multiple direct credits as one entry

Question

Hi. I'm using Accountright, and am just starting to use bank feeds. Each week I have 2 direct credits taken from my bank (always differing amounts). I'd like to use bank feeds at the end of the month to "scoop up" all of them and create one MYOB entry at the end of the month. Can that be done? If so, how?

Steven_M · Accepted Answer

Hi @John_Maher

I assume these transactions are recorded as two separate transactions at the Bank's end? This does mean that these will come through as multiple transactions in the bank feed and thus you wouldn't be able to have one AccountRight transaction representing those. The main principle for bank feeds in AccountRight would be one bank transaction for one AccountRight transaction.

In saying that, you could still create a rule to generate the necessary AccountRight transactions to help deal with those bank transactions. See Help Article: Bank feed rules for more information on that topic.