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MezIndustries's avatar
MezIndustries
Experienced Cover User
2 years ago

Electronic copies of invoices in MYOB

Hi

when a couple of clients I look after decided to close their businesses and we therefore stopped their MYOB licence, I first rang MYOB to make sure we would still have access to the invoices attached to purchases. It was confirmed that in fact I would still have access. I have restored a couple of these files and there are no files attached. 

Is this what happens, how do we go in an audit situation. I have not kept the paper copies as I was under the belief they were safely stored with the backup copy of the MYOB file.

Manola

6 Replies

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  • Mike_James's avatar
    Mike_James
    Ultimate Cover User
    2 years ago

    Hi MezIndustries , that advice was not quite right. Your options are:

    - request the documents from MYOB, they will give you the files but you may have to be persistent. The file names will have no meaning, and may not all be searchable.

    - download the attachments one by one, same comment as to filenames and content.

    - use our bulk download service, see my signature link for more details. You get PDF's with meaningful file names.

  • Mike_James's avatar
    Mike_James
    Ultimate Cover User
    2 years ago

    Hi MezIndustries , my intention is to inform you of your options. To answer your question, the attachments are stored in a separate online database, and are therefore not included in a file which is backed up and restored locally. 

  • MezIndustries's avatar
    MezIndustries
    Experienced Cover User
    2 years ago

    You are offering a separate service outside of MYOB, this does not answer my question. 

    MYOB advised that I would be able to see attached files and I can not.

    Can MYOB provide a solution to this issue please, I don't want to have to pay an outside source for a service.

    surely as an accounting package, there must be a solution from MYOB, we have been encouraged to go into the cloud, with confidence that our doucmentation would be safe and accessible. 

    Manola

  • MezIndustries's avatar
    MezIndustries
    Experienced Cover User
    2 years ago

    Thank you I appreciate that, my point is simply that if we were called up for an ATO audit, it is not a simple process of opening a backup file, going to an entry and seeing the invoice as proof of expense.

    do you know if MYOB is looking to address this as I apparently xero provides this for a very small fee to freeze a file at a point in time.

    mez

  • Earl_HD's avatar
    Earl_HD
    MYOB Moderator
    2 years ago

    Hi MezIndustries,

    Thank you so much for your post and for the information. I'm sorry to hear that. I really appreciate your patience and understanding about this issue, and I do apologize for the delayed response.

    What  I would suggest is to visit this post that has the same issue you are having:  Cancelled subscriptions and storage of documents 
    In terms of using the company file after the cancellation of your AccountRight subscription do take a look at Section 6.3 What happens on the effective date of termination? on the AccountRight Terms of Use

    Please do let us know how you go on this.
    Regards,
    Earl