MYOB product updates for Advisors — July

Find out what’s arrived in MYOB products across small business and practice solutions in July 2021.

Halfway through the year and MYOB’s product releases are ramping up.

With the latest AccountRight, MYOB Practice feature enhancements as well as more time saving efficiencies in MYOB Essentials, July was a busy month at MYOB.

Read on to find out what new features were delivered to MYOB software throughout the month of July.

Small business solutions

MYOB Essentials & AccountRight Browser

MYOB Essentials invoices now come with a unique link that can be easily shared with customers

Users simply need to click ‘View PDF‘ in an invoice and copy the link. It can then be shared however the user chooses to communicate with their customer.

For more information, please refer to MYOB’s Help pages.

MYOB Essentials users can now also apply a filter on the ‘Bank Transaction’ screen that remains in place even if they navigate away from the page or log out of the file.

This means:

• Time savings – no need to keep re-applying the filter settings and a more efficient way to find transactions
• Better user experience – less disruption when a user is navigating between the bank transactions screen and other parts of their software

MYOB Direct Debit (Australia-only)

MYOB Direct Debit makes it simple for users to set up recurring payments with their customers.

This feature is ideal for businesses who issue recurring invoices or who run a subscription-based business. It’s also great for you if you’re running your clients’ software as an advisor.

MYOB Direct Debit allows the user to:

• Set up recurring payment plans with their customers
• Save time automating invoices
• Collect payments more easily

It also auto reconciles once the invoice is paid and closes the transaction off, so no more repetitive invoicing and reconciliation.

Direct Debit is currently only available to customers using MYOB Essentials (new) with Online Invoice Payments enabled.

For more useful information: MYOB Help

AccountRight 2021.4

AccountRight 2021.4 is now available, and this release is all about performance improvements and bugfixes.

Updates include:

• Ability to select a form when sending an invoice
• A new Direct Debit request button into the Sales command centre
• Improved employee names in payslips (Australia-only)

For all features and release notes please refer to the ‘What’s new in AccountRight’ page.

Practice solutions

Tax (New Zealand)

It was been a big month for Practice Tax in New Zealand, through July the following features were released.

• Send tax notices in bulk
• Export Compliance list and Tax notices data to Excel
• Automatically create tax workpapers when prepopulating returns
• Precise calculations when distributing income between partners in IR7 returns
• Improved and resolved HotFixes for Tax notices and returns

For all July release notes, please click here.

Tax (Australia)

Through July, MYOB Practice saw a new document feature released as well as minor improvements to the Search, filter and change display names.

You can keep track of all Practice updates here.

To stay on top of product releases or enhancements visit the MYOB Showcase hub.

If you were unable to attend MYOB’s recent Showcase event, this hub will help you find all the detail on everything you can expect to see from us in Q3, as well as a run-down of everything we have delivered throughout Q2.