Australia · MYOB catch-up
MYOB catch-up bookkeeping and file clean-up
An MYOB file that has slipped for a few months gets harder to fix every week: bank feeds pile up, old cheques sit uncleared, and the BAS reports stop making sense. We work through the backlog inside your MYOB Business or AccountRight file and hand back reconciled books, BAS-ready GST, and a short list of anything that needs your decision.
What we handle
- Backlog bank feeds matched and accounts reconciled, oldest month first
- Uncleared deposits, cheques and duplicate entries investigated
- GST codes corrected so the BAS reports reconcile
- Payroll and super checked against STP before the BAS
- Query log of missing receipts and decisions, sent as we go
Why MYOB files fall behind differently
MYOB files tend to be old. Many Australian businesses have run the same AccountRight company file for ten years or more, so a catch-up is rarely only a few months of bank coding. There are usually historic uncleared items, accounts nobody uses, and GST codes set up years ago that no longer fit the business.
The product also matters. MYOB Business (formerly Essentials) and AccountRight handle bank rules, payroll categories and reports differently, and some files have been moved from desktop to online partway through their life. We confirm exactly what you run before we size the job.
How a MYOB catch-up job runs
- Short review of the file: product, last reconciled date, size of the bank feed backlog, payroll setup
- NDA signed and user access created in MYOB with your approval; access is removed when the work ends
- Bank and credit card accounts reconciled month by month to statements, oldest first
- Uncleared items older than the backlog listed for your decision instead of being deleted
- Supplier and customer balances checked so the aged reports match the balance sheet
- GST codes reviewed on the backlog, especially mixed-use, capital and overseas purchases
- Handover: reconciled periods, a GST reconciliation for each BAS period, and a summary of every change
Payroll inside a catch-up
When a MYOB file falls behind, payroll often keeps running while the ledger does not. We compare pay runs with STP reports and the payroll liability accounts, so PAYG withholding at W1 and W2 and the super liability are right before the BAS is drafted. With Payday Super now in place, we also flag any super that looks late.
Overdue BAS
If one or more BAS periods are overdue, we prepare each period in order, with a GST reconciliation from the MYOB reports. You or your registered agent lodge them; if you need a payment plan or want to discuss penalties, that conversation stays with your agent and the ATO. We are not a registered BAS agent and do not lodge.
After the catch-up
A file that is current only stays current if someone owns the routine. Once the backlog is cleared, we can reconcile your MYOB file weekly or monthly, or hand it back with bank rules set up so your team can keep it tidy. If you have been thinking about moving to Xero, a clean MYOB file is the best starting point for conversion.
Illustrative example, not a client case study
Illustrative example: six months behind in AccountRight
A landscaping business on MYOB AccountRight was last reconciled in March, has two BAS periods outstanding, and runs fortnightly pay for five staff.
- File reviewed and the backlog sized: two bank accounts, one credit card, about 1,400 feed transactions
- March to August reconciled in order; 37 uncleared items from earlier years listed for the owner's decision
- GST corrected on equipment purchases and a private vehicle expense
- Pay runs compared with STP and the payroll liability accounts before each BAS draft
- Two BAS drafts prepared with GST reconciliations for the accountant to review and lodge
Both BAS periods go to the accountant reconciled, and the owner moves to a monthly routine.
Who does your work
- Prepared by: our AU/NZ bookkeeping team at the VedhaNirvana Private Limited delivery centre in Chennai, working inside your own Xero, MYOB or QuickBooks file.
- Accountable for delivery: Venkateswarlu Lagasani, Director, VedhaNirvana Private Limited.
- Lodgement and sign-off: stay with you or your registered tax or BAS agent. We prepare; we do not lodge.
Related
FAQ
Do you work in MYOB Business or AccountRight?+
Both. We also work in AccountRight files that have been moved online. Tell us your product on the first call and we confirm the approach.
Will you delete old uncleared items?+
Not without your approval. We list them with dates and amounts, suggest how to treat each one, and only make changes you or your accountant agree to.
Can you finish before my next BAS is due?+
Often, if we start early. We give you an honest view after the file review, including what can be done first if time is tight.
Do you lodge overdue BAS with the ATO?+
No. We prepare each BAS draft with a GST reconciliation. You or your registered agent review and lodge.
Can you help us move from MYOB to Xero after the catch-up?+
Yes. We clean and reconcile the MYOB file first, then prepare opening balances and reconciliations for the move.
Ready to start?
NDA first. Optional free trial file. We respond within 12 hours.