Hours of data entry
Manually re-keying daily sales and payments into MYOB is a slow process that keeps you away from growing your business.
Retail Express
Retail Express automatically syncs your daily retail data with MYOB AccountRight online. Eliminate manual data entry by automatically uploading service sales, payment receipts, purchase bills and general journals directly into your MYOB company file.
Common pain points
Manually re-keying daily sales and payments into MYOB is a slow process that keeps you away from growing your business.
Human errors during manual entry lead to mismatched totals, making it difficult to reconcile your bank accounts and POS reports.
Without an automated sync, your financial reports in MYOB are always behind, making it hard to make informed business decisions.
Retail Express
Connecting Retail Express to MYOB AccountRight online is a simple process. Once authorized, the system synchronizes each morning to upload your previous day's trading data. You can map your accounts, select which stores to sync and choose exactly which transaction types should be included. It is a reliable automation that keeps your retail and accounting systems in perfect alignment.
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Every day, Retail Express uploads service sales to MYOB for each of your stores. This covers all sales activity, including laybys, customer account movements and gift vouchers. Payments are also summarized by type, making bank reconciliation straightforward. Direct deposits are uploaded as individual payments for even easier matching in your MYOB company file.
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When you receive a purchase order in Retail Express, it automatically creates a service purchase in MYOB. Supplier details are synced, and you can even include direct costs like freight and duty. The integration also handles general journals for stock adjustments and inter-store transfers, ensuring your inventory value in MYOB is always accurate.
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If you run multiple stores, you can use MYOB Jobs to track performance by location. Retail Express allows you to map each store to a specific Job in MYOB, so you can run detailed profit and loss reports for every branch. This gives you the visibility you need to manage a growing retail network from a single MYOB company file.
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For retailers using MYOB Desktop or those who prefer manual control, Retail Express offers a robust Accounting Data Export feature. You can generate MYOB-compatible files for sales, payments, purchases and journals, then import them directly into your desktop software. It is the perfect solution for businesses not yet ready for a full cloud accounting move.
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Transparency is built into the integration. You can easily review all synced data in MYOB, from daily service sales to supplier bills. Cross-check your figures using the Retail Express Financial Summary Report to ensure everything matches perfectly. It is a reliable system that both you and your accountant will love.
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Answers for retailers in Australia and New Zealand.
Manual data entry is slow and prone to errors that complicate bank reconciliation. A dedicated MYOB integration like the one built into Retail Express automates the flow of daily service sales, payment receipts, purchase bills, and general journals, ensuring your accounting is always accurate and up-to-date.
Retail Express supports MYOB AccountRight online for automated cloud sync. For retailers using MYOB Desktop or older versions, we provide a manual Accounting Data Export feature that generates compatible import files.
The integration syncs daily service sales (including laybys and vouchers), payment receipts, service purchases for received POs and general journals for stock adjustments and transfers.
The Retail Express MYOB integration uses the accrual accounting method. This ensures that retail sales and purchases are recorded when they occur, providing a more accurate picture of your business performance.
You can assign MYOB Jobs to each of your Retail Express stores. This allows you to track income and expenses for each individual location within a single MYOB company file.
To ensure correct mapping of customer deposits and refunds, you need to enable deposit tracking in your MYOB settings and link your Trade Debtors account before connecting to Retail Express.
You can review all synced data in MYOB under the Sales, Purchases and Accounts transaction journals. We recommend using the Retail Express Financial Summary Report to cross-check your totals.
You choose the start date during the setup process. Once enabled, Retail Express will automatically upload your data every morning for the previous day's trading.
Stop wasting time on manual data entry and start using a retail system that talks to your accounting software.