Recent Posts & Replies
Starting Solo - last 7 months entries
So I've just started using solo. Whats the best way to enter all my expenses and income from the last 7 months? I have all my receipts and my income recorded on a spreadsheet. Do I need to enter each one manually? Is there an easier way like just entering a monthly total for each month of expenses and income?
Holiday leave accrual
Hi there, I normally pay my part-time employees on a fortnightly basis. Recently an employee brought to my attention that her Holiday Leave Accrual year to date had changed over 1 pay period from positive+3.11 to negative-19.51 hours. The strange thing is that in that period, she hasn't claimed any holiday leave. Every pay period, she accumulates holiday leave by 2.46 hours. Here are the holiday leave accrual figures: 6/1/25 - 19/1/25 Holiday leave accrual YTD +0.65 20/1/25 - 1/2/25 Holiday leave accrual YTD + 3.11 3/2/25-15/2/25 Holiday leave accrual YTD -19.51 17/2/25-1/3/25 Holiday leave accrual YTD -17.05 3/3/25-15/3/25 Holiday leave accrual YTD -14.58 In addition, I try not to allow my staff to claim leave in advanced, hence not allowing them to get into negative territory for their leave entitlements. Can someone give me some insights into this issue? Thanks! DavidVote for Quotes!
Hey Solmates! 😎 We’ve seen a bunch of you asking if you can create quotes in Solo. Right now, that’s a no-go—but that could change! 🚀 If this feature would make your life 100x easier, smash that vote button and drop a comment! 🗳️💬 Tell us how you’d use it, what you’d love to see, and why it matters to you. The more votes it gets, the closer it gets to landing on our roadmap. Let’s bring this to life! ✨
Long Service Leave Setup
Good Afternoon This year I have two employees coming up for 10yrs long service leave (LSL). One is paid hourly and the other salary. They will take their long service leave (LSL) in two ways: some as time off (taken leave) and some as cashed out. For STP Phase 2 reporting I need to show ATO reporting categories, the ATO guidelines say reporting categories are as follows: LSL taken is reported as 'Other Paid Leave Type O,' and LSL cashed out is reported as 'Cash Out of Leave Type C.' Based on this, do I need to set up four payroll categories as below? Wage name: Long service Leave (taken) – Type of wages ✅ Salary (ATO Reporting Category: other paid Leave (type O)) Wage name: Long service Leave (cashed out)– Type of wages ✅ Salary (ATO Reporting Category: Cashed out in Service (type C)) Wage name: Long service Leave (taken) – Type of wages ✅ Hourly (ATO Reporting Category: other paid Leave (type O)) Wage name: Long service Leave (cashed out)– Type of wages ✅ Hourly (ATO Reporting Category: Cashed out in Service (type C)) Also because one employee is paid hourly and the other salary do I need two different entitlements as below? Entitlement Name: Long Service Leave Accrual Salary-Calculation basis: Equals [X] Hours per [Year] Entitlement Name: Long Service Leave Accrual Hourly-Calculation basis: Equals [X] Percent of [Gross Wages] I need some assistance to set up these entitlements. My plan was to follow the MYOB instructions to enter employees hours into their payslip or employee card once they become entitled to the benefit. But if i do that I’m not sure how to set up the calculation basis for each entitlement? Also what do I link each Entitlement Category too? Thank you in advance for your assistance☺️
Full-time Under 18 Employee Super
Hi, we have a full-time employee working 38 hours a week. Every week, I record his pay and get a warning that we don't need to pay super and when I check his pay the super is not automatically calculated. I enter it in manually. The payroll category I used is Superannuation Guarantee and his pay is set-up as a salary with 38 hours per week. He is set-up the same as all other employees, the only difference is he is under 18. Thanks
MYOB Secure Invoicing Upgrade: update and Summary 11/03
6 MIN READ Hi everyone, Due to a high number of comments (and MYOB replies) about Secure invoicing, I am posting a summary of the change, frequent questions/complaints and the answers from MYOB to make it easier for everyone to find this important information. I will also be archiving the previous discussions on the forum so that this new post becomes easier for customers to find. It is a long update, but in the interest of transparency, fairness and to avoid any concerns around censorship, I am doing my best to make sure everything is covered. The Secure Invoicing upgrade began with a small test group of customers in October 2024, and we have continued to roll this out to more customers in small batches since then. We are some time away from this being released to all customers, so don’t worry if you have not heard of it or seen any communication from us. What is the Secure invoicing upgrade? Secure invoicing is an important upgrade being rolled out this year to customers who send invoices on MYOB subscription plans. From MYOB Business Lite, through