Update to the
AccountRight additional
file discount

Announcement

View MYOB Plans

You can use our product comparison chart to help you decide whether moving to another subscription plan is right for you.

Things to consider when making your choice:

  • What features do you need? MYOB has a suite of solutions that fit buisnesses of all sizes. However there are some AccountRight features that may prevent your migration if you’ve used them previously. View our FAQ’s for more information.
  • Learning new tools. MYOB Business has many of the same features as AccountRight but being a web app it has a different look and feel. Consider if you’re prepared for that shift, or if moving to another version of AccountRight is the better choice.
  • Perpetual licenses. If you have a perpetual licence for your AccountRight product (i.e. you previously paid an up-front one off fee to purchase the AccountRight product and have an ongoing right to use it), you can transfer this licence to a lower version of AccountRight. Your perpetual licence cannot transfer to MYOB Business.  MYOB Business is a subscription based licence, and you need to pay a monthly subscription fee to continue using the product.
For more information around migrating your files please view our Frequently Asked Questions.
Product AccountRight
Standard		 AccountRight
Plus		 AccountRight
Premier		 Business
Lite		 Business
Pro
Monthly base subscription fee*

* Additional fees apply for use of
Premium Features and integrated services.		 $81
per month		 $141
per month		 $177
per month		 $31
per month		 $58
per month
Standard Features
Track Income and Expenses Yes Yes Yes Yes Yes
Unlimited Invoice / Quotes Yes Yes Yes Yes Yes
Accepts Payments* Yes Yes Yes Yes Yes
Tracks GST and Lodges BAS Yes Yes Yes Yes Yes
Enter Bills and Purchases Yes Yes Yes Yes Yes
Scan and Store Receipts Yes Yes Yes Yes Yes
Manage purchase orders Yes Yes Yes No Yes
Bank Account
Connect Bank Accounts Connect unlimited
bank accounts**		 Connect unlimited
bank accounts**		 Connect unlimited
bank accounts**		 Connect up to
2 bank accounts		 Connect unlimited
bank accounts
Payroll Included Payroll
Unlimited payroll at no
extra cost		 Included Payroll
Unlimited payroll at no
extra cost		 Optional Payroll
$1.50 / month for each
employee, up to 2 employees		 Optional Payroll
$1.50 / month for each
employee, with no limits
Single Touch Payroll No Yes Yes Yes Yes
Automated Superannuation
Contributions		 No Yes Yes Yes Yes
Onboard employees remotely No Yes Yes Yes Yes
Automated Rosters No Yes Yes Manual Rosters Yes
Automated Timesheets No Yes Yes Manual Timesheets Yes
Job tracking No Yes Yes Yes Yes
Insights and Reporting Advanced Reports
and Analytics		 Advanced Reports
and Analytics		 Advanced Reports
and Analytics		 Tax and Basic
Management Reports		 Advanced Reports
and Analytics
Tax & GST Reporting Yes Yes Yes Yes Yes
Profit & loss reporting Yes Yes Yes Yes Yes
Cashflow reporting Yes Yes Yes Yes Yes
Budgets Yes Yes Yes No Yes
Inventory
Standard Unlimited items
1 location
Manage orders
Manage suppliers
Run stocktake		 Unlimited items
1 location
Manage orders
Manage suppliers
Run stocktake		 Unlimited items
Unlimited locations
Manage orders
Manage suppliers
Run stocktake		 Up to 10 items
1 location
Manage orders
Manage suppliers
Run stocktake		 Up to 10 items
1 location
Manage orders
Manage suppliers
Run stocktake
Premium Advanced Inventory
Management		 Advanced Inventory
Management		 Advanced Inventory
Management		 Premium Inventory
Unlimited Items
$22.00 per month		 Premium Inventory
Unlimited Items
$22.00 per month
Advanced Features
Bill by time Yes Yes Yes No No
Budget by Job No Yes Yes No No
Manage multiple currencies No No Yes No No
Multiple locations for
stock storage		 No No Yes No No
Foreign Bank account numbers No No Yes No No

Your migration questions answered

Moving to another version of AccountRight

How long will the process take?

