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Same business - different owner

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Hello

We are a small business that is currently two partners.  At the end of the year, the other partner is leaving (we have bought his share).  The name of the business stays the same but the ABN changes and our accountant has advised that we need to start a new myob file.  Here is the thing.

 

1. we need to retain our current file obviously for tax purposes and we will be entering information until at least end of next BAS quarter.

2. we need to copy  the cost codes over if possible to the "new" company but not a huge drama if we can't

 

I don't want to be paying for another subscription.

can anyone help?

thanks

 

 


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