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

MYOB Essentials

this year/last year comparison reports





1 Post


Is it possible to do This year/Last year comparison reports for P&L and Balance sheet in MYOB essentials?  If not is this something that could be added or is there an upgrade that does this?  

1 Post
Cover User

How can I include a column for last year end amounts for the balance sheet as well as the current month amounts ?

MYOB Moderator Barry_C
175 Posts
MYOB Moderator
Thanks for the idea Mike of needing a balance sheet report to show the balance as of the current month and include a column for last year. We would love to hear what others think about this.
Valued Partner JeffreyStephens
87 Posts
Valued Partner

Hi Mike,


If you are open to use an MYOB Add-on then check out BudgetLink


BudgetLink is a Free Apporoved MYOB add-on that has a Balance Sheet report that compares current month balances with the same month last year. WIth a quick customisation (less than 10 mintues) it could be made to compare year end balances with the current month


You can download it from here

6 Posts
Cover User

Fully agree.

38 Posts
Cover User



Feedback from Accountant " it would be great if you had a Last year comparison within the Balance Sheet like there is in the new BETA P & L.

5 Posts
Cover User

It would make end of year reconciling and general bookkeeping easier if you could view a balance sheet report showing last years comparatives, similiar to the new Profit & Loss layout.



MYOB Moderator CloverQ
2,000 Posts
MYOB Moderator

Thank you all for your interest in this idea. 


This year/last year comparison is already avaialble with the new Profit & Loss report, our developers do plan to bring this option for the Balance Sheet report as well. We'll be updating the status again when we have more details avaiable. 

Contributing Cover User KelleyF
10 Posts
Contributing Cover User

Have gone through the comments regarding the This yr last yr Balance Sheet. From and accountant point of view it is a huge mistake to overlook this function! Is there a timeframe for when this will be available? 

1 Post

 The original suggestion to introduce a comparative balance sheet feature in Essentials was posted two years ago. Is this something that will be implemented anytime soon?? Other accounting software programs have this feature so it's really frustrating (and time consuming!) not being able to pull up comparative balance sheets in Essentials.

Experienced Cover User melissapgp
15 Posts
Experienced Cover User

Comparative Balance Sheet already please please please please please please.