Hi Folklore
The issue is that ABNs are publicly available, they're findable through a websearch and they print on receipts when you make a purchase.
Without verification, there is nothing to stop anyone opening an account under your ABN and issuing fraudulent invoices.
By verifying identity of the owners of the business, we ensure that anyone distributing invoices through the MYOB software is legimitately related to the business associated with the account.
Hi Mike, that is correct ABN numbers are easily found, but when opening a business bank account the ABN number is checked with the name of the account being opened along with the 100 points of ID required, the work / identity / verification has already been done. Still no repsonse on what discounts customers will receive when part of the product they pay for is no longer available.
Hi Folklore , there is no change to pricing for customers who choose not to complete the secure invoicing upgrade.
Invoices can still be distributed manually by saving to PDF and sending manually.
Or to continue utilising the platform secure distribution methods, customers are required to complete the verification steps, there is no cost for the upgrade or verification process
How dare we send out invoices without giving MYOB a cut of the payments.
