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How payroll linked accounts are set up after upgrading

Linked accounts are the default accounts used for various functions in MYOB. They work behind the scenes to make sure that the right accounts are used consistently and correctly. This saves you from needing to choose an account every time you use a function.

If you've upgraded from MYOB Essentials to MYOB Business, it's a good idea to understand how linked accounts work.

Linked accounts are similar to the system accounts used in MYOB Essentials – but there are the key things relating to payroll linked accounts you should note:

  • the bank account for paying wages is now the linked accounts for cash and cheque payments

  • there is a new linked account for electronic payments

  • the PAYE withholding and and KiwiSaver employer deduction linked accounts have been combined

  • you can can change some linked accounts.

You can view your payroll linked accounts by going to the Accounting menu > Manage linked accounts > Payroll tab:

Payroll linked accounts after upgrading from MYOB Essentials to MYOB Business

How we've mapped payroll system accounts to linked accounts

During the upgrade, we've mapped MYOB Essentials payroll system accounts to the relevant feature-level linked accounts in MYOB Business. We've also updated the linked account's balance with the system account's balance.

Here's how we've mapped system accounts to linked accounts:

You can change linked accounts

In many cases, you can choose a new linked account, edit a linked account's details, or choose not to select a linked account for certain functions. In MYOB Essentials, all system accounts were locked down and couldn't be edited or unlinked.

For detailed descriptions of the linked accounts available in MYOB Business, and how to change them, see Managing linked accounts.