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Myob essentials

elvirajoel123
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elvirajoel123

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Myob essentials

If I used MYOB Essentials in my payroll how can I integrate this into my MYOB Accounting Right. What about the Bank Statement will this link into MYOB Accounting Right

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MYOB Moderator Steven_M
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Steven_M
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Re: Myob essentials

Hi @elvirajoel123 

 

MYOB Essentials and AccountRight are two separate products and one will not talk with the other one. So if you do wish to use MYOB Essentials payroll to be STP compliant and AccountRight to do your accounting, you would process your pays in MYOB Essentials manually enter in a journal entry that reflects that payroll transaction in your AccountRight. 

 

From a banking point of view, with MYOB Essentials payroll you would still need to generate a banking transaction for the employees i.e. pay them through Internet Banking. This, in turn, would generate a transaction at your bank which would come through your bank feeds so you can match to the AccountRight transaction.

Kind regards,
Steven

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