Forum Discussion

seqtt's avatar
seqtt
Trusted Cover User
12 months ago

Data migration after company restructure

Due to a company restructure we need to: create a new subscription to align with new ABN, then Selectively migrate ALL data from original company file i.e. Chart of Accounts with zero Opening B...
  • gavin12345's avatar
    12 months ago

    Hi seqtt 

     

    What you need is the MYOX Clone service - do an online search or email me if you cannot find. The clone service uses your existing AR2023 company file, and removes all account balances, inventory balances and transactions. This leaves you with a file identical in setup to your original file. This is useful when starting a new file or when you sell the business and want to provided the new owners with a MYOB file but without your transactions and balances.

     

    As the cloned file does not have any transactions, you can freely make any changes, such as deleting accounts, cards or items no longer required.

     

    Once you have made the changes required including Company Info, you can set the opening balances and bring in any transactions required. You can then Activate the file with new subscription details.

     

    Much of this can be done with exporting and importing, however this is prone to error and user frustration. Additionally no payroll data can be exported or imported, this means things like payroll categories, employee links, STP assignments etc must all be re-done manually.

     

    Regards

    Gavin