Connecting to MYOB AccountRight

MYOB integration set up guide (Essentials & AccountRight)

Connecting to MYOB (Essentials & AccountRight)


There are different versions of MYOB that Lightyear can connect to. Please follow the below steps to connect to both MYOB Essentials and MYOB AccountRight. Some notes will be version specific, so please follow these carefully as we go.

Because these versions of MYOB and Lightyear are both cloud-based, the set-up and connectivity between the systems is seamless. But before we proceed, please ensure your connection with MYOB is set up as follows. This is a one time connection. 

For MYOB AccountRight:
You MUST check the 'Link this User ID to your my.MYOB account' box. Lightyear will not successfully connect with MYOB if this box is left unchecked.

Link User ID
** Make sure this checkbox is ticked

From the Navigation Pane, head over to Settings > Accounting Software > select MYOB > Connect. (applicable for both Essentials and AccountRight).



Click Continue and you will be redirected to the MYOB website and be asked to log in to your account.  




Enter your MYOB credentials to log in to your MYOB accounts. 

Lightyear will then retrieve a list of the MYOB company files you are associated with. You will also be prompted to enter your multi authentication code.



Once sign in is successful, you will be redirected back to Lightyear and the following message will be displayed. Take note!



You will be presented with this familiar screen. As the previous pop up window mentioned, go to Software Settings > Edit > select your company.


You will need to click on the drop down menu next to "Select your Company" to select the file you wish to connect to > Confirm.
Click Import back on the main page to bring back all your MYOB records.
Take a moment to make sure you have connected to the right file





If you use Jobs/Categories for AccountRight, you can also choose to import them at this point by selecting Yes to Jobs/Categories.  
MYOB Essentials do not run Jobs/Categories at the time of writing this article, so if these are selected in Lightyear, the fields will not populate and appear as blanks.

Once you click OK, Lightyear will connect to MYOB and retrieve your company file data.  You will now be presented with a message like this below one confirming the data was imported.

Lightyear will automatically sync the following data back from MYOB which are required to process your payables bills: 
  • Supplier Cards
  • Customers (if setting is switched on and set up in MYOB)
  • GL Codes
  • Tax Rates
  • Classes & Locations (if setting is switched on and set up in MYOB)




You now have created a successful connection between Lightyear and MYOB.  

Step 4: The next step is to go to setup your default Tax Rates. Click here to learn how.

Are you having trouble connecting?

If you do not know your Company file user ID and Company file password (to put into the 2nd login) then it is likely that you do not have one and therefore you should be able to use 'Administrator' for the User ID and then leave the password field blank. But if this does not work you may have had an Administrator password setup on your MYOB company account when it was originally set up and you will need to speak to the relevant person in your team, but if they do not know it, you will need to get this removed by phoning MYOB (this password cannot be simply reset)

If you are a MYOB Partner call 1300 555 114
If not call 1300 555 123

Please note they may charge a small fee for doing this and someone from your team with the relevant authority will need to make the call to MYOB.

Please note that if you are having trouble connecting/logging in to MYOB from Lightyear for the first time it may be that your user access within MYOB has not been set to Online Access. You should ensure the my.MYOB user account authenticating is either an owner of an online AccountRight company file or has been shared access to one. There are more details in this MYOB support link



Software Settings

Customize your MYOB settings by selecting Software Settings.  In this section, you can:
  1. Turn on or off the functionality of using categories (only applicable to AccountRight)
  2. Turn on or off the functionality of using jobs (only applicable to AccountRight)
  3. Indicate to send the last 8 digits of your invoice/bill number to MYOB in the Purchase Order number field when your bills are exported.  
  4. Turn on or off the ability to automatically apply categories on line item level


Activate Categories/Jobs (applicable to MYOB AccountRight only)

  1. For those using Categories/Jobs in MYOB, select Yes to allow Lightyear to code and export these details to MYOB
  2. If you do not require classes/locations, you can simply select No
  3. You could also switch on one and not the other
Read on below for more information on Categories/Jobs.

Override Purchase Order Number with Bill Number on export

  1. If you select Yes for this box, Lightyear will ignore any PO number data extracted from a bill, or manually entered, and will replace it with the last 8 digits of the bill number.
  2. If you prefer not to override the PO number with bill number, you can simply select No

Automatically apply categories on line item 

  1. Yes - save time by coding it in Lightyear, and we'll remember the next time we extract the line item what you last coded the supplier lines.
  2. No - keeps these blank and code them individually 
Read on below for more information on this.

Automatically apply GL Codes on a line item level?

  1. Yes - Save time by coding it in Lightyear, and we’ll remember the next time we extract the line item what you’ve coded the supplier lines to.
  2. No - keeps these blank for you to code individually.

Group Line Item Data?

  1. Yes - Invoices will be exported with grouped data per the GL Codes used.
  2. No - Invoices will be exported with normal line item data
For the full article on this, click here.



How supplier cards work


In Lightyear you have Suppliers.  You can name your Suppliers whatever you want.  For example, your supplier might be called "Carlton and United Breweries Pty Limited", but you can simply call them using a 'Preferred Name' e.g. "Fosters".  Within MYOB you also have Suppliers, but to avoid any confusion we will refer to your suppliers in MYOB as Supplier Cards.  To illustrate further we will use the below fonts to differentiate between them:
  1.  Suppliers  - the Supplier profiles created in Lightyear to house all your rules
  2.  Supplier Card  - your Supplier Cards from MYOB (also referred to as an Accounting Supplier).
Before you can export a bill from Lightyear to MYOB you must first link the  Supplier  in Lightyear to the  Supplier Card . In fact, you will not be able to send a bill to the Signed Off tab in Lightyear without first linking an Accounting Supplier i.e.  Supplier Card  . When you first connected Lightyear to MYOB, Lightyear imported all of your  Supplier Card . Therefore, when you create a new  Supplier  in Lightyear, you can simply associate that  Supplier  with the  Supplier Card  from the dropdown list presented to you, as shown below.



