Does account right do departmental reporting at an GL account level?
I notice there is a cost Centre report but that seems to be at transaction level.
I did read that you can add jobs and attached to an GL account in the chart of accounts but there doesn't appear anywhere to edit or add this code under the chart of accounts.
Please advise
Thanks
Hi Scott-Evans
Some of the MYOB Add-on solutions will be able to help you to handle departmental reporting using just the GL codes in AccountRight.
For example our Business Intelligence solution BI4Cloud allows you to setup Department "Tags" then you simply allocate each GL account to the relevant Department. Then using the prebuilt P&L & Balance sheet reports and dashboards you can generate your own very flexible Departmental reports.
Reports can be filtered by Department, show Departments as columns across the page or summarised as rows in your P&L. Date ranges are completely flexible including This Year/Last year/ MTD/YTD Full Year etc. Any GL Budgets entered into MYOB also pull through and are then also presented by Department.
If you would like to see if this will help you please do the 14 Day Free Trial
All details and Free Trial are at BI4Cloud.com
See this article to learn how:
More examples below
Step 1. Allocate each GL account to a Department in BI4Cloud (Cool Stuff version)
Step 2. Run Reports e.g. Pivot by Department as columns
Step 3. Filter by Department to see just one Department's P&L
I hope this helps.
Jennifer Kelly CA
BI4Cloud Business Intelligence
Hi Scott-Evans,
I'm not completely sure, but there are enterprise-level solutions from MYOB, like MYOB Acumatica, that come with advanced features and reporting capabilities. It would definitely be worth chatting with our team, they can dive into your specific requirements and help find the perfect solution for your goals.
Cheers,
Princess
Thanks Princess.
Do other versions of MYOB have this option?
Can I upgrade to get this option?
Thanks
Scott
Hi Scott-Evans,
AccountRight doesn’t have a way to directly handle departmental reporting for General Ledger (GL) accounts. While it includes useful tools like cost centers and jobs, these are designed to link to specific transactions rather than directly tie things to the chart of accounts. That’s why you won’t find options for this feature within the chart of accounts setup. If you’d like to see this feature added in future updates, you can share your suggestion on the Ideas board so the product team can consider it for future improvements.
Cheers,
Princess
