myob- created a bill...amount paid---infill or not???

Hi Danhunter 

 

Thanks for your post. There are 3 options for recording a supplier payment:

 

1. enter the payment in the Amount paid field when creating the bill
2. record a Create supplier payment transaction
3. match the bank feed transaction with the bill in Bank transactions

All 3 options will give you the same result, ie, the Create supplier transaction is recorded. With options 1 and 3 the software automatically records the Create supplier payment transaction, while option 2 is manually recording the payment transaction.

 

In the Bank transactions window, if you used options 1 or 2, you match the bank feed transaction to the payment transaction. For option 3 you would match the bank feed transaction to the bill transaction. 

 

The error message You have indicated that the transaction is to be paid electronically. All electronic payments must contain Statement Text is caused by having the wrong account selected for electronic payments. To fix this go to Accounting>>Manage linked accounts>>Bank account for electronic payments select the electronic clearing account. Regardless of which of the above options you choose you should make sure the correct accounts are selected in Manage linked accounts.

 

You can find MYOB advisors in your area on our website: Find an advisor

 

Please let me know if you need further help.

 

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