When you connect a Great Southern Bank Business + bank or credit card account to MYOB, information from that account is sent by Great Southern Bank Business + straight into your MYOB business. These bank feeds save time on your data entry. Tell me more about bank feeds.
To connect your Great Southern Bank Business + account, you need:
to ensure bank feeds can be set up for your account type (check the list)
access to Great Southern Bank Business + internet banking. If you’ve not signed up to Business +, you can create your business profile and open an account in just a few minutes.
to be the owner of the MYOB Business file (this is usually the person who set up your MYOB subscription) or an
There are two parts to connecting your Great Southern Bank Business + account:
1. Apply Start the application process in your Great Southern Bank Business + internet banking to connect the account to your MYOB Business file. | 2. Link Once your Great Southern Bank Business + account is connected, link it to a category in MYOB so that your bank feed transactions start appearing. |
Need to connect more bank accounts?
The number of bank accounts you can connect depends on your plan. Sign into My Account > Manage my product to see your current limit or upgrade your plan.
Connect a Great Southern Bank Business + account
Follow the steps below to apply for a Great Southern Bank Business + bank feed and link it to a category in your MYOB Business.
To connect your Great Southern Bank Business + account
Log in to Business+ online.
Go to Settings >Bank feeds.
In the MYOB section, click Connect. MYOB Business opens. If you have more than one MYOB Business file, choose the one you want bank feeds for.
In MYOB Business, go to the Banking menu and choose Banking hub.
Click Connect bank or credit card.
Select the type of account you're connecting (Bank account or Credit card account).
Choose Great Southern Bank Business + from the list of financial institutions.
Read the displayed information and accept the terms and conditions.
Select the option I confirm that and click Next.
Go back to the Settings > Bank feeds page of Business +.
Click the drop-down of each bank account you want to connect and choose an MYOB account (or ‘category’ as they’re called in MYOB Business) to link it to. You can also choose to create a new MYOB account, or, if you don’t want to set up a bank feed, choose Don’t connect this account.
Can't see the Great Southern Bank Business + account you want?
See 'Can't connect an account?' below for a solution.
Acknowledge the terms and conditions and click Connect. You’ll see a list of the accounts you’ve set up bank feeds for.
Click Return to bank feeds page to open the Banking hub in MYOB Business.
Can't connect an account?
If you’re not able to set up bank feeds for an account, this might be because:
It’s not a supported account type. (check the list of supported accounts). However, depending on the sort of account it is (for example, a trust account), you may be able to request Great Southern Bank Business + to add it to your internet banking and then you’ll be able to connect it to MYOB.
You’ve reached the limit of the number of accounts you can connect to MYOB.
You can either
upgrade your MYOB subscription to add more – sign into My Account > Manage my product to see your current limit or upgrade your plan,
or cancel an existing bank feed on the Settings > Bank feeds page of Business + by choosing Disconnect. Then, reapply for the new bank feed.
What happens next?
When your bank feed has a status of Bank Feed Ready on the Banking hub page and you've linked an MYOB category to it, your bank transactions will automatically be fed into MYOB at the frequency specified by Great Southern Bank Business + for your account type (check the frequency here).
Where possible, MYOB will automatically match bank transactions to MYOB transactions. Where no match is found, you can match and categorise transactions manually. You can also create rules that will tell MYOB what to do if a bank transaction matches predefined criteria. Find out all about Working with bank transactions.
The first bank feed you receive will have transactions dated from when your bank feed was approved. Any transactions that occurred before you set up the bank feed up won’t be included, but you can import these transactions from your bank statements.
FAQs
How do I connect my Great Southern Bank Business + account if my accountant is the person who has set up my MYOB subscription?
If your accountant set up your MYOB subscription and MYOB Business file (so they are an Owner user type in the file), and you’re not set up in the file to connect your Great Southern Bank Business + bank account, they can invite you into the file as an Online Admin user (or, if you’re accessing the file as a file user, they can change your User type to Online Admin).
You can then follow the steps in ‘To connect your Great Southern Bank Business + account’ above to connect your account.
How long will it take to process my application?
Great Southern Bank Business + applications are processed instantly. You can see the status of your bank feed applications on the Banking hub page.
Once your bank feed has a status of Bank Feed Ready and you’ve linked it to an MYOB category, you’ll start receiving bank feeds from your Great Southern Bank Business + account.