shau
6 years agoExperienced Cover User
The correct way to record payment of credit card debt from a savings account?
When paying off credit card account debt from a savings account, is the correct way to record this as a money Transfer, or as a Pay Bill, or some other type of transaction?
Welcome to the MYOB Community Forum, I hope you find plenty of useful information.
As Credit Cards and Bank accounts are all treated exactly the same way in MYOB, the payment of the Credit Card is just a money transfer from one account to another.
I would use either Money Trasfer or Spend Money - NEVER a Bill.