MYOB and Lightyear
Intelligent Accounts Payable Integration with MYOB
Lightyear automates data entry and streamlines the Accounts Payable process for MYOB businesses of all sizes. We provide a robust approvals workflow to manage the approval process before the bills are sent to MYOB for payment. Invoices are stored online for your regulatoryperiod, enabling a truly connected and paperless office in the Lightyear Cloud. Supplier Cards, Categories, Tax Codes, GL's are all transmitted on a line by line basis. Invoice file and Invoice URL are also sent for ease of reference between the 2 systems.
Partnered for your business accounts payable solutions
Because MYOB and Lightyear are both cloud-based, set-up between the systems is seamless. After that its a 1 click process to export your data to MYOB. Lightyear exports line item detail on each bill back into MYOB giving you more data and better accuracy in your account. The data we send to MYOB is:
- Product codes
- GL codes
- Tax codes
- LInk to the bill image in Lightyear.
The features that power Lightyear
Create, approve and send PO's to your suppliers for immediate ordering. Match your POs with your deliveries and invoices for 3-way matching.
Intelligent Data Extraction
Extract all the line items from your suppliers invoices, credit notes and statements. Extract data from receipts too!
Set bookkeeping automation rules for GL coding, tracking categories and supplier tax rates. Set rules based on supplier or Invoice specific criteria.
Multi-tiered approvals process to approve your supplier invoices for payment and purchase orders. Get up to 5 levels of approval.
Auto Reconcile Statements
Touchless Supplier statement reconciliation. Lightyear will Automatically reconcile your supplier statements and flag variances for review.
Integrate your data with your Accounting, ERP and Inventory softwares. With our cloud API integrations you can sync your data 2 way in one click.
Trusted by leading Accountants and Businesses everywhere
"Hundreds of our McDonalds clients are using Lightyear - It's great for speeding up the entry of bills and supporting separate bill authorisation."
Max Telford, CEO
“With more than one million bills processed, Lightyear continues to be an invaluable addition to Abcom’s suite of business applications."
Jim Hawkins, CEO Abcom Software
"Lightyear has an easy to use interface, eliminating data-entry and facilitating better business processes around the accounts payable function."
Mitch Stone, PartnerPKF Sydney
"The software itself it very user friendly, making our processes much more efficient and eliminating our need for paper in the accounts payable process"
Pearse Mulvenna, Financial Controller
"I love that all my actions can be done in one place - Lightyear stores/archives all information received and makes searching it a breeze."
Sharon Batty, Accountant
"The beauty of Lightyear is that everything happens before it reaches our accounting software which makes the process much more flexible and accurate."
Glenda McKechnie, Accounts Payable
Stone & Wood
"Since we started using Lightyear, I have saved at least 4 hours a week in wages. We run two entities and I was able to create a sister company at no extra cost."
Tamara Miller, Accounts
Border Inn Hotel
"Simplicity - easy for non-finance users to navigate, a clear audit trail on all interactions with our docs and it is very cost-efficient."
Merran Brookman, Financial Controller
"Lightyear tells you what bills are missing and allows you to contact the supplier to request missing bills directly from the software. Amazing!!!"
Christine So, Bookkeeper
The MBA Partnership
"Saves so much time. It is so easy to use, and the staff friendly and knowledgeable. It was very easy to train our farm managers to use. We love it!"
Nicole McLean, Assistant Accountant
"Lightyear allows us to easily manage the accounts payable process across our entire client base. The parent dashboard gives great visibility across them all."
Daniel Hardy, Director
"I've been using Lightyear for a few years for larger clients and have just recently transitioned my smaller clients across. Regardless of the size of business, Lightyear provides great efficiencies."
"Lightyear delivers, and then some. I have found the accuracy of the data extraction and multi-level approval rules have significantly reduced manual processing costs."
"The Lightyear team are fantastic to deal with - knowledgable and patient. They are more than a supplier. They are an invaluable and trusted business partner, who have the best interest of our businesses to heart."
Justin N, GM
"We reviewed a number of AP apps, and Lightyear was by far and away the best. Their sign-off functionality for managers is unique to all the apps we surveyed. Love it!"
Joy Mulrey, Director
Integrating with MYOB
Integrating Lightyear with MYOB is a simple process. Click the ink below to see how simple it is to integrate your MYOB AR account with Lightyear.
Try MYOB for Free Today
With features that save you time, automate your admin and help you to grow your business. Try MYOB for free today with a 30-day trial.