I am selling the shares of one of my companies that are part of a multi-company tenant in Acumatica Australia (MYOB). I know that cloning of the database to a new tenant is possible, but how is the data of my other companies permanently suppressed or removed in the Buyer’s copy, and vice versa in my new copy?
I am getting conflicting proposals from multiple official providers.
Best answer by nhatnghetinh
Hi
I believe the safest approach is for the Seller to obtain a separate MYOB Acumatica licence/tenant and migrate the Companies that will remain with the Seller to this new environment.
The proposed approach is:
The final structure would be:
Buyer:
Original Tenant → Buyer's Company only
Seller:
New Tenant/Licence → Seller's Companies only
This approach provides a clear separation of data and significantly reduces the risk of deleting or losing the Seller's data before the migration is fully validated.
Best Regards,
NNT
+15Hi
I believe the safest approach is for the Seller to obtain a separate MYOB Acumatica licence/tenant and migrate the Companies that will remain with the Seller to this new environment.
The proposed approach is:
The final structure would be:
Buyer:
Original Tenant → Buyer's Company only
Seller:
New Tenant/Licence → Seller's Companies only
This approach provides a clear separation of data and significantly reduces the risk of deleting or losing the Seller's data before the migration is fully validated.
Best Regards,
NNT
Many thanks for this suggestion @nhatnghetinh
I wasn’t aware of the delete Company process in MYOB. How does this work?
Does it erase all data, or just remove all access to the data (either way would work for me). Would the Buyer be able to re-instate access to that data, if it is not purged?
And when we talk of migration, is that cloning of the Original to create the New or exporting to the New?
In the migration process, do all attachments follow the data or will they have to be separately extracted and stored elsewhere?
+8
The safest approach is usually a company carve-out migration:
A provider may instead propose cloning the database and running a database-level purge. That approach should only be accepted if it is a supported MYOB/Acumatica procedure with a documented list of tables and a validation process. Acumatica documents deleting an entire tenant, but that is different from safely removing one transacting company from within a tenant. Acumatica tenant-deletion documentation
Thankyou @mohammadnawaz51.
I have my provider doing some testing because my Buyer is wanting full, unchanged historical data, rather than a new instance with Opening Balances.
I agree that whatever is done must be a MYOB supported process.
Thankyou for the feedback.
I have learnt that MYOB has a ‘Company Split’ process to achieve what I require. Has anyone had any experience of doing this?
Are there any risks to the data integrity of any of the Companies in the Tenant?
+17This could be tricky, but I'm guessing they've thought through these things.
Specifically inventory is not company-specific, therefore would need to be present in both I guess?
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