This feature is included with Fathom Pro - the plan with access to all of Fathom's features. Companies on Portfolio can be upgraded to Fathom Pro at any time.

Import a budget from MYOB AccountRight Live

You can import a budget into Fathom from MYOB AccountRight Live anytime. If you do not have a budget you wish to use in MYOB, then you also have the option to import a budget from Excel or save your forecast as the budget.

While you can create multiple budgets in MYOB AccountRight Live, Fathom only allows one budget to be connected. You can change which budget you have imported, but only one budget can be stored in Fathom.

📝 Note: The Lite version of MYOB AccountRight Live does not have budgets. If you have connected a MYOB Lite company to Fathom, you can import budget data into Fathom via Excel.

Add a budget from MYOB

To add a budget to Fathom from MYOB AccountRight Live,

Go to 'Update data' in the company’s Settings.
Under the heading for 'Budget', select the option to ‘+ Add Budget’
Choose to import a budget from MYOB.

❗Notice: While you can create multiple budgets in MYOB AccountRight Live, Fathom only allows one budget to be connected at a single time.

Continue setting up your company in Fathom

Add a budget from Excel

If you want to import a budget that is different from your ‘Overall Budget,’ then you can import a budget into Fathom via Excel.

View the following help article for more detail on importing a budget from Excel.

Add a budget from the company’s forecast

You’re able to save the forecast you create in Fathom as your company’s budget. You can completely replace your current Xero or Excel budget with the company’s forecast or only partially replace your current budget.

View the following help article for more detail on saving your forecast as your company’s budget.

💡Smart Tip: If your forecast is linked to your budget, you are still able to save your forecast as your budget. The budget data linked to your forecast will be saved as part of the new budget along with the rest of the forecast data.

Update your MYOB budget

You can update your budget data in Fathom at any time. To update the budget from MYOB:

Go to 'Update data' in the company’s Settings.
Under the heading for 'Budget', select the option to ‘Update Budget from MYOB’

Budgets for jobs & cost centres

Budgets can only be applied to the entire entity, not to individual jobs or cost centres.

However, if you import jobs to cost centres as standalone companies in Fathom, you can then apply budgets. For more information, view the following help article on Adding Budgets for Divisions.

Next Steps

Congratulations on importing your budget into Fathom! Continue the 'Getting Started Workflow' and finish setting up your company for analysis, reporting, and forecasting by choosing from the options below:

What you want to do:	Next step in the process:
Ready to set up your company profile and import your company logo into Fathom?	Set up your Company Profile
Happy with your company profile and want to check and customise your Chart of Accounts?	Customise your Chart of Accounts
Happy with your Chart of Accounts and ready to set up KPIs to track the performance of your company?	Set up 'Key Performance Indicators'

Learn more