Verdant
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Joined 11 years ago
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Allow Job P&L Reports Across Financial Years
I regularly work on jobs that span two financial years, and every February–April I run into the same issue: I can't get an accurate Job Profit & Loss report. For example, a client might pay a deposit in February, then I purchase components over the next few months, and finally issue the sales invoice in April—after the new financial year begins. Because of this, the income and expenses fall into different financial years, making the Job P&L report incomplete and misleading. The current workaround—exporting reports from each financial year into Excel—is time-consuming, clunky, and frustrating. The data is already in MYOB, so surely there's a better solution. Please consider enabling Job P&L reports to pull data across multiple financial years. This would save time and reduce errors for so many businesses like mine. Thanks in advance—this would make a huge difference!17Views3likes1CommentRe: Do you now need a cellphone to run MYOB account right with 2FA
Using a phone isn't ideal at all. I don't see how SMS is any more secure than an email. Someone could steal your phone, and a notification pops up on your screen with a code. Accessing email on a PC requires firstly to be able to login to the PC and then a further log in to emails. Having requirements for staff to use their own personal phone for such things is not fair to them. We'd have to compensate staff or buy a shop phone just to get into MYOB. Yet another cost to small business. After 18 years of using MYOB this might be deal breaker for us.32Views0likes1CommentRe: Do you now need a cellphone to run MYOB account right with 2FA
Hi Mike, thanks for your reply. We are NOT going to set up an individual login for every individual. all 4 of them work on average once a month or less. And as mentioned one of them doesn't even use a cellphone. Yes I have a 2FA set up. But currently I only have to use this when logging in online. I have never used it when logging in on our PC programme. What are our options? Can't we get a 2FA via an email? that is what we currently do on the 30 day cycle. I am not wanting to be called every single day someone needs a 2FA.68Views1like5CommentsDo you now need a cellphone to run MYOB account right with 2FA
I've just received an email, telling me we need to set up 2FA by 30 September. In order to get 2FA you need to either use an app or get an SMS. We have Account Right set up on a shared computer at work. Its all one login for 3 soon to be 4 people as its used as a POS. One of my employees does not use a cellphone. and 2 others are not very computer literate. So how are they going to be able to log in without using 2FA?116Views0likes7CommentsCleaning up Inventory Quantities
I am re doing this post as the issue didn't get sorted 2 years ago and can no longer comment on the post. We recently did our end-of-year stocktake and wrote off some old stock. We sell in part quantities. Our stock count sheet said we had 1.5 metres of fabric. So In the stocktake adjustments,(adjust inventory) we wrote off the 1.5metres. However, despite the Items register saying we have no stock, Items list show a much larger negative amount. Here is a screen shot below:Solved64Views0likes4CommentsRe: Inventory Categories and Value subtotals
Thanks Gavin. One of my other related problems was the Inventory Value Reconciliation Report was always unbalanced. I thought it was perhaps because I was using several Inventory accounts. However, I think I may have found the problem: At stocktake time, any stock write offs and losses was going to a separate account account, but it wasn't coming off the inventory total. So I think you are right. Using an Inventory Asset account is the best way to go, as long as its managed correctly. Neither my bookeeper or accountant know how inventory works - well at least not in depth. So how do I go about finding an inventory specialist for MYOB?Inventory Categories and Value subtotals
I want to create a report that tells me not just what my total inventory value is, but what particular product type subtotals there are. For example, I sell cushions from varying brands. I just want to know the total value of the cushions we are currenlty holding. A while ago, I did create 5 separate Inventory Asset account codes, but that has just created a big mess with end of year accounts. according to the Inventory Reconciliation Report - it is always unbalanced. So I want to simplify it and just go back to one Inventory Asset account. I also assigned a categories to different products. I can then create an Item Summary report and group those products together. But unless I export it to Excel and manually create subtotals. It doesn't give me the report I need. I don't have time to sit there and manually create subtotals in Excel to determine the value of a product type. I need a quick report.SolvedCustomer Deposits in the Trial Balance - where does this info come from?
Customer Deposits in the Trial Balance - where does this info come from? I have just been having a conversation with my Accountant. For a few years now our Customer Deposits figure in the Trial Balance for the EOY is incorrect. It is always sitting higher than it actually is. How do we track what is going on? How do we run a transaction report for this? We can figure out what we are doing wrong and fix it.149Views0likes1Comment