Compliance Workpaper Guide

What Reports to Download Before Cancelling MYOB

The Complete Pre-Archive Compliance Checklist for Australian & New Zealand Accounting Practices and Business Owners.

Target Standard: ATO Section 262A / NZ IRD Sec 22•Applicable: AccountRight & MYOB Business

How ColdLedger + These Reports Create a 100% Complete Statutory Vault

When you run ColdLedger, our API automatically extracts your complete General Ledger, Journal Transactions, Trial Balances, Sales Invoices, Purchase Bills, In-Tray attachments (PDFs), Contacts, and Tax Registers into an offline standalone viewer.

However, MYOB’s proprietary reporting engine generates certain internal calculations (such as Bank Reconciliation snapshots and STP Phase 2 finalisation screens) on the fly that cannot be extracted via API. Downloading these native PDFs prior to subscription cancellation guarantees you have zero blind spots during an ATO or IRD compliance audit.

📁 Tip: Every ColdLedger vault download includes a dedicated custom_reports/ folder where you can drop these PDFs to keep your entire 7-year audit pack in one air-gapped file!
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Banking & CashCRITICAL
Step 1

Bank Reconciliation Detail Reports (At EOFY & Archive Date)

MYOB Path:Banking → Reports → Reconciliation [Detail] Report

Export the full detail report showing cleared transactions, unpresented cheques, and deposits in transit as at 30 June for each historical year, plus your final closure date.

Why download manually: The MYOB API exposes individual bank transactions, but does NOT export the proprietary historical 'reconciliation snapshot'. This report proves to the ATO or auditor that your ledger matched your physical bank statements without discrepancy.
Payroll & SuperannuationCRITICAL
Step 2

Single Touch Payroll (STP) EOFY Finalisation Declarations

MYOB Path:Payroll → Single Touch Payroll → EOFY Finalisation

Export the STP Phase 2 Finalisation Declaration summary showing tax-ready status submitted to the ATO for each employed financial year.

Why download manually: STP lodgment cryptographic receipts and ATO submission event tokens are stored in MYOB's cloud STP gateway and cannot be downloaded via standard REST API endpoints.
Payroll & SuperannuationHIGH
Step 3

Payroll Summary & Payroll Register (by Employee)

MYOB Path:Payroll → Reports → Payroll Summary & Payroll Register

Export full 12-month payroll summaries broken down by employee, wage category, PAYG withholding, and superannuation guarantee.

Why download manually: Essential for payroll tax audits, workers compensation annual declarations, and defending historical employee entitlement queries.
Payroll & SuperannuationHIGH
Step 4

Leave Liability & Accrual Entitlements Report

MYOB Path:Payroll → Reports → Leave Liability Report (or Entitlements)

Export current annual leave, personal leave, and long service leave balances as of the company's final pay run.

Why download manually: Vital for proving employee statutory entitlements under Fair Work Australia or NZ Employment Relations legislation, especially during corporate restructures or sale of business.
GST & Tax ComplianceHIGH
Step 5

Activity Statement (BAS) Calculation Worksheets

MYOB Path:GST / Sales Tax → Reports → GST [Summary] or BAS Calculation Worksheet

Export the GST Calculation Worksheet for each lodged quarter/month, displaying tax mapped to ATO BAS labels (G1, G10, G11, 1A, 1B, W1, W2).

Why download manually: While ColdLedger extracts all raw tax codes and transaction lines, having MYOB's pre-rendered worksheet makes cross-referencing against past lodged Activity Statements instantaneous.
Debtors & CreditorsHIGH
Step 6

Aged Receivables & Aged Payables Reconciliation Summaries

MYOB Path:Sales / Purchases → Reports → Aged Receivables / Payables [Reconciliation]

Export the reconciliation summary as at 30 June of each financial year, verifying the 'Out of Balance' line equals $0.00.

Why download manually: Proves that the sub-ledgers tied 100% to Account 1-1200 (Trade Debtors) and Account 2-1200 (Trade Creditors) on your tax balance dates without underlying database corruption.
Fixed Assets & TaxRECOMMENDED
Step 7

Asset Register Listing & Tax Depreciation Schedules

MYOB Path:Accounts → Reports → Asset Register / Depreciation Report

Export the fixed asset schedule displaying opening Written Down Value (WDV), cost base, depreciation method (Prime Cost / Diminishing Value), additions, and closing tax WDV.

Why download manually: Ensures you maintain the exact tax depreciation cost base history for future asset sales, capital gains tax (CGT) events, or migration to another practice asset ledger.
Inventory (If Applicable)RECOMMENDED
Step 8

Inventory Value Reconciliation (Stock on Hand)

MYOB Path:Inventory → Reports → Inventory Value [Reconciliation]

If your business uses perpetual item inventory tracking in MYOB, export this report as at 30 June to tie stock values to the Balance Sheet inventory asset account.

Why download manually: Historical average cost recalculations can be complex; this report serves as definitive audit evidence of physical stock valuation on balance date.

Ready to generate your permanent 7-Year Statutory Vault?

Once you have downloaded these native PDF reports, use ColdLedger to extract and bundle your complete general ledger, journals, contacts, and In-Tray receipts into an immutable, offline viewer.