Tricia1988's avatar
Tricia1988
Cover User
11 years ago
Status:
Done

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

It is very frustrating that reporting is not available more than the 12 months prior to the current financial year. Now that we have been in the business for nearly 5 years we would like to look at a...
Historical Reporting
Reporting
DuncanS's avatar
DuncanS
Trusted Partner
9 years ago

Steven_M DebraAnderson

 

Steven,

 

I understand Xero does have Multi Year Reporting up to seven years.

One would think it was paramount for MYOB to match Xero's reporting.

 

Can you confirm whether MYOB Tax software has a 5 year P&L as mentioned to me by a MYOB representative at MYOB Connect in February 2016.

 

One of the difficulties is that Tax Agents only report using Current and Current -1.

If MYOB has a 5 year P&L in its tax software, why is it not utilised by Tax Accountants?

 

One can only hope that Tax Accountants concentrate on ongoing business and tax advice and not historical tax compliance.

 

Duncan Smith

Business Advice + Tax