This guide provides instructions on transforming the Excel report to AccRip/Smart Excel Utility Standard Format .XML for use LodgeiT Tools

Select "MYOB Essentials" then or TFN and click "OK"

Make sure to put your ABN or TFN then click "OK" 

After clicking "Save", you will see this confirmation message 

Here is a small sample of the report, viewable in either Notepad or Internet Explorer

Once you have of .xml files of Profit & Loss and Balance Sheet, you can now import these in LodgeiT

Related article: 

Smart Excel Utility

Extract & Transform MYOB Essentials/Legacy Balance Sheet Report

Extract & Transform MYOB Essentials/Legacy Profit and Loss Report

Generate LodgeiT Import Files from Any Accounting System?