How to stop MYOB auto allocation of invoice payments

Question

Our small business primarily does smoke alarms checks for the same real estate business & invoices the same amount. The way MYOB is set up is that payments that come into our bank account from the real estate business are automatically recorded against whichever invoices are oldest, even though some payments are made for newer invoices before older ones (I presume if the property owners have sufficient funds for payments).

My question is: how do I turn off MYOB automatically recording payments against invoices so I can allocate payments manually according to remittance advices?

Cheers

Sue

esther598 · Answer

Hello,Certainly! To turn off automatic payment allocation in MYOB, follow these steps:Go to the Setup menu.Select Preferences.Navigate to the Banking tab.Deselect the option Auto-allocate bank transactions to outstanding MYOB invoices or bills.This will allow you to allocate payments manually based on remittance advices.securespend visaBest Regardsesther598

sselect · Answer

Many thanks Esther

Forum Discussion

How to stop MYOB auto allocation of invoice payments

Related content

Allocate BAS Payment

Problem with allocating credit card payments

change in invoice recordng / payment allocation

Allocating payment to lock period invoice for customers

Online Payments not getting allocated (NZ)

Allocating a super payment that is completed

Wont complete allocation of payment against 35 invoices - error message appears

Online payments are not closing the invoice