select Yes to backup the database now and select Backup Recommendation Acknowledged. To change the backup directory, click Change and choose a location to save the backup.
- Click Upgrade DB. The installation begins.
- Download the MYOB_AO_StatutoryReporterFormats_5.4.29_NZ_Update.exe and save it to your computer.
- Double-click on the file. The InstallShield Wizard for MYOB Statutory Reporter Formats appears.
- Click Next.
- Select the checkbox I have read and accept the licence agreement, then click Next to install. The installer attempts to connect to the SQL database.
- If the connection is successful, the Ready to Install dialogue displays. Click Install. If the connection fails, go to Step 5.
- Choose Server authentication using the Login ID and password below and enter the Login ID and Password for the SQL System Administrator ('sa' user).
If the connection is successful, the Ready to Install screen displays. - Click Install to start the installation.
