ContributionsMost RecentMost LikesSolutionsReport: Payroll Activity Summary - Expand report columns (pre-tax and post tax deductions...) I find the payroll reports in MYOB don't make reconciliations as easy as what they could be i.e. all deductions/expenses are just lumped in together. My suggestion would be to use the report columns as follows: (I believe there is work being done in this area - feel free to enlighten me about it if you know) Gross Wages Salary Sacrificed Super Other Pre-Tax Deductions Post Tax Deductions Tax* Net Pay Superannuation Expenses Other Expenses * I wonder if MYOB can have an ETP process whereby the ETP tax actually shows under tax as opposed to a deduction (which can be overlooked by a client when preparing their BAS). Any updates/feedback welcome. "Payroll reports need to enable easier reconciliations" Multi-Currency: Customer deposit payments exchange residual value I am new to using multi currency, however I do understand the logic behind it. When it is a simple case of recording a sale (at a given exchange rate) and then receiving the funds (at a different exchange rate), the difference will be recognised asfx gain/loss. I believe MYOB handles this easily. However when I make use of the Sales Order/Customer deposits facility, it does not work so easily (I am happy to be corrected, but I spoke to support today and they agreed with me and suggested I post details of it here, so this is exactly what I am doing). I have attached screen prints of my example. The chain of events is as follows: 1) Sales Order raised - EUR1000 (AUD 1,200 equivalent) 2) Customer deposit received for full amount - EUR1000 (AUD1,300 equivalent) 3) Sales Order coverted to Invoice Theoretically, after all these transactions, theBalance Sheet accounts (Trade Debtors/Trade Debtors Exchange Account + Customer Deposits/Customer Deposits Exchange Account) should all be nil - i.e. invoice raised and paid in full, so nothing should be left on the balance sheet. But there is - $100DR in Trade Debtors Exchange Account and $100CR in Customer Deposits Exchange Account - these amounts need to offset each other (by a manual general journal). Refer attached screen prints. So I then thought ifmanually cleared the $100 gain at the customer receipt stage (because MYOB will allow you to changethe gain or loss to whatever you want it to be - sounds dangerous), then maybe I would solve my issue. However, I end up with $100CR in Customer Deposits Exchange Account and missing $100CR in FX gain. Again a GJ required to clear the imbalance. Refer attached screen prints. Do you agree there is an issue here? If no, please advise what I am missing. If you do see an issue, will this be fixed? Again, I am very happy to be corrected if I have misunderstood the process. "Multicurrency - Is this a bug?" Sales/Purchases: Option to enter credit or debit note (like status) I know there are heaps of sophisticated suggestions for AccountRight, but this suggestion gets back to the basics of entering Credit Notes 1. Creating Credit Notes CNs would be more efficient ifthere was a “Credit Note” button on the command centre(this make sense for users) AND/OR ACREDIT NOTEoption to choose from in the existing list of QUOTE/ORDER/INVOICE etc (top left of screen). Then when the CREDIT NOTE is selected, the background colour should be differentto that of a normal invoice i.e..shaded pink so it is obvious it is a credit note. 2. Applying Credit Notes When you have entered a Credit Note,you should be prompted to apply the credit note from that data entry screen. This step is easily/often missed at it is not obvious to the user. AND/OR An "Apply Credit Note" button either from the credit note itself or from the command centre (it is not intuitive to have to go and find the Credit Note again before you can apply it) Thanks for reading and tell me if you think this would be useful. "More User-friendly Credit Notes" Reports: Change of bank account detials The audit trail DOES NOT show when bank account details have been changed (ie for suppliers/employees). It reports if the address/phone etc has been changed but not the bank account details. This is Fraud 101 - is this going to be fixed? If I have misunderstood, please let me know, but a MYOB representative did confirm this for me. "Audit trail does not show change in bank account details' Search: Include header accounts in select account drop downs MYOB allows you to create Header accounts in the Accounts List and other lists (e.g.jobs, items, categories etc) But why does it not show these headers in the drop down boxes for ease of reference? (I know we cannot code to them, but it would be are really handy reference point). For example: Accounts list looks like: Training & Development (header account) Engineering (GL account) Construction (GL account) Staff Amenities (header account) Engineering (GL account) Construction (GL account) Drop down box looks like: Engineering (GL account) Construction (GL account) Engineering (GL account) Construction (GL account) (how are we supposed to easily know which account is which?) I do think this would be a useful featurefor making sure the correct account is quickly selected. What do other people think? If you agree with the simple suggestion, please vote for it. "Header Accounts - Ease of use" Accounts List: Column indication for inactive accounts In the Account Lists area, there should be a column (next to the linked accounts column) that indicates if the account is active or inactive. It is very frustrating having to click into every account to see if it is active or not. Also a button that can switch between showing all accounts or only active accounts would be useful. I think these suggestions would be very simple to do, but very useful. If you agree, pls vote for it! P.S. The ability to combine accounts now is such a great function to help clean up account lists! "Accounts List - Ease of Use for Active/Inactive Accounts" Reconcile Accounts: Show memo I have a number of client who need to reconcile large volumes of transactions (i.e. that are imported from front end systems). It would be really useful for these clients to be able to have the "memo" field for each line entry (not just the card name) also showing in the bank reconciliation screen. The workaround is to print a customised report with the information on it and then they try and cross check to the screen - its a bit painful. This could possibly be an optional feature in the setup/preferences area? Anyone else in a similar situation and think this would be useful? "Memo field in Bank Reconciliation Screen" Reports: Default to date last used When doing month end, I often think it would be so much easier if the report dates all defaulted to the EOM dates I was preparing. This made me think, it would be really good if in the Preferences area, there was field that was the default date range for your reports e.g.. 01/09/2012 to 30/09/12 (say just under where it asks about locking periods etc). Then all reports would default to use this data range. You could change this date once EOM was started/completed, almost like a semi-month end rollover feature! (including locking of periods automatically!). I think this would definitely save time getting reports to screen and automate locking periods. Does this interest anyone? "Semi-month end roll over procedure" Spend Money/Receive Money: Indicate how you wish transaction to be displayed for GST Currently, in Spend Money/Receive Money, there is no option to choose which side of the BAS (GST Collected vs GST Paid) the transaction should be reported oni.e.. if its Spend Money = GST Paid and Receive Money = GST Collected. Most of the time, this is the correct treatment, However there are often situations where this is not the case. For example if you receive a refund for a purchase (say a new computer that originally was paid via Spend Money, hence you use Receive Money to record the refund), then it will incorrectly report on the BAS under GST collected, when it should be a reduction in input tax credits. General journal have the toggle button to be able to choose which side of the BAS the transaction should be reported on. Why does Spend/Receive money not have this toggle feature also? The default should obviously be Spend Money= Purchases, Receive Money= Sales, however there should be option to change the GST reporting side if/when needed.I understand there is a work around involving additional tax codes, but I think this just complicates a simple process. Does anyone agree? Share your thoughts. "Spend/Receive Money may incorrectly be reported on the BAS" Payroll: Automatic journal entry to account for leave liability I think it would be great if AccountRight could producethe journal entry required to be processed to record the value of the entitlements on the balance sheet e.g. a just like the journal entry that is printed when using BASLink, but for recording entitlements. AND/OR Click a button called"Recognise Entitlements" and it will do the journal for you to a specified date (obviously you would need to setup which entitlements you want recognised i.e. yes to Annual Leave, no to Sick Leave etc) "Automating recognition of leave entitlements"