Finance: Payment Times Reporting Scheme (PTRS) Changes Added to Core
In September 2024, the Australian government reformed PTRS and introduced new reporting rules for businesses that:
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Generate $100 million or more in annual consolidated revenue.
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Are constitutionally covered entities that are incorporated, managed, operate, or hold voting power in Australia.
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Are corporate Commonwealth entities that also meets the above criteria.
To help you comply with the changes, we've updated MYOB Acumatica so you no longer need a customisation to run PTRS reports for periods later than 1 July 2024.
For detailed instructions, see our PTRS help pages: