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MYOB Business release notes

Last updated 3 March 2025

Each month we release improvements, new features and bug fixes to MYOB Business. You'll also notice these changes if you use AccountRight in a web browser. If you use AccountRight desktop software, see what's new.

See what's new without leaving MYOB Business

Click the help icon and look for the What's new link at the bottom of the help panel.

What we released in February

Payroll

Helping you stay compliant with Single Touch Payroll Phase 2 (Australia only)
STP Phase 1 was switched off 27 February. So, if you haven't switched to STP Phase 2, you need to do so now to continue reporting to the ATO. How to move

See outstanding PAYG withholding at a glance (Australia only)
There's a new widget on the dashboard that shows how much PAYG tax you've withheld from employee pays. This handy snapshot means you no longer need to go searching for this info when it's time to lodge your BAS.

PAYG Withholding tile on the Dashboard

Suppliers

Wise bank account numbers are now supported for suppliers (New Zealand only)
You can now enter a Wise bank account number in the supplier's contact record.

Invoicing

  • Get paid faster
    Payment methods, like bank deposit and cheque, are now shown on customer's statements, making it easier for them to pay your invoices.

    Payment methods on customer statement

  • (Online Payments, Australia only) More control over payment methods
    You can now enable or disable BPAY payments on recurring invoices.

    You can now enable or disable BPAY payments on recurring invoices

Bug fixes

We fixed an issue where the bank reconciliation would freeze when trying to reconcile too many transactions. You'll now see a helpful message telling you to choose an earlier reconciliation date to reduce the number of transactions.

January release

Payroll

Quicker employee setup (New Zealand only)
If your business is set up for payday filing, new employee details are now automatically sent to Inland Revenue. This means you no longer have to also set up new employees in your myIR portal. There's a new tab in the Payday filing page to see your employee submissions. More about sending employee details to IR.

Example payday filing page showing the new employee details submissions tab

Security

Helpful nudge in reports before screen locks saves you having to sign back in
Five minutes before the inactivity screen lock, a message will appear at the top of any report you have open. This gives you a chance to resume working before the screen locks.

Example prompt in reports before screen lock

Banking

Helping you keep bank details up to date
You'll now see reminders in the Banking hub if any details are missing for your bank accounts, like the financial institution. This helps to keep your account details up to date and provides better visibility of your bank accounts in the one place.

Update bank account details message

Connect your Great Southern Bank Business + accounts (Australia only)
If you have a Great Southern Bank Business + account, you can now set up bank feeds for it in MYOB Business. You can apply via your internet banking. How to apply

Example bank feed set up for great southern bank

Releases from previous years

To learn about changes to MYOB Business in previous years, visit MYOB Business release history.