If you shift to another version of AccountRight, there’s no need to send your file in. The migration will be completed within 3 weeks. You’ll be able to continue working on your file during the changeover process.

Can I still work on my file?

If you submit a request to move to another version of AccountRight, you can continue working on your file while we action your request. You won’t need to re-enter data after the migration is complete.

What information is brought across when you move to another version of AccountRight?

Restrictions apply. Refer to the table below to see if you can migrate a file.  If the file has previously used features marked with an  x  below, you will not be able to move to the lower product tier. For example, if your client is currently using AccountRight Plus and they have also used Payroll, they cannot downgrade to AccountRight Standard.

Feature AccountRight Standard AccountRight Plus
Payroll Cross  
Multi-Currency Cross Cross
Multi Location Stock Cross Cross

 

View the MYOB Plan and feature comparison chart above for more information about product functionality. 

Are there any steps I need to take after I move to another version of AccountRight?

If you’re moving your AccountRight product to a different tier, there’s no additional setup required.

Moving to MYOB Business

MYOB Business has many of the same features as AccountRight but being a web app it has a different look and feel.

Changing products can be disruptive to your clients’ business; and may require learning a new interface and new product workflows.

Consider if your clients are prepared for that shift, or if moving to another version of AccountRight is the better choice.

How long will the process take?

Once you submit a request form, you’ll get an email with instructions to upload your file. Once your file has been uploaded, it will take approximately 3 business days for us to complete the migration. If an issue arises which impacts our ability to migrate your file in this timeframe, we’ll contact you as soon as possible to let you know.

Can I still work on my file?

Any changes made to your file after you have submitted your backup will not be brought across and will need to be re-entered into MYOB Business after the migration is complete.

What information is brought across to MYOB Business?

Your data will be seamlessly migrated across, subject to the exceptions outlined below.

MYOB Business Lite or Pro currently does not feature category tracking so if your clients used this function in MYOB AccountRight, this category information will not be migrated.

If your clients are migrating to MYOB Business Lite, Sales Orders will need to be converted to Invoices prior to submission. Sales Orders are not supported in MYOB Business Lite and will not be migrated.

Professional and Miscellaneous transaction layouts will be converted to Service layout during the migration process. MYOB Business only Supports Service and Items transaction layouts.

Time billing invoices are not supported in MYOB Business, cannot be converted to Service layout, and will become read-only during the migration process – All time billing transactions will need to be finalised prior to migration.

Inventory locations are not supported in MYOB Business. If your clients have used multiple inventory locations in the data file, these will be consolidated into a single location during migration.

Customised forms and reports are not migrated.

Item and card images are not migrated.

Please note: If you've used multi-currency function in MYOB AccountRight, then regretfully we won’t be able to migrate your data as this feature is currently not available in MYOB Business. Please contact us to discuss the product options available that will best suit your needs.

Do I need to do anything to prepare my file?

Before you submit your request, there are a few things you will need to do within the old file to prepare it for migration and ensure no transactions are lost:

  1. Make sure all users stop entering data in your old file
  2. The datafile you supply will need to be in the current or previous financial year. If your datafile is sitting in a financial year prior to this, the Migration Team will need to roll your financial year for you. For more information on closing a financial year click here.
  3. Make a backup file.
Are there any steps I need to take after I move to MYOB Business?
  1. You’ll need to notify the ATO of your new BMS ID for services that connect to the ATO such as Single Touch Payroll. We’ll send you an email with more information once your migration is complete.
  2. Custom forms and templates (such as an invoice template) cannot be migrated and will need to be re-created in MYOB Business. See the article set up your sales templates for more information.
  3. You'll need to re-invite any users to your MYOB Business file. Find out how here.
  4. Bankfeeds and InTray are transferred in the migration. Any additional live services such as Online Invoice Payments will need to be set up again in your new MYOB Business file.
Will the add-on software integrated with my AccountRight files work with MYOB Business?

If you currently integrate your AccountRight files with add-on software, your connection may need to be re-configured after you move to MYOB Business. Please reach out to your add-on software provider for help in updating your connection to MYOB.