Blog Post

The AccountRight Blog
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Welcome to the cloud, AccountRight Premier!

Merrin's avatar
Merrin
Former Staff
11 years ago

Premier users, it’s time to move online and enjoy the power of AccountRight combined with the benefits that only online accounting offers.

 

Why move to online accounting?

 

Most customers chose Premier for power, speed and multi-user access. With online accounting, you can leave your desktop network behind. Multi-user collaboration has hit a whole new level. Collaborate with who you want, when you want with no limits to the number of users you can invite to access your file online.

 

Join thousands of online accounting software users who’ve already made the move, and securely share your business information with your colleagues, your bookkeeper and your accountant. Regardless of their location.

 

Bank feeds are going to change your life

 

I talk about bank feeds a lot. Mainly because I think it’s such a great feature. Who wouldn’t want to save 10 hours a month of data entry? The more transactions you have going through your software, the more features like bank feeds are going to benefit you with real time savings.

 

When you securely link your bank account to AccountRight Premier, your bank transactions are dropped straight into your software, ready for you to approve. It’s a massive timesaver, especially if you set up rules that make it quick and easy to reconcile payments. Concentrate on the tasks that really matter, not the tedious data entry.

 

Fortunately it’s not just me who thinks so. Debra Anderson from Legally BAS has some great views on timesaving with online accounting in this video.

 

Faster installer means less time updating and more time on your business

 

Ok, so I might be exaggerating, but based on feedback that Margaret Whitfield from My Small Office Support shared with us, “A little over 5 mins to download this morning, and installation was so quick”, there have been significant improvements to installing AccountRight. Having spent time updating your networked Premier, we know you’ll appreciate anything that makes this easier.

 

We know how annoying it is to make sure everyone’s collaborating on the same version, so we’ve added in smarter alerts, so you know if you’re not using the latest version of your software.

 

Software that’s easy to install and lets you know if you’re not up-to-date? Yes, please.

 

AccountRight and your smart phone – together at last

 

Love working from the road? If your file’s online, it’s now even easier. Use the mobile app to invoice customers, check debtors and update contacts. It’s a great way to keep an eye on your cashflow, or keep sales ticking over. 

Download it from the App Store AppStore.png or Google play GooglePlay.png

 

The new AccountRight looks a bit different

 

We’ve all done it, updated our phone or logged into Facebook and thought “Woah, that’s different. Why are you changing things?” So, to prepare you a bit - AccountRight’s got a new (but obviously familiar) look.

 

We’ve kept the workflows the same, as much as possible, but there’s a couple of changes I thought I’d highlight for you. We’ve moved some of the buttons (like the Print and Email buttons) from the bottom of the screen to the top. We’ve made it easier to find transactions in long lists with better search functions. You can also now sort lists by columns, and even click and drag columns to rearrange them.

 

We’ve added new payroll enhancements to Australian payroll like leave overuse warnings. You can save a pay run that you haven’t finished working through, and from the start of the financial year, you’ll also be able to pay your employees’ super straight from AccountRight, using the Pay Super feature.

 

Rather than list every feature and small change, click the image below for some handy e-learning or take a sneak peek at our webinar about the new AccountRight.

 

What's new v19.png

 

Keen to make the move?

 

First, here’s some things you should know before you upgrade.

 

For the 24% of Premier users who need multi-currency functionality or Enterprise clients who need advanced inventory, this release is not the one for you. We suggest you remain with AccountRight Premier classic, and we'll let you know when you can move online.

 

Here’s a handy table to check through, to make sure the new AccountRight Premier is the one for you.

 

 

I use:

What are my options?

M-Powered Payments

Don’t upgrade at the moment. Hold off until M-Powered payments work smoothly.

 

M-Powered Super

Upgrade, if you’ve completed your super payments for the 2013/2014 financial year.

Pay super takes over from M-Powered Super from June 2014, and best of all it’s a service that’s included with your AccountRight subscription.

 

M-Powered Invoices

You can use M-Powered Invoices with the new AccountRight. Instead of using the Import Assist function to reconcile payments, you can use bank feeds to match the payments to their invoices.

 

M-Powered Bank Statements

Upgrade. M-Powered Bank Statements have been superseded by bank feeds – the easiest way to update and reconcile your accounts.

