In addition to the Basic setup tasks listed on the dashboard, there are a few more things you might want to set up in MYOB Essentials to make sure your business is set up correctly, and to help you manage it more efficiently.

These tasks include:

• Set up bank feeds—Link your bank accounts to MYOB Essentials so that transactions are brought in automatically, direct from your bank. This saves you heaps of time in data entry and ensures that your MYOB Essentials bank transactions match those on your bank statement. See Setting up bank feeds.
• Set up payroll—If you use the payroll module, you need to choose which account you'll use to pay wages before you can do your first pay. It's also a good idea to review the other payroll settings, such as choosing what information will display on your employees' payslips. See Set up payroll. 
  You'll also need to set up your employees. See Set up employees.

• Enter unpaid invoices and bills—Enter any unpaid invoices or bills dated from before you began using MYOB Essentials. You'll need to re-enter the details of each original invoice or bill as a new MYOB Essentials invoice or bill. See Creating, editing and deleting invoices and Creating, editing and deleting bills.

  You can backdate unpaid invoices and bills, but remember to include their amounts in the relevant accounts' opening balances. See Entering opening balances.

  Note that backdated invoices and bills won't affect the opening balances of your accounts. However, payments applied to these transactions will affect your current bank balance.

  If you need help with this task, speak to your accountant or bookkeeper.

  You must complete this task

  To ensure that your entries and balances in MYOB Essentials match the records held by your bank, make sure you complete this task if you have any unpaid invoices or bills as at the date you switched to MYOB Essentials.
• Set up your contacts—Store the details of your customers, suppliers, employees and personal contacts, making it easy to keep track of who owes you money, and helping you to keep in touch with them whenever you need to. See Contacts.
• Set up your items—Set up the items and services that you regularly buy and sell, making it easy to quickly enter them on transactions. See Items.
• Add your logo—You might already have chosen an invoice template and colours matching your brand. If you haven't done so already, it's a good idea to also add your company's logo to MYOB Essentials. This ensures it appears on your invoices and quotes, and helps them to look more professional. See Logo.