MYOB Advanced for Multi-Entities

Organisations with multiple entities encounter considerable hurdles when consolidating finances and reporting. Without one consolidated system, businesses often face various challenges in terms of manual data entry, financial consolidation and reporting, managing cash flow and vendor payments, and close periods across the organisation.

To scale your organisation effectively and streamline processes between companies efficiently, you require software that can handle multiple entities within one system. Large, complex multi-entity organisations use MYOB Advanced to meet enterprise-level account consolidation and reporting needs. MYOB Advanced is well-suited for multi-entity organisations, offering robust functionality to manage multiple companies or subsidiaries within a single system.

Here’s how MYOB Advanced caters to the needs of multi-entity organisations:

Centralized Management

MYOB Advanced allows you to manage all your entities from a centralized platform. This means you can access data, reports, and perform administrative tasks for each entity from a single location, streamlining operations and improving efficiency.

Separate Entity Setup

Within MYOB Advanced, you can set up separate entities for each company or subsidiary. Each entity can have its own chart of accounts, customers, vendors, and transactions, ensuring that the financial data for each entity remains distinct and organized.

Consolidated Financials

MYOB Advanced provides real-time consolidation across entities, allowing you to generate consolidated financial reports easily. This feature is crucial for multi-entity organizations that need to view the financial performance of the entire group as well as individual entities.

Intercompany Transactions

MYOB Advanced supports intercompany transactions, enabling seamless transactions between entities within the same organization. This ensures accurate recording of transactions between subsidiaries while maintaining proper accounting practices.

Multi-Currency Support

For organizations operating in multiple countries or dealing with different currencies, MYOB Advanced offers robust multi-currency support. This allows you to transact and report in multiple currencies, simplifying international operations.

Security and Access Controls

MYOB Advanced provides role-based security and access controls, allowing you to restrict access to sensitive data based on user roles and permissions. This ensures that only authorized personnel can view or modify data for specific entities.


As a cloud-based solution, MYOB Advanced is highly scalable and can accommodate the growth of your multi-entity organization. Whether you’re adding new subsidiaries or expanding into new markets, MYOB Advanced can scale to meet your evolving needs.

Overall, MYOB Advanced offers a comprehensive suite of features tailored to the requirements of multi-entity organizations. Its cloud-based nature, advanced functionality, and scalability make it an ideal choice for businesses looking to streamline operations and drive growth across multiple entities.

MYOB Advanced Business, powered by Acumaticais an end-to-end business management system designed to meet the specific needs of your growing business.

Combined with MYOB Advanced Payrollthe customisable cloud Enterprise Resource Planning (ERP) system connects your entire business on a single integrated platform. Transforming the way mid-market businesses work, MYOB Advanced Business gives your business power, flexibility, scalability and real-time visibility.

MYOB Advanced Finance Dashboard

  • Built on the worlds fastest growing cloud ERP solution Acumatica, MYOB Advanced Business leverages the robust architecture of Acumatica but is tailored to local business processes and regulations.
  • MYOB Advanced Business is a true cloud system designed to help businesses be more flexible by working online. Working from any device, all you need is a web browser and internet connection to access real-time information, anywhere, anytime.
  • As your business grows, so does its complexity and the need to invest in more capable business management software. The fully customisable MYOB Advanced platform is designed to meet your current business requirements while being flexible enough to meet future demands.
  • The transition to a sophisticated cloud-based ERP system is now achievable without a large upfront investment. MYOB Advanced is available for a convenient monthly subscription. The straightforward pricing option means less upfront outlay and allows businesses to better plan and manage their expenses.