ContributionsMost RecentMost LikesSolutionsRe: Keeping track of supplier costs and item costs Hi Neil, Thanks so much! this is perfect. Since i've created individual COST OF SALES accounts for each item am I correct in assuming the Expense Account for each Supplier Card can be left blank? Currently, I've created a COST OF SALES account for each supplier to be in place here but I've noticed the balance remains at $0.00 because it is only for non-item purchases which never occur. Keeping track of supplier costs and item costs Hi MYOB, I've currently set-up individual cost of sale accounts for each of our ingredients e.g. pork trim, pork shoulder, pork fat. I"ve also created a cost of sale account for each supplier. At the moment I am able to keep track of how much of each ingredient I am buying in a dollar value however, I cannot see how much I am spending with each supplier. We have 4 suppliers of pork which we regularly buy from. Is their a way to maintain this current set-up but also have MYOB keep track of how much I am spending with each supplier in total? This would be extremely helpful if we are able to do this. Please help. SolvedAccounting for credit card payment of suppliers Hi everyone, We have a few suppliers which we pay by credit card. Could someone please advise on the correct way to account for these? I have created a liability account and named it VISA Credit card. My current process is as follows: 1) Pay Bills - select my VISA Credit card (liability) in "Pay from Account" 2) Select invoices and click Record. My confusion comes from when it is time to pay back the credit card, am I able to prepare an electronic payment as an ABA file and treat it the same way as if I were making a bank transfer to a supplier? Thanks, Solved