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What’s New in MYOB Acumatica 2024.2: Autumn Release Highlights

What’s New in MYOB Acumatica 2024.2: Autumn Release Highlights
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At Avanza Solutions, we’re excited to kick off a new blog series spotlighting the latest features in the MYOB Acumatica 2024.2 Autumn Release - a powerful update designed to help growing businesses streamline operations, enhance productivity, and future-proof their platforms.

If you're new to MYOB Acumatica, it's a cloud-first, fully integrated ERP platform that brings together finance, project management, supply chain, payroll, and field services—designed with mid-sized Australasian businesses in mind. Whether you're in construction, manufacturing, professional services, or distribution, MYOB Acumatica provides industry-specific functionality with the flexibility to scale.

Release Rollout: What You Need to Know

  • AprilGeneral Availability for new customers

  • MayEarly Access Program begins for select customers

  • JulyUpgrade Window opens for existing customers

Our team is here to help you understand what’s coming and ensure a smooth transition when your upgrade is due.

Standout Features in 2024.2

The Autumn 2024.2 release delivers a suite of new tools and enhancements across Finance, Production, Projects, and Supply Chain. These features are tailored to improve day-to-day usability and enable smarter decision-making.

Here are some of the key highlights:

Finance

  • Approval of Reconciliation Statements – Streamline the reconciliation process with better control and accuracy.

  • AP Bill Approval Based on Estimated PPV – More intelligent approvals based on Purchase Price Variance.

Production

  • Enhanced Estimating – Deliver more precise cost projections during the planning phase.

  • Enhanced Linking of Production Orders – Improve traceability and visibility across related production workflows.

  • Performance Report Enhancements – Gain deeper insights into production performance metrics.

Projects

  • Substantiated Billing Reports – Transparent, accurate, and audit-ready billing documentation.

  • On-Demand Pro Forma Invoice Creation – Generate pro forma invoices directly and efficiently.

  • Improved WIP Reporting – More clarity on work-in-progress with easier-to-digest data.

  • Enhanced Project Quote Workflow – Simplify and speed up the quoting process with more flexibility.

Supply Chain

  • 2-Step Receiving for Warehouse Items – Improved control and verification during goods receipt.

  • PPV Approval Map – Smarter controls on purchase price variance approvals.

  • Prepayments on RMA Orders – Enhanced cash flow visibility for returned items.

  • Requisition Process Enhancements – More intuitive procurement workflows.

  • Sales Order Consolidation – Ship multiple sales orders in a single shipment to boost efficiency.

What to Expect in This Blog Series

In this blog series we’ll take a deeper dive into each of the key product areas:

Each blog will walk you through the benefits, potential use cases, and practical tips to get the most out of these new features.

You’ll also find links to helpful resources, including the full 2024.2 release notes, in the wrap-up section of each post.

We’re Here to Support You

At Avanza Solutions, we’re committed to helping you get the most out of your MYOB Acumatica investment. Whether you’re already planning your upgrade or curious about how these features could benefit your team, our consultants are here to help.

Interested in a personalised walkthrough of the new features or need help preparing for your upgrade? Just reach out—we’re happy to assist.

Access the Full Release Notes Here.

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Juanita Potgieter
With over 20 years’ experience in various marketing and business development fields, Juanita is an action-oriented individual with a proven track record of creating marketing initiatives and managing new product development to drive growth. Prior to joining Verde, Juanita worked within strategic business development and marketing management roles at several international companies. Juanita is certified in both MYOB Acumatica and Oracle NetSuite.

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