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DataWise works with many of the MYOB products, including MYOB Accounting and AccountRight Family, MYOB Payroll, Exo Payroll, and Retail Manager.

WindedPowered

 


Division/Category/Branch Reporting

DataWise Limited White paper on Branch/division reporting with MYOB and using DataWise Report Writer for enhanced reporting.

 

There are 4 ways of doing divisions/branches/categories. All of them require the use of DataWise Report Writer to get useful reports.

 

 

 

Divisions using Account Descriptions

Jobs

Categories

Separate MYOB files consolidated

Details

 

This works by having separate accounts for each division using the accounts “account Description” field as a marker to indicate which division the account is allocated to.

 

This works by assigning jobs to each division. Very easy to do as can have transactions split amongst many divisions.

Every transaction is assigned to a category. Cannot split an invoice over several categories.

Separate data for each division allows different levels of access and can be run at different locations. DataWise Forecast handles budgets , and consolidations

Profit & Loss

 

P&L Reporting

Budgets by month

 

P&L Reporting

 

P&L Reporting

 

P&L Reporting

 

Balance Sheet

 

No B/S Reporting

 

 

No B/S Reporting

 

Yes B/S Reporting

Yes B/S Reporting

Budgets

P&L Budgets by account therefore monthly by division also.

Budgets by full job by account only

No Budgeting within MYOB

P&L Budgets by account by month

DWR Reports

Number of Free reports in library and customisation available

Number of Free reports in library and customisation available

Number of Free reports in library and customisation available

Number of Free reports in library and customisation available

DWR Forecast

 P&L budgets by month

P&L budgets by month. Accumulate into company budget.

P&L and B/S budgets by month

P&L and B/S budgets by month.

Can consolidate to a separate chart of accounts.

 Summary

Simple to setup and run

Simple and powerful if used in conjunction with DataWise Forecast for budgeting,

The ONLY option if B/Sheet reporting required and a single bank account for all divisions.

More work to enter into separate data files, but the most flexibility for reporting.