Banking: Allow negative transactional line

MYOB please attend to this issue as soon as possible.  I don't understand why we can dissect properly in MYOB Cashbook but not in MYOB Essentials.

Thanks for your suggestion. You can now enter in negative lines when entering transactions in MYOB Essentials.

Sorry can this be confirmed? I was just in the Allocation area and it definitely wouldn't allow me to enter a negative amount.

Hi LiamSmith 

Can you confirm what window you are trying to enter that negative amount into?

Bank Transactions > Click on Memo, then in the Withdrawal details screen, change to 'Split' and try to put a negative in the Amount field highlighted

Hi LiamSmith 

Thank you for confirming that information.

You can enter a negative amount for transactions not on when splitting a bank feed transactions. If you did need to add in a negative line for a banking transaction you would need to record it outside of the Bank transactions window i.e Banking>>Spend Money and use the Match option to match the Bank transaction to the Essential transaction.

Thanks Steve,

That's what we ended up doing but it would be a great time saver if we could add these in the main screen; saves a step and saves breaking the workflow.

We need to do this for selling costs on livestock transactions, grossing up paypal transactions or foreign currency purchases, grossing up freelance transactions etc etc...

Cheers,

Liam

Hi LiamSmith

Thank you for your feedback.

As mentioned currently the negative lines are only for transactions not splitting bank feed transactions. however I'll share your feedback with the team

Hi,

I am with Liam, this is a massive issue in our decision to recommend MYOB Essentials to our client base as we have a large number of Agricultural clients who sell goods with charges against them. Whilst your workaround is ok, if clients are moving from a BankLink environment to Essentials and learning to code, I believe your workaround is a real risk for duplicated entries. Please fix the issue properly and allow the client to code the transactions on the bank feed screen.

Hi BWProAdvice

Thanks for your comments.

The new banking experience with MYOB Essentails allows for negative lines to be allocated for the transaction via the Banking screen.

CC LiamSmith