Figured Integrations

Figured & MYOB

Forget separate spreadsheets. Figured connects live with MYOB to bring farm-specific budgeting, valuations, and reporting into the financials you already run.

About MYOB

Bringing MYOB and Figured Together

MYOB is one of the accounting platforms Australian farm businesses have used for decades to handle their everyday financial admin, alongside Xero.
For farmers, it runs the general business side well. Figured adds the farm layer on top, syncing automatically to combine accounting with production tracking, budgeting, forecasting, and reporting.
  • Real-time bank feeds and reconciliation.
  • Invoicing, payroll, and BAS in one place.
  • Job tracking for multi-entity farm businesses.
A farmer and his adviser working through the numbers on laptops at the kitchen table
Heard This Before?

“MYOB does the accounts. For the farm, we’re stuck on spreadsheets.”

MYOB does the accounts well, and most farms end up running livestock numbers, feed budgets, or crop plans in a spreadsheet alongside it. There’s never been a better place for that information to live.

But what if your spreadsheet data and accounts weren’t separate? Across Australia, more farm teams are switching to a platform that connects to MYOB and gives the farm side a proper home, pairing the farm’s numbers with the actuals already sitting in MYOB. The dashboard is always live, and an accurate reflection of what’s happening in the paddock.

Figured is that platform.

What Figured & MYOB Do Together

No Entering the Same Data Twice

Figured syncs your chart of accounts and bank transactions directly from MYOB Business. Reconciled figures flow straight into Figured’s reporting and planning tools, always current with what’s in MYOB.

Live Farm Data All Season

Livestock movements and crop yields sit on top of your MYOB financials. Every production number ties back to the accounts behind it, in one connected picture.

Detailed Transactions, Kept in Balance

Record a stock or crop sale in Figured and it pushes through to MYOB automatically. Your MYOB accounts always reflect what’s actually happened on the farm.

Want to Talk to Someone About Connecting MYOB with Your Figured Account?

Get in touch with our team.
Get in Touch

Setup

Getting Started Is Easy

Connecting MYOB and Figured takes minutes. Once linked, your data starts flowing automatically.

Step 1

Connect Your Accounts

Authorise the MYOB connection from within your Figured account. You’ll need MYOB Administrator access to complete this.

  • Requires MYOB Administrator access.
  • Takes less than 5 minutes to set up.
  • Available on all Figured subscription plans.

Step 2

Data Syncs Automatically

Once connected, transactions and farm financial data flow between Figured and MYOB on a regular sync schedule.

  • No manual data entry.
  • Updates run in the background.
  • Run a manual sync at any time.

Step 3

Set Up Farm-Specific Tracking

Add livestock, cropping, or production tracking so your MYOB data turns into farm-specific reports and valuations.

  • Guided setup for your farm type.
  • Support available if you need it.
  • Farm-specific reports from day one.

Figured is an online cloud tool that enables clients to plan their cashflow scenario planning for one to five years into the future. Its ability to look at profitability on the farm and not just focus on cash gives a great understanding about how the business is performing.

Mark Edwards
Mark Edwards Murray Nankivell

I can almost remember to the day when we discovered Figured. It’s just been so nice to get off the spreadsheets, get off the pen and paper, get off the napkins, and actually put some useful tools and information out there that you rely on and have confidence in.

Holly Haralson
Holly Haralson Empire Ag

We think Figured is a great tool for the financial management reporting side of things. It allows the opportunity for us to help clients establish a great structure around their financial reporting system that actually gives them meaningful information out the other end.

Nicolette Vaughan
Nicolette Vaughan PrincipleFocus

Figured & MYOB — FAQ

Yes. Where a client runs multiple farming operations under one MYOB file, Figured’s Multi-Farm feature uses MYOB’s jobs to separate those operations within a single Figured file. Each farm gets its own production tracking and reporting, viewable individually or consolidated across the group.

Where separate MYOB files each need their own Figured farm, those can be grouped for consolidated reporting using Multi-Entity instead.

Each production tracker needs its own set of accounts in MYOB with the correct account types, and the exact accounts depend on what you’re tracking.

For example, livestock trackers need a non-cash movement account, a livestock on-hand account, and a revaluation reserve account for each stock type; cropping trackers need the same setup minus the revaluation reserve.

If a client’s MYOB file doesn’t already have this structure, it’s worth setting these accounts up before connecting Figured, so the trackers can map correctly from the start.

The first sync pulls across your MYOB file’s full history, so it takes longer than every sync after it. Once that finishes, Figured settles into its normal speed of syncing automatically every few hours. If you’re onboarding a file with several years of history, allow time for it to complete before setting up trackers or the chart of accounts.

Figured syncs with MYOB automatically through a secure API, but you can trigger an immediate sync any time within the Figured app. You can also view your connections from the same menu to check how long a sync has been running. This is useful straight after reconciling transactions or changing your chart of accounts.

No. Once a Figured farm is connected to a MYOB file, it can’t be moved to a different one. If the wrong file gets connected, the fix is to create a new Figured farm and connect that to the correct file.

The Books Are Covered. Time to Bring in Your Live Farm Data

Connect Figured to your MYOB account and add live production data on top, so your numbers stay current all season long.