MYOB Advanced 2020.1
MYOB Advanced 2020.1 Release Notes
A new upgrade to the latest MYOB Advanced 2020.1 Version is coming before the end of April 2020.
For our existing Clients, Acacia Consulting Services will be in contact with you to confirm the scheduled time for your upgrade – the upgrade will be rolled out over the next six weeks.
This is considered to be a minor upgrade, and therefore MYOB will not be providing sandboxes for testing purposes.
The MYOB Advanced 2020.1 release introduces Employee Self Service features, and contains a range of updates to the Payroll module, including public holiday processing, employee transfers, new reports and the ability to import timesheet information into the Payroll module.
The Self Service and Payroll modules are fully integrated, so employees can make leave requests in the Self Service module, which are then approved and processed in the Payroll module.
This release also includes updates to Bank Feeds and Fixed Asset features, and resolves issues identified in previous releases.
Significant new features of MYOB Advanced 2020.1 are highlighted below, and video overviews provided by MYOB are available for many of the new features introduced by this release.
MYOB Advanced 2020.1 Release Notes Summary
Employee Self Service – allows employees to view and manage their own details, and to submit leave requests, which are then managed and processed in the Payroll module.
Requesting Leave – new workflows for requesting leave and then processing it in one or more pay runs.
Timesheet Imports – the Payroll module can now import timesheets generated from external applications or from Employee Time Cards entered in MYOB Advanced.
Processing Public Holidays – the ability to add Public Holidays to employees’ pays in bulk.
Transferring Employees – new Employee Transfer screen (MPPP3115) is available to simplify the process of transferring an employee from one branch in the MYOB Advanced system to another.
Distributing Employer Super Costs – the ability to distribute superannuation costs according to the subaccount allocations of superannuation-liable pay items.
Improved Reporting and Data Analysis – adds a suite of generic inquiries and data views to the Payroll module, making it easier to view and extract information about your payroll system.
Acacia Consulting Services are here to help
In order to ensure your business is making the most of your MYOB Advanced system and the new features available in this MYOB Advanced 2020.1 upgrade, Acacia Consulting Services can provide training in our Training Rooms and/or visit you and your team onsite to ensure the new functionality and your business processes are working correctly, efficiently and effectively.
Please feel free to Contact Us for more information.