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More and more Australian accounting practices are using MYOB Practice Compliance to connect client ledgers in a single workflow. This quarter, we’re looking at new features and upcoming updates that will make that work even faster and smoother for MYOB users.
Here’s what is already live, and what we delivered in Q1, 2026.
Expanded workpapers and richer financial detail – Client Accounting
You and your team can now complete more of the core compliance work in-platform, with richer financial detail in Client Accounting. Deeper account-level disclosure flows through to financial statement reporting, supporting greater transparency and alignment with the underlying ledger. This upgrade removes previous detail limitations, enabling more practices to complete their compliance workflow in one place.
More detailed chart of accounts and financial reporting: Additional account codes and deeper financial statement detail will give practices the level of disclosure they need directly in-platform. This means notes align more closely to the original ledger, improving clarity and confidence.
Four new workpapers added: Entertainment, Travel expense and Inventories workpapers are now available, bringing the total to 36, with another to follow shortly. As these workpapers are released, more of the compliance workload can be completed inside the same standardised workflow.
Work moves faster by default
Together these updates mean less time spent reconciling and reworking reports, letting teams move from job to job with more confidence. Automation and structured workflows compound efficiency from ledger to lodgement.
Discover all workpapers now available in Client Accounting here.
Faster, more seamless tax preparation in Tax in MYOB Practice Compliance
The lodgement processes in MYOB didn’t align with our promise of speed, ease and efficiency, so improving the online Tax experience has been a real area of focus on our product roadmap.
Recent updates to Tax Return functionality in Tax have dramatically improved usability. If you haven’t tried this functionality in a while, now’s the time to dip back in. The changes that will make your team faster and more confident in the numbers:
Tax returns are now split into sections instead of one long, scrolling form, making the tax preparation experience faster and more responsive. You can prepare your work one clear section at a time, with smoother typing and navigation, and less slowdown when creating or opening schedules, running ATO Prefill or IRD prepop, and moving through validations.
All Capital Gains Tax worksheets are now available for individuals, companies and trusts. Accountants can enter asset details just once, which flow through to the correct return fields using a consistent in-platform workflow.
Addition of a summary of taxable income and adjustment types in tax estimates gives accountants clearer insight into how different components of the return contribute to the overall Tax payable or refund.
Adding supporting breakdowns and internal notes to some return fields keeps calculations and context with the figures and removes the need for separate worksheets.
First-time users are automatically guided through the software at each stage of the tax workflow for preparing and lodge returns.
Goodbye bottlenecks
With these changes, you’ll see performance lift across the whole process. That means better, faster validation, prefilling and return processing will prevent bottlenecks and minimise repeated delays.
Because teams are working from the same shared context, they can spend less time explaining or reconstructing how work was done for faster, cleaner reviews and fewer handoffs.
Learn more about the latest updates in Tax here.
Incremental changes, real impact
Every efficiency win removes a little friction from your workflows. Over time, those small changes deliver real gains. Better service for clients, stronger margins and more confidence in your numbers and reviews. That’s what these updates are designed to support: faster workflows, fewer bottlenecks and less time spent managing process.
These improvements are part of MYOB’s ongoing focus on helping accounting practices work smarter.
Information provided in this article is of a general nature and does not consider your personal situation. It does not constitute legal, financial, or other professional advice and should not be relied upon as a statement of law, policy or advice. You should consider whether this information is appropriate to your needs and, if necessary, seek independent advice. This information is only accurate at the time of publication. Although every effort has been made to verify the accuracy of the information contained on this webpage, MYOB disclaims, to the extent permitted by law, all liability for the information contained on this webpage or any loss or damage suffered by any person directly or indirectly through relying on this information.
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