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All-new Client Accounting in MYOB Practice Compliance

Technology

MYOB are expanding their cloud offering with next-gen Client Accounting, a new module within MYOB Practice Compliance- the all-in-one solution for core compliance.

By MYOB 3 minute read

The new cloud-based Client Accounting streamlines how accountants collect, prepare and deliver financial requirements for greater efficiency. Standardise workpapers and financial statements with consistency and quality, supported by powerful AI Assistants.

Users can now complete these workflows in the cloud for clients with company and trust structures. Plus, save time with AI-assisted ledger mapping, transforming fragmented client data into a single, streamlined chart of accounts.

  • Connected and automated dataflow: Reduce manual handling and improve accuracy with live data flowing directly from your clients’ software into online workpapers and financial statements.
  • Collaboration and visibility: Simplify the review process with built-in messaging tools, progress tracking, side-by-side comparisons and audit trails. Creating a smooth review process for managers.
  • Powerful portfolio-wide data analysis: Unlock client engagement opportunities with access to your entire client portfolio to identify trends and set up automated alerts.
  • AI Assistant for account mapping: Save time with AI-Assisted mapping from any client ledger to a standardised chart of accounts, turning inconsistent client data into a single, streamlined format.

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