When making batch (file ABA) payments to the bank, the transactions come back through bank feeds split individually so I MYOB cannot find and match. Our previous bank did not do this so it was great, now with the new bank separate entries.
The way around MYOB suggests is very clunky and time consuming.
Anyone else having this issue? Suggestions?
Thanks
Hi Leanne33,
Thanks for raising this. You can use a clearing account for payroll or batch payments. You’d process all batch payments into this clearing account, then use the “Prepare Electronic Payments” to generate a single outbound payment from the clearing account. However, if your bank feed brings in every individual payment separately, you need to manually match each bank feed line to the corresponding payment in the clearing account.
I'm hoping someone in the Community forum might jump in with their own tips or ideas on how they're handling this too.
Regards,
Earl