to AccountRight Premier. The upgrade adds multiple layers of security for your business, plus automation features designed to help you save time and accelerate cashflow. The Secure Invoicing ecosystem is a combination of the secure distribution of invoices using MYOBs trusted software (Email, SMS, CopyLink) and the ability to accept secure payments. Secure invoicing includes: Always-on fraud monitoring for transactions and payment activity Secure payment methods MYOB verified badge End-to-end secure invoice distribution Additional questions/objections to this: Why is online payments combined with secure invoicing? + Online payments should be separate / I don’t want online payments + I’m happy to have additional security with invoicing but I don’t want to have payments. The distribution of invoices using MYOB software, fraud monitoring and secure payment of invoices is combined into a single MYOB Secure invoicing ecosystem to provide the best possible protection for businesses and consumers. Although these features are combined, you have the flexibility to adjust settings to suit your preferences around the secure payment methods. Learn more about changing your settings here Is this the same as e-Invoicing? No – e-Invoicing is an ATO initiative, similar to this but it is only for the digital exchange of invoice information directly between a supplier’s and buyer’s accounting systems, regardless of the software they use. You can learn about e-invoicing here. MYOB Secure invoicing is for all business using MYOBs software, and applies regardless of whether the invoice is being sent to a business or a consumer. Why is MYOB making this change? Cyber security is a constantly evolving landscape with new threats emerging daily. MYOB continuously develops and invests in solutions to meet these challenges, but security is a shared responsibility and requires vigilance from everyone. Financial losses from online fraud and cyber scams cost Australians over $2 billion in 2023. Scam reports from businesses rose by 28%, resulting in $29.5 million in losses. Small businesses, with fewer resources for risk mitigation, were hit hardest, reporting nearly $12 million in losses from false billing—the most common scam. MYOB understands that falling victim to a cyber scam can have very real consequences. That’s why we have developed and will continue to invest in secure invoicing, in addition to other essential security measures like Multifactor Authentication (MFA) and inactivity login timers. Additional questions/objections to this: Is there a legislative/legal mandate that MYOB is adhering to for this change? No, the Secure Invoicing upgrade is a decision MYOB has made to protect business and consumers across Australia. There has been reference to MYOB complying with legislation as part of the verification process and this is still also true when it comes to the Secure payments component. To comply with anti-money laundering legislation, we must verify certain documents in line with KYC regulations. Read more here. What do I have to do? Customers are required to verify their business as part of the upgrade process. This includes identity verification of all ultimate beneficial owners (typically any individual with 25% or more ownership or voting rights for a company) Find out more about verification here Additional questions related to this: I don’t want to give sensitive information to MYOB + How is my data being stored and treated All information will be handled in accordance with our Privacy Policy, which can be accessed here: www.myob.com/au/privacy-policy. For further peace of mind, our current system for verification erases documents after 30 days and does not store them indefinitely. What happens if I don’t want to verify my business and/or I don’t want to upgrade? Customers who do not complete the business verification and upgrade to secure invoicing will be restricted from utilising the MYOB platform for distribution of invoices. This means that distribution of invoices using the secure methods of email, copy link and SMS will be unavailable. Customers can continue to send their invoices themselves however and will need to use a ‘Print to PDF’ option, then manually email the invoice themselves through Outlook, Gmail etc. Additional questions related to this: If I can no longer email invoices through my software, will I still be able to email payslips and other information? Yes the restrictions only apply to the distribution of invoices. There is no restriction to emailing other items. What are the fees and charges for the online payments feature? The fee for secure payments is 1.8% of the invoice value + 25c transaction fee. This only applies if the invoice is paid by a secure payment method. For example, if the recipient of the invoice still chooses to transfer the money to you via bank transfer, there are no fees. But if they paid via Bpay, Visa, Mastercard etc then the fees apply. Please note that there is flexibility with the fees. You can decide whether the fee is