MYOB & Concur - Matching direct debit for credit cards

Rahelstueck

Hey team,

 

we are currently implementing Concur (for credit cards and invoices). We are going to import credit card transactions on a month by month basis as a purchase. 

We pay for the balance 2 weeks after the cycle ended and I am just trying to figure out how I will match the direct debit that comes in via bank feed against several purchases to have them marked as paid. 

Initial thinking is to set up an Electronic Payment against all staff that has a credit card purchase for the month and then match the Electronic Payment against the direct debit. Will this actually work or is there another way to match a payment against several invoices?

 

Thanks for the help!

Rahel

Melisa_D

Hi @Rahelstueck, 

 

Thank you for your post. Yes you're right, you can create an electronic payment to match the bulk transaction. You will first need to set up electronic payments before you can do this. Our article Matching a bank feed to multiple transactions has further instructions on how to set this up. 

 

Please do let me know if you have any further questions.