Claims into MYOB
Connect a company to its MYOB AccountRight company file once, and a certified claim becomes a tax invoice in your own books, raised from the figures your head contractor certified or, where no schedule arrives in time, the ones you claimed. It works with Australian company files kept online, and every member of an organisation connected to MYOB signs in with two-factor. MYOB is open to some organisations ahead of the rest: if you run it, ask us to switch it on for yours.
What the connection does
The claim, in your own books.
Connect once for each company. After that, a certified claim becomes an invoice in MYOB when you confirm it, without anybody keying it in again.
- Certified claims are raised as tax invoices in your own MYOB company file, from the certified figures.
- MYOB numbers the invoice, and the claim's number rides on its PO number, so the two can be matched.
- Retention withheld comes off on lines of its own, posted to the retention accounts you nominate.
- A retention write-off posts as a general journal.
- An unpaid invoice that falls out of date is corrected from here. Once money is applied to it, it is corrected in MYOB.
- Payments applied in MYOB come back to the claim, so what has been paid shows against it.
- Counterparties link to their MYOB customer and supplier cards once and stay linked.
- Your sales and retention accounts and your tax codes are chosen once, from your own chart.
- A head contractor's issued payment schedules can be recorded as bills in MYOB.
- Nothing is written to MYOB until you confirm it. The connection is made per company.
Before you connect
Who can connect today.
- Australian AccountRight company files kept online.
- Every member of an organisation connected to MYOB signs in with two-factor.
- Open to some organisations ahead of the rest. If you run MYOB, ask us to switch it on for yours.
Who can connect, what has to be set up first, and what lands in MYOB: connecting and using MYOB.