Forum Discussion

fredong77's avatar
3 years ago

Setting up bank feed for a loan account

I have set up a MYOB loan account under current liability and type as credit card.

 

I previously arranged for a bank feed from the bank loan account but I cannot link it to the MYOB loan account because the type is a credit card and bank feeds from bank account can only be assigned to type "bank".

 

So how can I set up a bank feed from a bank loan account to a MYOB account set up as current liability with type credit card?

  • SamaraM's avatar
    SamaraM
    Former Staff

    Hi fredong77 

     

    Generally, when setting up a bank feed for a loan account, you would need to put the Account type as Credit Card to be able to associate it with a bank feed.

     

    See Help Article: Loans and repayments for more information on setting up the liability account, and Link the bank feed to an account in MYOB for more information on associating the account. 

     

    If my response has answered your enquiry please click "Accept as Solution" to assist other users find this information.