Partner Zone

Transitioning from Essentials to AccountRight

This thread is now closed to new comments.
Some of the links and information provided in this thread may no longer be available or relevant.
If you have a question please start a new post.
1 Post




Transitioning from Essentials to AccountRight


My client wants to transition from Essentials to AccountRight as at 1 Jan 2023. My preference is to set up opening balances in AR from the closing balances in Essentials and enter transactions from that date and maintain Essentials until year-end for continuity but my question regards Payroll. If I finalise Essentials in STP as at 31 Dec 22 and enter Pays from 1 Jan 23 in AR, are there any other accounts I should be mindful of (when setting up the opening balances) other than Wages Expense, Super Expense & Liability & PayGW ?


9,085 Posts
Former Staff
Former Staff




Re: Transitioning from Essentials to AccountRight

Hi @TriciaM17 


Welcome to the Community Forum, I hope you find it a wealth of knowledge.


Typically we recommend starting a new file from the beginning of a financial year, so all the annual data is kept together for better tracking and reporting. Additionally when you set up STP in the new AccountRight company file, you must notify the ATO of the BMS ID of your previous software, so that the YTD data isn't reported twice to ATO. Please find more details on this matter in the FAQs section of this Help page: Setting up single touch payroll reporting.


If you are still looking at starting the new file from mid of the year and are unsure about the accounts set up, we'd suggest checking with your accountant for advise, or look for an MYOB Partner near you for a chat. Other community users who had this experience may be able to provide some tips as well.

Kind regards,

MYOB Community Support

Online Help| Forum Search|Download Page

Did my answer help?

Mark it as a SolutionHelpful? Leave a to tell others

Didn't find your answer here?

Try using advanced search to find a post more easily Advanced Search
Get the conversation started and make a new post Start a Post