Forum Discussion

PamL's avatar
PamL
Cover User
5 years ago

BMS ID

Hello MYOB Community  I've read previous posts asking about how to find MYOB's BMS ID for STP.  None have come up with the answer.  I realise that there is a Software ID that relates to STP in MYOB...
  • Tracey_H's avatar
    Tracey_H
    5 years ago

    Hi PamL 

     

    To transition to a new payroll software you would need to either -

    1. migrate your YTD information to the new software. Then zero out the data in the old system and create an update event to zero the YTD amounts with the ATO.
    2. Finalise the information in the old software and start reporting from zero in the new software.

    Both options will prevent payroll information being double up with the ATO.

     

    Please let me know if you need further help.

     

Tracey_H's avatar
Tracey_H
Former Staff

Hi PamL 

 

To transition to a new payroll software you would need to either -

  1. migrate your YTD information to the new software. Then zero out the data in the old system and create an update event to zero the YTD amounts with the ATO.
  2. Finalise the information in the old software and start reporting from zero in the new software.

Both options will prevent payroll information being double up with the ATO.

 

Please let me know if you need further help.

 

PamL's avatar
PamL
Cover User
5 years ago

Thanks Tracey Tracey_H 

I actually had done this so I should be right. 

 

However MYOB, how hard would it be to have the BMS ID available - this way we could have positive continuation of all payroll.  I realise that you probably don't want to make it easy for people to move to another software, but please put it on your wish list.

 

Thanks

  • ShannonS's avatar
    ShannonS
    Partner
    5 years ago

    Completely agree Tracey - this doesn't just apply to people moving from MYOB to another software but for those looking to convert TO MYOB.  

     

    They cannnot do so easily without doubling up on the income reported and they shouldn't need to process extra payruns to zero out the data!. 

    Quickbooks Online and Xero have got it and they're charging a lot less than $110 per month!