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https://help.myob.com/wiki/x/FwJXAw
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Your business settings, like your organisation's name, contact details and financial year info are stored on the Business settings page. Some of these details will appear on your business documents, including invoices, statements and, if you're in Australia—your pay slips.
This is also where you can choose your GST settings, including your business's accounting basis and whether or not you're registered for GST.
You might have entered some business details when you started using MYOB. If you need to add more details or change what's there, a user with Administrator access can do it at any time.
To enter or edit your business settings
Click your business name and choose Business settings. The Business settings page appears.
In the Business details section, enter your organisation's name and GST details.
In the Contact details section, enter your business's contact details.
Confirm your financial year and GST settings as described below.
When you're done, click Save.
Your business's financial year settings relate to the fiscal calendar used by your business. This information is typically set up when you start using MYOB.
These details can be changed up until you start a new financial year. This is handy if you've started using MYOB in the current financial year but you haven't finalised your accounts for the previous year, or you need to import a prior year's bank statement.
Click your business name and choose Business settings. The Business settings page appears.
In the Financial year section, confirm or update the details relating to your business's financial year.
Need to start a new financial year? See our end of year topics for details (Australia | New Zealand).Changing the Current financial year or Last month in the financial year can affect your business's reporting periods. Also, changing the Opening balance date may affect any account opening balances you've entered. So if you're not sure which dates to choose, check with an accounting advisor.- In the Lock date section you can set a date to prevent transactions before this date being edited or deleted. For more details see Locking transactions.
When you're done, click Save.
To enter or edit your GST settings
Click your business name and choose Business settings. The Business settings page appears.
In the Business details section, enter your organisation's name and GST details.
In the Contact details section, enter your business's contact details.
Confirm your financial year and GST settings as described below.
When you're done, click Save.
FAQs
How do I change the last month in my financial year?
If you've started a new financial year in MYOB, the last month in that financial year is locked. The only way you'll be able to change it is to start a new financial year.
Check with your accounting advisor!
When you change your last month you shift your 12-month financial year period. As such, you'll need to consider when you should make this change and any reporting implications it might have. We recommend discussing it with your accounting advisor before making any changes.
For all the details see Changing the last month of your financial year.
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