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fuzzzz1's avatar
fuzzzz1
Contributing Cover User
10 months ago

sold my business - no longer have active accounts

Hello I sold my business in sept 2022. Final Tax returns were filed in July 2023   I have two business files on Account right Live Premier   I have backed these up as of today   I wish to mov...
  • Genreve_S's avatar
    Genreve_S
    10 months ago

    Hi fuzzzz1, 


    Apologies for my delayed response. 

     

    Yes, that is indeed correct. Since your license is perpetual, you will still have full access to your file offline if you restore it locally. 

     

    Let us know if you need any other assistance.

     

    Thanks,
    Genreve

Genreve_S's avatar
Genreve_S
MYOB Moderator
10 months ago

Hi fuzzzz1, 

 

Thank you for sharing your concern on the forum.

 

I understand your requirement for a copy of your ledger for auditing purposes. The backup file you possess can be restored offline, allowing you to access your file locally. Please note that the data in the backup files cannot be modified unless the file undergoes confirmation. Furthermore, if your serial number is a perpetual license, you can use your file offline as usual (edit, add, or delete transactions) without online services like bank feeds and STP.

 

Please don't hesitate to reach out if you need further assistance or any clarification on this matter. We're here to assist you.

 

If my response has answered your inquiry, please click "Accept as Solution" to assist other users find this information.

 

Thanks,
Genreve

  • fuzzzz1's avatar
    fuzzzz1
    Contributing Cover User
    10 months ago

    Thanks for your reply Genreve.
    My licence is a perpetual licence so I'm assuming that I can now close my subscription as I will be able to access my (now closed) accounts from the backup file and that these will continue to work off line for at least as long as I'm required to maintain records by the ATO?

     

    Kind regards
    Chris

    • Genreve_S's avatar
      Genreve_S
      MYOB Moderator
      10 months ago

      Hi fuzzzz1, 


      Apologies for my delayed response. 

       

      Yes, that is indeed correct. Since your license is perpetual, you will still have full access to your file offline if you restore it locally. 

       

      Let us know if you need any other assistance.

       

      Thanks,
      Genreve

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