Posted on: Monday June 20th, 2016

Author: Kilimanjaro Consulting

The MYOB Exo Version 2016.2 general release is now available.

Version 2016.2 addresses items requested by implementers and users and introduce cloud-based services into Exo Business. The purpose of the 2016 releases is to encourage users of older versions to upgrade so that they are able to achieve better functionality from their system. Along with Bank Feeds, Exo OnTheGo and Tax Portals, MYOB has released a number of features only available from version 2016.2 onwards.

Version 2016.2 Features

Standard Business Reporting Interface 

For Australian users, construction related activity posed significant delays due the complexity of reporting. This has been addressed by the new cloud-based Taxable Payments Annual Report (TPAR) submission process incorporating Standard Business Reporting (SBR) interface to the ATO. The TPAR will reduce complex and time-consuming submissions by formalising the structure of Australian addresses.

Purchase Orders ExoGrid

All users will be able to utilise the new Purchase Order entry form that uses Exo-Grid style functionality allowing users to add or hide columns, define their own columns using extra fields and reorder the presentation of columns. This feature comes with a Search Template function which has been a popular introduction in the Sales order entry and invoicing. These new features allows users to simplify or enhance the Purchase Order entry process to better suit your business needs. In this version, the grid style is optional and must be enabled, but will ultimately become the default screen for Purchase Order entry.

Job Costing 

Job Costing now incorporates transaction dates and financial period validation. This prevents users that utilise the Perpetual Stock and WIP integration mode from using dates that could result in general journals being created that are in a closed or invalid period. When cancelling or writing off a transaction, users will be given options as to what date or period should be used (Original, Now or Choose a Valid Date). 

Display of Currency Symbols

Foreign currency values should now include the currency sign appropriate to that currency in all main forms and grids.

Clarity Report Print to File Options

The Print to File Setup window in the Clarity Report Designer has been redesigned, making it easier to produce XLS data files with properly aligned rows and columns from Clarity reports.

General Performance Enhancements 

The time taken to process end of period for businesses has the potential to be vastly reduced in this version. So much so, that users can now run the post ledgers GL process in unattended mode.


Download the MYOB Exo Business 2016.2 Release Notes below for information regarding installation, new features, resolved issues and known issues.

If you would like to upgrade to the latest version of MYOB Exo, please get in touch with us by filling in the form below, calling us on 1300 857 464 or by sending us an email at