MYOB published its 2025 innovation recap, focusing on updates for small and medium businesses and their accountants. The post stays deliberately vague on specifics—typical vendor playbook—but signals the company prioritized SMB-facing features over enterprise spray-and-pray.
Worth monitoring: If you're a MYOB user or advisor, the full Pulse blog will detail what made the cut. Expect the usual: compliance updates (likely ATO-driven), integrations, and UI tweaks positioned as "innovation."
The real implication? Accounting software is increasingly commoditized. Vendors now compete on speed-to-compliance, not flashy features. MYOB's messaging reflects that reality—boring wins in 2025.
A local bookkeeping firm has gone fully remote using MYOB Practice Compliance, proving cloud-based compliance software can actually handle real-world operations—not just promise to.
The shift matters because it shows the compliance game is finally catching up to how people actually want to work. No more tethered desks, no more keeping servers on-site, just lodgements and reconciliations happening from wherever.
The practical upside: remote teams mean access to talent beyond your suburb. The compliance upside: MYOB Practice still handles ATO integration, tax compliance, and deadline tracking without needing IT support breathing down your neck.
Worth watching if your practice has been eyeing the cloud but worried about the actual handover.
Employers need to start making superannuation contributions on each payday from 1 July, rather than quarterly. The legislative shift means payroll systems need updating and processes need tweaking to stay compliant.
Key implication: Your payroll software needs to handle per-payday super calculations instead of bulk quarterly reconciliation. If you haven't started planning this with clients, now's the time—there's less than a month to sort it.
Expect questions about software compatibility and timing. Most accounting software is already patched, but manual processes will break. Get ahead of it.
Xero has redesigned credit notes to match their invoice and quote creation flows. The move consolidates the interface across three core document types, theoretically reducing the mental overhead of switching between different screens.
For accounting teams already living in Xero, this is a quality-of-life update rather than a functional overhaul. Less retraining, fewer clicks to muscle-memory something new. The standardized approach should reduce data entry friction—especially useful when you're lodging adjustments before month-end.
No details yet on rollout timeline or whether this affects API integrations, so if you're automating credit note creation, keep an eye on Xero's technical updates.
**The implication:** Smoother workflows reduce errors. Fewer errors mean cleaner reconciliations and faster ATO compliance prep.
Xero's published curated 'App Power Lists'—pre-built integration stacks designed to automate common small business workflows. The lists pair Xero with complementary tools to handle invoicing, expense reconciliation, payroll, and inventory without manual re-entry.
Why it matters: Manual data entry is still killing productivity at SMBs. These templates lower the friction of discovery and setup, so you're not spending January piecing together your own tech stack. If you're already in Xero, this saves the "which apps actually talk to each other" research tax.
The catch: You'll still need to configure permissions and ensure your data flows cleanly. But Xero's essentially saying "we've done the homework on which combinations actually work."
Relevant if: You're auditing 2026 workflows and sick of spreadsheet ping-pong between systems.
Xero's annual user conference is heading to Denver August 19-20, 2026 at the Colorado Convention Center. Tickets are on sale now.
Why it matters: If you run accounting workflows on Xero, these conferences are where product roadmap details actually surface before the rest of the internet finds out. You'll also catch sessions on compliance updates, automation strategies, and tax deadline prep—the stuff that determines whether your year-end close is smooth or catastrophic.
Worth noting: Early-bird pricing typically expires faster than people expect, so if you're even mildly considering it, locking in tickets now beats the sticker shock later.
Commonwealth Bank, NAB, and Westpac announce coordinated effort to reduce business payment clearing times from 3 days to same-day settlement for qualifying transactions.
Cloud accounting giant Xero launches machine learning tool that automatically matches incoming payments to outstanding invoices with 95% accuracy.
Federation of Small Businesses survey reveals payment times have increased 12% year-over-year, putting 1 in 4 small businesses at risk.
All government suppliers must adopt Peppol e-invoicing standard by July 2025, affecting over 50,000 businesses.
Intuit partners with Atradius and Euler Hermes to offer seamless escalation path for overdue invoices directly from QuickBooks dashboard.