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Share your ideas for improving MYOB Essentials Accounting. Vote on ideas and discuss them with the MYOB product development team.

MYOB Essentials

Setup: Recurring transactions in MYOB Essentials

Progressive

27Posts

476Kudos

0Solutions

27 Posts
Partner
Australia

Good morning

 

Could you kindly advise if the following items are possible in LiveAccounts - or can be added to the development list?

 

- Can we have recurring transactions for sales, bills, spend money & receive money

 

Thank you

 

Heidi

192 Comments
Contributing Cover User millbri
7 Posts
Contributing Cover User

I agree absolutely, this is essential for customers who pay Monthly, Quarterly or Annually and is the big item I miss from AccountEdge.

BreeVree
1 Post
Cover User

Can we please get an update as to when this function is going to be live?

By the looks of things, it's been sitting on the planning list for quite a few years...

Without this tool, I for one will be very carefully considering moving to a platform that DOES have this option - like Xero...or Saasu... or just about any other platform that exists...

Contributing Cover User BookkeepingBec
6 Posts
Contributing Cover User

I don't undeerstamd why you didn't use recurring transactions in myob essentials i would think it would be great if you could do this soon.

Community Manager Suja_P
5,783 Posts
Community Manager

Hi everyone,

 

Thank you very much for all your comments and votes on this idea. We understand that being able to set up recurring transactions in MYOB Essentials is important for many of you.

 

As you can imagine, this is a big job and the team wants to ensure that they provide the best solution for you. This unfortunately means that this feature may not be available until sometime next year.

 

We request that you keep your votes coming. And we will continue to pass on your comments and feedback to our developers.

 

Regards,

Suja Pillai

PlazaBakery
1 Post
User

I assumed, like many others as I am discovering, that getting an online package would be simpler.... well, no! Not being able to have recurring transactions is a disaster, especially considering in business that a lot of outgoings go to the same suppliers, it would be a HUGE time saver if the only thing we had to change were some dates and $$$ amounts. PLEASE establish the recurring transaction function to the online Essential Package.

Serendipity21
2 Posts
Cover User

It has been some 3years since your company was asked in regards to recurring transactions. Has this been implemented yet? Or have i overlooked it?

Thanks

Amy_Elsworth
1 Post
Cover User

 I have just signed up for a 1 month free trial and I am so glad I haven't proceeded further because upon entering my first month's expenses I am amazed to see there is no recurring transaction functinality! Worse still, that this has been a suggested feature for FOUR years and yet it is still not available. Given that many people using this software will be Small business owners working from home and claiming home office expenses, this seems to me to be a basic functionality requirement! I certainly do NOT want to have to enter generals journals for Mortgage Interest, Electric, Phone, Internet, Rates and Insurance from scratch EVERY month!

 

I am so disappointed and will not be proceeding with MYOB.

Partner Shaun_G
2 Posts
Partner

How can a modern cloud accounting solution NOT have a recurring journals function?? Well MYOB Essentials doesn't!!

 

I'm a Chartered Accountant in Public Practice and don't do hard core accounting/bookkeeping work very often - my work is mainly taxation, advice & complaince related.

 

But recently I took on the position as Treasurer of our local Chamber of Commerce and was delighted to see that records were being kept via MYOB Essentials. Ahhh Automation!!!!

 

BUT the one major downfall is the lack of a recurring journals feature. Hardly a new idea and should be added ASAP. Whether its recurring journals or recurring invoices or something else, the feature is essential to be as efficient as possible!!

 

 

Experienced User HSWA
56 Posts
Experienced User

You will be waiting....

MYOB doesn't believe in rushing things.  As you can see this has been on the "development" for the past four years!

Just shows that they don't really listen to their customers.

I am sure that it is not that hard - they have it in all other packages.

 

TomRoberton
6 Posts
Cover User

It abosulutely baffles me that an on-line accounting system does not allow you automatically generate repeat invoices.  I invoice my client once per month for the same amount and now have to manually enter them.  I used to be on Xero which had this function but was recommended to switch by my accountant. Did I make the wrong decision?