Forum Discussion

papasso's avatar
2 months ago

Additional bank feed required (temporarily)

I have been using MYOB Business Pro for some time and two bank feeds are really all I need except that I am in the process of moving Banks.  Is there a way to temporarily add additional bank feeds without upgrading my license?  

 

If not, can I upgrade the license (to AccountRight Plus?) for a month or so while closing down old accounts?

 

Thanks,

Paul.

  • Hi papasso,

    To address your question about switching between Business Lite and Pro for additional bank feeds, the Business Lite subscription allows for a limited number of bank feeds (typically 2). 

    If you need additional bank feeds while transitioning banks, you have two options: you can upgrade to the Business Pro subscription, which allows for more bank feeds, and this would be a temporary upgrade, allowing you to switch back to Business Lite once you no longer need the additional bank feeds; or, if you prefer to stay on the Business Lite subscription, you can manage your bank feeds by swapping the required accounts as needed, meaning you would need to deactivate one bank feed to activate another within the allowed limit.

    Additionally, there is no option to temporarily add additional bank feeds to the Business Lite subscription without upgrading to Business Pro.

    I hope this helps!

    Regards,
    Earl

  • Isaiah_C's avatar
    Isaiah_C
    MYOB Moderator

    Hi papasso,

     

    Since you're using MYOB Business Pro, it supports unlimited bank accounts. You can add your new bank feed without needing to make any changes to your current plan. This way, you'll be able to transition to the new bank account without disrupting your current setup.

     

    Regards,

    Sai 

  • My mistake, I'm on the Business Lite.  So the question is, do I just switch between Lite and Pro as needed to get the additional bank feeds while transitioning Banks, or is there a way to temporarily add additional bank feeds while retaining the current Lite subscription?

     

    • Earl_HD's avatar
      Earl_HD
      MYOB Moderator

      Hi papasso,

      To address your question about switching between Business Lite and Pro for additional bank feeds, the Business Lite subscription allows for a limited number of bank feeds (typically 2). 

      If you need additional bank feeds while transitioning banks, you have two options: you can upgrade to the Business Pro subscription, which allows for more bank feeds, and this would be a temporary upgrade, allowing you to switch back to Business Lite once you no longer need the additional bank feeds; or, if you prefer to stay on the Business Lite subscription, you can manage your bank feeds by swapping the required accounts as needed, meaning you would need to deactivate one bank feed to activate another within the allowed limit.

      Additionally, there is no option to temporarily add additional bank feeds to the Business Lite subscription without upgrading to Business Pro.

      I hope this helps!

      Regards,
      Earl