MYOB bookkeeping for Australian businesses

A named person on our team owns your file and reviews everything that leaves it. Software does a real share of the grinding underneath it — coding, matching, flagging the obvious gaps — but nothing regulated happens without a person’s judgement, and nothing here is signed or filed by an algorithm.

No — myob bookkeeping is operational work inside your books, not something submitted to ATO. Where a filing does sit downstream of it, inside software we work in more broadly, that stays with your registered BAS or tax agent, never with us.

Whatever you already run. Most commonly QuickBooks, Xero, NetSuite, Sage, Zoho Books and a handful of others — we work inside your system rather than moving you onto one of our own.

A short, free read-only look at what you already have, and a written note on what we found. A scoping call decides the size of the engagement — nothing here commits you to anything.

There is no published price for myob bookkeeping — it depends on volume, how many entities are involved, and how far behind the books are. We quote after the read-only review, which is free.

MYOB bookkeeping sits inside software we work in, alongside QuickBooks bookkeeping, QuickBooks cleanup, Xero bookkeeping. Most clients end up buying the category as a whole rather than one leaf at a time, but starting narrow is fine.

AccountRight carries more of a desktop-file heritage in how its linked accounts and clearing accounts behave, and tends to be the file older, more established businesses are already on. MYOB Business is the newer cloud-first product with a flatter setup. We work in whichever one you run — the choice of product is yours to make.

No. Which software you run is your decision. We can describe how the two MYOB products differ in day-to-day use if that's useful, and the decision to change stays with you — the mess in a file is a history problem, not a product problem.

GST, FRE, INP, ITS, EXP, GNR, CAP and N-T each route a transaction to a different place on the BAS — taxable sale, GST-free, input-taxed, export, no-ABN withholding, capital acquisition, and not reportable at all. We apply the code that matches what the source document shows and flag anything ambiguous; what actually goes on your BAS is your registered agent's call.

It's where MYOB posts Receive Money transactions — cash, EFTPOS, cheques — before they're grouped into an actual bank deposit through Prepare Bank Deposit. It's meant to clear close to zero each cycle. A balance that sits there for months means recorded takings were never matched to a real deposit.

Wage, superannuation, entitlement and deduction categories aren't just labels — since STP Phase 2 they each map to an income type the ATO expects in every pay event. A category built with the wrong mapping keeps reporting incorrectly on every pay run until someone checks it, so setup matters as much as the pay run itself.

No. What we do is keep the ordinary-time-earnings flag correct on each wage category and hand your registered agent the per-employee, per-fund data the calculation needs. Working out the actual liability is theirs to do.

We set up and check the payroll categories that feed STP, and we organise each period's pay event data by income type so it's ready to review. Reporting that data to the ATO as your agent is done by your registered BAS or tax agent.

We audit existing bank rules against the tax codes they assign, rather than checking each matched transaction on its own, so a rule that has been quietly misapplying a code gets caught by the pattern across months.

Yes. Reconciling GST tax codes, clearing out the Electronic Clearing Account, and checking payroll category setup on a file with a mixed history is part of this service. Historical manual adjustments get documented when we touch them, not layered over.

Invited-user access at the permission level the work requires. The subscription and the file stay yours, with admin access remaining fully in your hands.