Setup MYOB AccountRight Desktop in RMS.

Overview

MYOB AccountRight Desktop is accounting software that RMS can generate financial exports for, allowing properties using the Accrual Accounting method to post revenue and receipts into MYOB.

This article outlines how to configure the Financial Interface in RMS for MYOB AccountRight Desktop when using Accrual Accounting.

Before You Start

You will need to have the Financial Interface activated before you see these setup options.

Please contact the RMS Customer Care Team to have them set your Financial interface to MYOB AccountRight Online.

You can find the contact information for your region HERE.

The following steps are for properties that use the Accrual Accounting method in RMS.

If you are unsure of which Accounting Method you are using, you can find this in RMS by going to -

Setup > Accounting > Acounting Options.

1. Navigate to Accounting Defaults 
2. Accounting Method
   
   
   Click HERE to learn more about the different Accounting Methods in RMS.

Where multiple Tax Rates are applied to the same General Ledger Account Code (GL Acc Code), RMS will split the GL Acc Code based on the Tax Rates. 

MYOB Header Account Codes should not be setup in RMS or entered in the Financial Interface setup. MYOB Header Account Codes are used as groupings in MYOB only and cannot have financial data reported to them.

Accrual Accounting Setup

In the side menu of RMS, go to Setup > Accounting > Financial Interface.

1. Navigate to the Mapping tab.

2. Enter the MYOB General Ledger Account Codes in the Code field for each applicable mapping line.

3. Enter the Night Audit Descriptions to define how each mapped ledger movement will appear on the MYOB export (for example, Accommodation Revenue, F&B Revenue, Other Revenue).
   
    

4. Navigate to the Receipts tab.

5. Enter the MYOB General Ledger Account Codes in the Code field for each Receipt Type you will be exporting.

6. Enter the Receipt Descriptions to define how each mapped receipt type will appear on the MYOB export (for example, Cash Receipts, EFTPOS Receipts, Credit Card Receipts).
   
    

7. Navigate to the Credit Cards tab.

8. Enter the MYOB General Ledger Account Codes for both Credit Card and EFTPOS on each Card Type you wish to export.

9. Enter the Card Type Descriptions to define how each Card Type will appear on the MYOB export (for example, Visa, Mastercard, Amex).

10. Select Save/Exit
    

    Optional: Setup MYOB Memo T-Codes if required by your accountant or bookkeeper.

Next Steps

Once the Financial Interface has been configured:

• Run a test export for a small date range and have your accountant or bookkeeper confirm the file imports correctly into MYOB AccountRight Desktop.

• Review the Night Audit Descriptions and Receipt Descriptions in MYOB to ensure they are clear and meaningful for your finance team.

For more information on exporting from RMS and importing into MYOB, see the related Financial Interface and Accounting articles in the Help Centre.