Hi MYOB,
Considering Cheques are rarely used anymore, and are being phased out in Australia according to the banks, can we perhaps revamp the 'Cheque Number' field for Spend Money etc?
Most of my clients enter the method of payment here so they know where to look in their records. For example, DD for Direct Debits (source docs bank statements and origianl contracts), EFT for Electronic payments that dont go through the .ABA files (source docs is the bank statements and receipts), BPAY for billers paid via this method, and CASHOUT if an owner has withdrawn funds form the bank.
I realise some use the cheque numbers as an ID for the transaction but the field seems almost redundant, especially if your using the attachments.
Correspondingly, I think the Cheques being printed checkbox is also redundant. Although you can default this to Already Printed, it still seems redundant in this day and age of electronic transfers.
Perhaps other MYOB users have a better idea to utilise this field?
Persoanlly, I would like to set it to be an automated text field where I can choose the default entry, perhaps to be made up of method of payment, date and a transaction ID EG EFT07032019-1, EFT07032019-2 etc for the day.
I realise this wont warn me if I have paid the item twice, but to be honest, unless you are using a cheque book and ensuring your cheque numbers match your MYOB entry, the warning is redundant in most cases. A more appropriate warning could be triggered if the card number, date and amount matched perhaps?
Just a thought.
Kind regards,
Nat
Hi David_Cree ,
I completely agree with you! I belive it should just be treated as a reference number too so that it can be identified when reveiwing.
I think everyone has found a way to use this redundant field that suits them, but rarely is it used as it was intended to in the beginning! It just stands out as a field that definately needs some updating, or as you said, just change the name to Payment Ref :-)
Am hoping MYOB remove the 'Cheque' from their vocabulary soon.
Thanks for the input,
Nat
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