paid for by you or by the person paying the invoice (surcharging). *Please note, BPAY fees are unable to be surcharged to the customer. You can also choose whether you want to have BPAY enabled or disabled You can choose whether you want to have secure payments enabled or disabled *Please also be advised, that after completing the secure invoicing upgrade, the secure payments feature will be enabled on by default. Find out more about the fees and charges here Why should I use online payments? (spoiler, this hasn’t been asked yet, but it’s important to know) Using the online payments feature has multiple benefits to you and your business. Get paid faster – the sooner a customer receives an invoice, the quicker they can pay you. But how much of a pain is it to copy a BSB and Account number into your banking app and make a transfer, add in the reference etc. The Pay now button in the invoice makes payment quicker and easier helping you get paid faster. Getting paid faster helps increase cash flow to your business Better security – online invoice payments use several layers of protection to identify fraudulent behaviour. Peace of mind – A network of verified businesses means fewer risks and safer transactions, so clients can invoice with confidence, and customers can pay knowing they’re interacting with a trusted business. Save time – get automatic notifications when payment is made on an invoice. Payments are automatically recorded in your software and the invoice closed off. Less time chasing payments and debtors. Read all about it here Additional questions/complaints related to this: I don’t want to use the service Why should I verify if I am going to turn payments off afterwards MYOBs position is that Secure payments not only protects businesses and consumers from fraud but it supports businesses in getting paid faster, increase available cashflow and saving time chasing debtors or reconciling. We recommend and encourage customers to keep this feature enabled Thank you for taking the time to read and understand this change more. If you have a question, you are still welcome to reply to this post or start a new discussion in the forum. Kind regards, Mike/MYOBMYOB PowerBI/Power Query connection
Hi All, I have seen some conflicting information on this so would love to hear exactly what the situation is from someone who knows. I used to use an ODBC link to access the back end of MYOB with Excel. It appears this is no longer supported and I now need to subscribe to a 3rd party software like CData. Is this correct? A lot of Chat GPT responses are telling me to access the database via the MYOB API but this requires authenticating with https://secure.myob.com/oauth2/v1/authorize to retrieve an access token so this does not appear to be viable without a custom build interface. Given that all I am looking for is to build Power BI reports or Excel reports, I am looking for any of the following: The details of a MYOB ODBC connector A method of parsing my MYOB credentials through an Excel data link A work around to obtain an access token without creating a custom built interface so that I can utilise the MYOB API A recommendation for a well priced 3rd party MYOB connector Thanks, SteveTax Code - no ABN with Statement to not withhold
Hi, anyone know best practice for purchases tax code where Supplier doesn't have an ABN but has provided an ATO Statement to not withhold - 0%. (E.g. they are an individual under 18 years and the payment does not exceed $350 per week.) Note, I can't find any advice on ATO website for how to report purchases for this special case (not withholding) of non ABN suppliers. MYOB tax code covers the Not Registered 0%, but is described as "Used to record purchases from suppliers who have an ABN but are not registered to collect GST" so not entirely accurate.TAB key - Time Billing
Has anyone else noticed that the TAB key no longer works in the Date column while processing Time Billing Invoices in MYOB? This issue started after the latest update and has become a major inconvenience, especially when handling a large volume of invoices. If you've encountered this problem, have you found any workarounds or solutions?
Wrong pay item used
An employee was paid personal leave but it should have been unpaid leave. Their personal leave accrual is minus 116.25 hours, and their annual leave accrual is positive 65.19 hours. So next pay I can partly adjust to: Annual Leave: +65.19 hours & Sick Leave: -65.19 hours This leaves sick leave accrual at -51.06 hours that I need to change to unpaid leave, and I'm unsure how to do this, so that it adjusts the sick leave accrual back to zero. I know I could over the next pays take out 37.5 hours & the following pay week unpaid leave 13.56 hours so I would make the following pay 13.56 hours unpaid leave. My question then is how will this reflect to show a sick leave accrued back to zero, as I seem to be able to put negative to sick leave and but can't add a positive to unpaid leave, in the browser version of AccountRight.
