MYOB Acumatica 2018.1 – Enhanced Navigation & Finance Module

MYOB Acumatica (formerly MYOB Advanced) users are getting ready for a new major release – MYOB Acumatica 2018.1. If you already use MYOB Acumatica or thinking to implement the system for your organisation, here is an overview of the new, enhanced platform interface and Finance Module.

MYOB has released a comprehensive update to MYOB Acumatica. Today we are going to go over what it offers, workspaces, navigations, what to do to prepare for the release and what screens are going to be different.

Todays’ agenda:

• Navigation
  • When you first Login – Option to switch to Modern UI
  • How to use and configure the Modern UI
  • Search Lists – Entry Point Screens – Initial settings, how to use and configure
  • Universal search – How to use
  • Help – How to use.
• Finance Module
  • Companies and Branches
  • Tax Periods by Company
  • Reclassifications
  • AR Statements
  • Accounts Payable
  • AR Outgoing Cash Approvals
• Q&A
• ezyCollect overview – how to get paid faster and simplify debtor management

For more information, here are the official MYOB guides to the upcoming release:

MYOB Acumatica 2018.1 Upgrade Notes – Download Here

MYOB Acumatica 2018.1 Release Notes – Download Here

Enhanced Navigation in MYOB Acumatica 2018.1

How to switch to the new Modern UI

At first login, you will have the option to switch to the Modern UI.

Workspaces

The main difference in the modern UI is the concept of “Workspaces” on the left-hand side and the Search List.

To make a permanent switch to the Modern UI, change the user profile by thinking the box down the bottom.

If you look at Sales Orders or Receivables or Finance, you will see a new concept called “Workspace”. This is a new interface consisting in “Tyles” up the top and “Entry Forms” set up in different Categories.

Categories are predefined but can be changed in Edit mode. Favourites can also be set up by ticking the star next to the name of the Entry Form you wish to mark up.

Edit Mode

Parameters in the new MYOB Acumatica Dashboard

The new Dashboard interface in MYOB Acumatica can be filtered by salespersons through the new field called “Parameters”. Once a salesperson is selected, the dashboard will show you the information for that particular salesperson.

You can set up the system to have Parameters for other attributes such as Company,  Branch, Financial Period, Customer and more.

User Help and Quick Guides

User help has been refreshed – it gives you all the procedures for the screen that you are in that particular moment.

To complement this, you have Quick Guides with more information on various modules and functionalities.

Finance Module

 Companies and Branches

GST / Taxes – You can now set up different tax periods by different companies – you can run multiple legal entities, set them up on different financial periods and close them independently from each other.

In MYOB Acumatica 2018.1, the Company has also been renamed as “Tenant” and the Branch as “Company”. Within each Company, you can have multiple Branches.

Check the Tutorial video for more information on the major changes to Reclassifications, AR Statements, Accounts Payable, AR Outgoing Cash Approvals.

ezyCollect and MYOB Acumatica: Better manage your debtors and get paid faster

During the same session, ezyCollect’s Co-founder Arjun Singh gave us an overview of the ezyCollect system and how it can help MYOB Acumatica users get paid faster and better manage their debtors…

For more information on the new MYOB Acumatica (formerly MYOB Advanced) 2018.1 or to learn how ezyCollect can help your business, call us on 1300 045 046 or email info@leveragetech.com.au today.