If you didn't assign a  Supplier Card  when you created the  Supplier  in Lightyear, you can assign one by going to  then selecting the  Supplier  in question, and clicking Edit to select the  Supplier Card  under Accounting Supplier.

Alternatively, if you cannot find the  Supplier Card  from the drop down list, check first that they don't exist in MYOB. If they do exist in MYOB, simply Import from Quickbooks Online again to bring them back into Lightyear. If they don't exist, you can click on the  to create a new   Supplier Card  and this will create a new one in MYOB upon export. 


Processing a bill for a new supplier that is not yet set-up in MYOB

If you are processing a new Supplier through Lightyear that has not been set up in MYOB, you must go to MYOB and create the supplier card in there before returning to Lightyear, go to Admin tab > Suppliers Cards, then re-import your Supplier Cards.

Some things to note:
  1. You can associate an MYOB Supplier Card with multiple Lightyear Suppliers.
  2. If you make changes to the Card ID / Supplier Name in MYOB, you must return to Lightyear and refresh the Supplier Cards (Accounting Software > Supplier Cards > Import)
  3. If 'Individuals' are imported into Lightyear they will show up as a blank supplier card in the bottom of the supplier card list. If you want to use them you will need to change them to a 'Company' and then re-import your supplier cards.



GL Codes (Chart of Accounts)

MYOB knows them as the “Accounts”. Your chart of accounts are referred to as "GL Codes" in Lightyear.

Again, because of the connectivity between Lightyear and MYOB if you create or edit your Accounts in MYOB you simply need to go to Accounting Software > GL Codes > Edit > Import from MYOB.
If you wish to reduce the number of GL Codes that Lightyear presents to you on its drop down lists, go to Admin > GL Codes > edit and un-check the "In Use" box for those that you do not want displayed.  

NOTE: by un-checking a GL Code you are not deleting it from Lightyear, you are simply excluding it from the list of GL Codes that are available to use within Lightyear.

You cannot post bills to Header Accounts - MYOB does not allow it so do NOT assign Header Accounts as  GL code to a bill within Lightyear



Set your default tax rates


Once Lightyear and QBO have connected, Lightyear imports all of your QBO tax rates. Select which of your QBO tax rates are to be defaulted for taxed and non taxed items.
This can be set under Accounting Software > Tax Rates > Edit as shown in the image below. 

The image below shows what a typical set looks like. We have ticked the 2 standard tax rates (Goods & Service Tax) and GST Free).


Note:  Australian tax rates shown. Your tax rates may differ to the above dependng on your region which would be reflected from your MYOB file

Once you have done so, click Save. When Lightyear detects that an item is taxable or non-taxable, it will use these defaults to send with the bill/line-data to QBO unless you choose to assign another non-default tax code to the item.  

You MUST have a default tax code set up in order for bills to be exported to MYOB


Setting a default tax rate against a certain supplier

Usually the Supplier tax rate is left blank, which allows the 2 defaults set above to work with maps.
But there may be circumstances where you assign a certain supplier with a different tax code to the defaults you have set at company level.
Go to the Suppliers > Select Supplier > Edit. You can then choose to set a default tax rate from the drop-down list.

Supplier tax rate

Please note that you can only set one default tax rate.  If you set a taxable rate as the Supplier default, your Lightyear company non-default tax rate will still be applied if there is a non-taxable item within the supplier bill, and vice-versa.



More about Categories & Jobs


You do not need to set a Job or a Category - they are not mandatory fields.

If you do not already have the option enabled in Lightyear you need to go to the Accounting Software > Software Settings and put a tick in the Categories and/or Jobs box as shown in image below;





Categories

Next you need to import them by going to Accountanting Software > Categories > Edit to import them (area 1 as per screenshot below).


Please note, you can only assign a category at invoice/bill level, not at line level.


Jobs

Next you need to import them by going to Accountanting Software > Jobs > Edit to import them (area 1 as per screenshot below).

Jobs can be assigned either at an invoice/bill level, or at a line-by-line level. 


If you have Categories and Jobs that you won't be using in Lightyear, you can set these to Inactive by unchecking the In Use box (area 2). Note that having a large number of active Categories and Jobs could degrade the app performance.



If you want to create new Jobs/Categories you need to do so in MYOB before importing the new ones to Lightyear as above.



More about Automatically Applying Categories

By switching this on, Lightyear will remember the Tracking Categories you have previously selected, and automatically apply these the next time the invoice is received in the Approvals tab.

This can be set as a supplier default, meaning one category will be selected for all lines of an invoice, or it can be set on a line-by-line basis, based on the product code.

To set as a supplier default, go to your Supplier, and under the Class/Location fields (these may be called something else in your Account), select the required option from the dropdown:



To set on a line-by-line basis, go to your Supplier > Products. Click the green pencil on the item you want to edit, and under the Class/Location fields (these may be called something else in your Account), select the required option from the dropdown:








      

    Check out release notes for Q2 2021



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