Forum Discussion

KIM-2017's avatar
KIM-2017
Contributing Cover User
7 months ago

Hi all....Seeking knowledge on changing plans

Hi all....

Our Locksmith business currently has 1 employee on payroll along with a business owner. We are thinking of downgrading myob from AccountRight Standard in the cloud to Business Lite. Any thoughts or pitfalls with doing this please? Will all of our data/business customers/open invoices move across with us? Our current MYOB plan is mostly unutilised, as we do not do inventory/stock control or job analysis etc....we are really quite basic in needs. Appreciate any input. :)

9 Replies

  • Earl_HD's avatar
    Earl_HD
    MYOB Moderator
    7 months ago

    Hi KIM-2017,

    Great question, you’re right to think about whether your current plan matches what you actually use. MYOB Business is like the browser version of AccountRight. If you use our official migration service to move from AccountRight Standard in the cloud to MYOB Business Lite, then yes, your core data (including customers and open invoices) comes across.


    For more details, see our help article and this Community post.

           * What you can and can't do in AccountRight web browser

           * Possible migration from MYOB AccountRight Plus to MYOB Business Pro


    Regards,
    Earl

  • janettes's avatar
    janettes
    Experienced User
    22 days ago

    i have sold my business and currently have accounting right. i want to be able to view everything what do you suggestOnline Read Only ?????

  • Genreve_S's avatar
    Genreve_S
    MYOB Moderator
    21 days ago

    Hi janettes, 

     

    If your AccountRight file is online, you can continue to view it after selling the business. The new owner will need to keep the subscription active and invite you as a user with view-only access.

     

    If the new owner later cancels the subscription, they can request Online Read-Only access. This lets you view transactions, run reports, and download attachments, but you won’t be able to edit the file or manage users.

     

    The new owner will need to manage the subscription and any Read-Only request after the ownership transfer.

     

    Regards,
    Genreve

     

  • janettes's avatar
    janettes
    Experienced User
    21 days ago

    The new owner does not want to use MYOB but at this stage I want to keep it on my desk top also as is. the only thing is i do not need to add,change,run payrolls etc but everything else stays as is. I may be opening a new business and therefore want the ability to reinstate full subscription. How should I proceed and what is the cost

  • janettes's avatar
    janettes
    Experienced User
    21 days ago

    Also I should ask will the accountant be able to view my records as he has not done the final tax return for the business

  • Genreve_S's avatar
    Genreve_S
    MYOB Moderator
    21 days ago

    Hi janettes, 

     

    Thanks for clarifying.

     

    If you cancel the AccountRight subscription, the online file will only remain available in read-only mode for 60 days. After that, online access may be removed, so make sure you export any reports and records you need before cancelling. There isn’t ongoing access to the online file without an active subscription or eligible Read-Only arrangement.

     

    As you may start another business and want the option to return to full access later, keeping the AccountRight subscription active is the safest option. You can continue using the file through AccountRight desktop and online, and the new owner can manage access for you and your accountant. Your accountant can be invited as a file user with the permissions they need. See: https://www.myob.com/au/support/myob-business/get-started/setting-up/set-up-user-access/invite-a-user-to-an-online-file?productview=Desktop

     

    Regards,
    Genreve

     

  • janettes's avatar
    janettes
    Experienced User
    21 days ago

    Is there any option other than full subscription that will fill my requirements. In other words keep it active but not under full subscription

  • Genreve_S's avatar
    Genreve_S
    MYOB Moderator
    18 days ago

    Hi janettes, 

     

    There isn’t a standard read-only option for customers who need to keep their data available for safekeeping. The file would need to remain on an active subscription to stay available online.

     

    Regards,
    Genreve