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Every practice works differently. Some need a simple way to manage BAS. Others are bringing tax, financial statements and workpapers into one place, with more people involved across the workflow.
That’s why we’ve introduced three MYOB Practice Compliance packages. Shaped by what we hear from accountants and bookkeepers, and built around how practices work today, these packages make it easier to choose the setup that fits your team, your clients and the way your practice is growing.
Here’s what you need to know.
Three ways to use MYOB Practice Compliance
Until now, access was organised by module, and you paid per user for each module they needed. Cost followed headcount.
Moving to this one-platform view, you now get three clear packages that group the functionality you use today in tiers built around how much of the workflow your practice needs, and, importantly, the whole team can access it.
It's one workflow that runs across the entire entity, rather than access being carved up by module or by user. Add staff, give the whole team access, and work from anywhere.
Our new setup pulls workflows into three packages: Starter, Core and Pro. Each one is designed to fit specific practice needs, with the right set of workflows and functionality to help it thrive. It’s a simpler way for practices to navigate the shift to Practice Compliance.
Let’s look at each package:
Starter Compliance
As the name suggests, Starter Compliance is Practice Compliance’s free tier. It covers the operational layer of compliance work, including client management, documents, tasks, BAS lodgement, and purchasing. It’s ideal for bookkeepers and smaller practices managing BAS, and it’s free for MYOB Partner Program members.
Starter Compliance includes:
Client workspace
Document sharing and e-signature
Tasks
MYOB File purchasing
BAS preparation and lodgement
Asset register
Core Compliance
Core Compliance is a step up, with more data-driven insights included. This package is typically suited to small but ambitious practices, with 3-9 full-time employees, that want to manage the full compliance workflow on one platform.
Core Compliance includes:
Everything included in Starter compliance
Standard chart of accounts with AI-assisted mapping. Standardise client data from different platforms, so your team can work more consistently across clients and spend less time setting up files manually
Financial statements
Insights. Run queries across your client base and see how they’re performing
Assets integration. Assets data flows from the assets register to tax worksheet. ATO integration means numbers flow from the ATO into specific tax and BAS forms
Tax returns
Pro Compliance
Pro Compliance is a good fit for ambitious, upper-end small practices (6-9 full-time employees), and scaled compliance practices with more than 10 employees, where team consistency and structured workpapers matter. Whatever the size or scope, it’s about putting clear compliance processes in place, so a practice can focus on its customers.
Pro includes:
Everything included in the Core Compliance package
Advanced workpapers
Clear, connected, client-focused
The details may be different, but all our new Practice Compliance packages deliver on the same basic promise: a connected workflow for your compliance obligations. The Practice Compliance platform centralises the work against the client. Synced client ledgers and standardised workpapers cut manual work and ensure consistency across your team.
Accurate numbers, no matter which client
Manual data entry is time-consuming, and it also risks human error creeping into your process. With Practice Compliance, whether the client is using MYOB or another accounting platform, live data from client ledgers automatically maps to a standardised chart of accounts. This means you’re working with accurate, up-to-date information, and using the same compliance process for every client.
Key benefits:
Prefill BAS and workpapers from client data via live sync or CSV upload
Get risk flags and client insights from inside the workflow
Follow a guided workflow that tracks progress as you go
One platform, one client record
Sick of managing tax in one place, client accounting in another, and logging onto another platform for lodgement? With Practice Compliance, it all happens under one digital roof, giving you a complete, accessible record of work for every client. This cuts down on switching between systems and makes it easier to share updates with clients.
Key benefits:
Prepare BAS, tax returns and workpapers in one system
Lodge directly to the ATO from Practice Compliance
Send, request e-sign, and store client documents
Consistent work, clear progress
When every staff member prepares workpapers in a slightly different way, you risk inconsistent records and an unclear compliance process. This can make it hard for your team to collaborate or take over work and may lead to issues with future work.
Practice Compliance gives your team standardised workpapers, prefilled data and a preset compliance workflow to follow. Staff members can tag each other and leave comments, keeping context in the clients file, while progress is tracked in the system. This means anyone can jump in to complete a job; no more handover meetings or duplicate work.
Key benefits:
Standardise all files to one chart of accounts
See work progress and BAS deadlines in the system
Complete digital audit trails recorded against the work
Work from anywhere, with the whole team will have access to the same file
Ready for a more connected compliance experience?
Imagine a compliance workflow that just works: live data that shows up where it’s needed, workpapers that provide consistency, and progress that’s clearly tracked at every stage. With Practice Compliance, it’s possible. The platform is a one-stop shop for compliance, helping you manage everything in one place, with a clear overview for every client.
There’s a Practice Compliance package for everyone; whether you’re a small, thriving practice or you’re scaling up as we speak.
Want to know more? Register for our upcoming webinar to see MYOB Practice Compliance in action, or get in touch to learn more about the Practice Compliance platform.
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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.
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