Payroll for multiple entities
We currently use Account right plus but not for our payroll, I would like to know if it will be possible to use MYOB for our payroll. We have multiple entities with their own ABN that run under one ...
Forum Discussion
Hey trophy2503,
Yes, you can run payroll in MYOB even with multiple entities. Since each entity has its own ABN, you’ll just need to set up a separate subscription for each one so STP reporting stays spot on. You can still pay everyone from the same bank account, and process each entity’s payroll individually just like you’re doing now. If you’d like to check which product will suit you best, have a look at this link.
Cheers,
Doreen
Hi Doreen,
Thank you for your reply.
In our case, we currently use AccountRight Plus for the company. Based on our requirements, we would need to purchase four MYOB subscriptions to cover the four entities for which we process payroll.
Each entity has between 6 and 12 employees, so based on the link you provided, it appears we would need four MYOB Plus subscriptions.
Could you please confirm whether my understanding is correct?
Cheers
Clint
Hey trophy2503,
Yes, that's correct. Another option worth considering is having one subscription with multiple entities, which can simplify things. If you’d like to explore that or get more details, our team would be happy to walk you through the options. You can reach them on Live Chat via our virtual assistant, MOCA, or by submitting a support case via My Account.
Cheers,
Doreen
