Reports: Ability to produce reports for more than current, next and last financial years (historical information)

Hi

Would it be possible to have a different year-end  function ? maybe one similar to the current 'lock period' function

that can be unticked (with care of course) and/or, ability to view/report on past years' GL transactions?

Especially for use by an accountant , useful when client has inadvertantly rolled the financial year , before the accountant has had time to provide EOY adjusting entries; after preparing the Tax Return,often prepared the following April after YE June.

The ability to only  have 2 years of BASLINK available , is also a little restrictive. .. reprinting the reports  being a useful tool when preparing a GST rec.

 kind regards

Please implement the possibility of reporting from past financial years. Eg: profit & loss.

It aids in creating future budgets, looking at past performance and comparing over a period of time.

This is a very relevant reporting facility and is something that I have used with other accounting packages previously.

It is quite frustrating to find that to access past history I have to either restore previous backups or keep hardcopies.

Would it be possible to consider having a way to generate Accounting Reports that stretch across multiple Financial years.

For example - be able to generate a Profit & Loss statement that stretches back from 2008 to 2015?

Cheers,

John

As an accountant dealing with multiple clients, I'm frustrated that I cannot run the GL Detail Report for prior years - particularly when I'm researching an asset, liability or equity account - that is, what its' balance comprises.

It's particularly important at year end, when I'm preparing the annual accounts.

Currently I have to instead run a Find Transactions query and then save the screen as a GIF picture, using the Windows 10 Snipping Tool. An unprofessional solution.

Kym Yeowarrd CPA ACIS

Darwin

When its required by the ATO to retain records for up to 7years I find MYOB AccountRight inefficient to support.  MYOB account right reporting only allows 3 year periods.  I just went to run all my 2018 reports and I can't because you've got FY20/21 (which hasn't even started) taking up one of the years. The instructions I've found to get previous reports is complex and time consuming and problematic for a novice (locate and restore a backup from before the financial year was rolled).  It could be very costly if I have to ask my accountant. 

When are you planning to make more years available? You should at least have 4 years where one is taken up for a new year that hasn't started. As an interim solution can you run these and provide them to us?  

I wanted to run monthly and yearly P & L statement reports for the past 5 years so I can prepare a summary spreadsheet/report showing the history and trends to help guide the business.   

The General Ledger Detail report will not run for previous years even if the data for the provious year is not deleted in the year end process. 

We use the General Ledger Detail report regularly to identify expense transactions.  These can be viewed from the Account card but not easily printed.  The account Transactions accrual provides a proxy but does not include the all of the same fields.

It seems that this may be a hangover of the old days when you had to purge transactions from pervious years in the year end process.

With reference to Account Right Live, MYOB does not have the capability to produce some current financial year (2018/19) reports without closing the last financial year (2017/18).  Let's say, If I need to see my P&L for July 2018, I can't produce this report unless I have closed 2017/18. I don't believe, only giving the option to work on the file but not giving the option to produce vital reports are good enough. MYOB need to fix this limitation.

I have been told the only way to get data from years gone by is to retore each year and get that report.  Why can we not put in date perameters say 2012 (when I started using MYOB) and present and get a report to cover the entire time span?  Sad I say, just sad.  We pay a lot for a program that is limited and restrictive. Me not happy! (:

i have just had a discussion with my accountant and he said that MYOB was looking at cutting back/updating some of the reports.  I use the Sales History reporting and find it very handy to compare years.  however our company has only been going since 2011 and I can see that while I can compare years 2011 to 2012 I would like to do it as an ongoing exercise in future years but there doesnt currently appear to be an option to get more than current FY and past FY figures.  Will MYOB be looking at this aspect of this particular report so that you can select any years that you  want to compare on the one spreadsheet without having to cut and paste from previous reports? 

Tricia,

I believe your idea is very useful.

Business Owners should be looking at the past performance of their business over multiple years (5) not just 2.

The rollover procedures in MYOB have changed and, I believe. there is now a functionality to keep up to seven years of data in a MYOB file.

As a Tax Agent, it would be interesting what the response of Tax Agents and Softeware Providers might be.

Up to MYOB now.