MYOB Australia has advised that the 2011/2012 Compliance Release is now available for AccountRight Users.
Updated products include MYOB AccountRight Plus v19.6 MYOB AccountRight Premier v19.6 MYOB AccountRight Enterprise v19.6
Changes you should be aware of…
How do I access the Compliance Release from MYOB?
You can download the Compliance Release via my.MYOB under “My Products”.
The Compliance Release will be sent to you direct from MYOB on DVD if you have a current support plan.
If you are unable to access the download, please call MYOB Customer Service.
If you are updating from MYOB AccountRight v19.5 to v19.6 the Datapel WMS Plus, Professional, and Enterprise v1.6.150 and above will be compatible with the upgrade.
Important Upgrade Steps:
You will not be able to start entering payroll transactions in July until you have rolled the payroll year over. However, once you have rolled the payroll year over you will not be able to print payment summaries. You should print the payment summaries before you roll the payroll year over, or you can use the prior year file we created above.
Once the payment summaries have been printed you can roll the payroll year over through File/Start a New Year.
Detailed Guide: End of Payroll Year Guide
You should not roll over the financial year until final tax entries for the current year have been received from the tax accountant and entered. Keep the “current year” as the previous financial year and just run reports for “Next Year” until the Tax Return has been finalized.
Before you roll over you should make sure you get any tax entries from the tax accountant for the current financial year before you roll over, otherwise you will not be able to run any profit and loss reports for the new financial year. To actually do the rollover go to File/Start a New Year/Start a new Financial Year.
Detailed Guide:End of Financial Year