 

Add-ons

Our Add-on solutions are great way to extend your software. If you've been using an add-on check that it works with the new AccountRight (AUS) (NZ).

 

MYOB RetailManager

Hold off on upgrading for the moment. RetailManager still doesn’t play nicely with the new AccountRight.

 

Customised reporting in Excel

If you've been using MYOB ODBC Direct to create customised Excel reports, you won't be able to use those reports after upgrading.

 

Ready to get started?

 

Head over to Moving to the new AccountRight, for help getting going with the new AccountRight.

 

 

 

**blog updated on 11/12/2014 with information about moving online for multi-currency and advanced inventory.

Updated 10 years ago
Version 4.0
Release notes
  • Albare's avatar
    Albare
    Trusted Cover User
    11 years ago

    Thanks Merrin.

     

    ...so how about being able to create customised fields.... :)

     

    For example we need to note pallets supplied, pallets returned on our delivery dockets and can only do it manually on the actual docket after printing.

  • Merrin's avatar
    Merrin
    Former Staff
    11 years ago

    Hi again Albare 

     

    The new AccountRight Premier has a slightly different roll over process, which no longer includes the option to remove prior years' records.

     

    So yes, detailed records for previous years will be there for you to look back through.

     

    Hope that helps,

    Merrin

  • Albare's avatar
    Albare
    Trusted Cover User
    11 years ago

    Thank you for taking the time to reply. 

     

    I think I mixed up purging with the option to retain data for previous financial years which comes later in the "Start a New Finacial Year" roll over process. This leads me to another question, when rolling over into a new financial year I have the option of stating how many years prior I want to keep records before rolling over, iirc it is a maxiumum of 7 financial years.  Will it be possible to maintain all records and not just the last 7 years. I know this might lead to very a large company file however when 1TB drives are nothing now and cpu power overkill for what we need I wouldn't mind having at least one file with as much historical data as possible.  I've got 2 or 3 company files split into financial periods of say 4-5 years each that cover all our records from 2000 to now so that whenever I want to look back at customer info, products bought, sold etc this is easier then chasing spreadsheets of exported data.

  • Merrin's avatar
    Merrin
    Former Staff
    11 years ago

    Hi Albare 

     

    Thanks for reading and commenting on the blog.

     

    As David mentions, there was the option to keep all your information in v19, rather than purge it when you started a new financial year.

     

    Purging was designed to keep file sizes small for better performance on desktops, but unless you actually followed up with optimising and verifying your company file, it didn't necessarily keep your file size small.

     

    The new technology behind AccountRight allows for larger file sizes without slower performance, so you're less likely to need to remove the detail of transactions, even if you're working on your desktop. The Classic AccountRight was also built back when computers had a lot less storage capacity than they do now.

     

    I will just stress though that hosting your file online gives you access to far more storage than your computer, which is another great reason for moving online.

     

    Cheers,
    Merrin

  • David_Cree's avatar
    David_Cree
    Ultimate Partner
    11 years ago

     

    HelloAlbert 

    in the current Premier you already  have  the option  not to purge when you close the year.

     

    cheers

     

    David 

     

     

  • Albare's avatar
    Albare
    Trusted Cover User
    11 years ago

    Will not having to purge records also apply to the PC installed version?

  • Merrin's avatar
    Merrin
    Former Staff
    11 years ago

    Hi stacelee 

     

    Thanks for checking out this blog and taking the time to comment. 

     

    In answer to your questions - if your Premier file is online, then you can have as many users as you need accessing the file at the same time.

     

    As far as rolling over financial years - yes, you will still need to roll over to a new financial year in the new AccountRight Premier.

     

    The great news though is that with the new platform you'll no longer need to "purge transactions" to keep your file size small. So when you roll over, all your transactions from the previous year, including closed sales will still be able to be viewed in detail.

     

    (Note that you can't edit transactions made in a previous year once you've rolled over, as you still need to protect the integrity of your records.)

     

    Hope that helps,

    Merrin

  • stacelee's avatar
    stacelee
    Cover User
    11 years ago

    I haven't been able to see anywhere how many concurrent users that you can have at one point in time.  Does the data file still need to be rolled at the end of the financial year meaning that invoices/quotes from previous financial years can no longer be viewed or will they still be accessible?