Invoice date and Posting date
As an accountant recently having started a new position in a company using MYOB Accountright I came across a strange scenario. when processing a Sales Invoice or Creditor Invoice, (via export to MYOB...
Forum Discussion
hi Mike_James & Earl_HD
thanks for your replies. Right so just to clarify, if i have a july dated invoice and i want to transact it in MYOB but the July Period is Locked as the invoice is late and we have closed the July period for month end purposes for arguments sake. So it is transacted in August in MYOB. my Question is does MYOB Account right take the date its transacted as the Invoice date or am i understanding it incorrectly. Can you still input it as a july dated invoice but obviously have it transacted in the august period? I thought it could only handle a single date field ?
Earl_HD The accrual accounting adjustments are already done for month end purposes, nothing really to do with the Ageing issue i have in AP & AR. I have a call on monday with the WB developer so i can get some more insight to the options available. For now the AP team are treating anything coded on the 1st of the following period, ie August, as a july invoices for ageing purposes but you know, not ideal in the long term.
thanks
Hi paddyr,
My apologies for the late response and thanks for the detailed information. I'd recommend reaching out to your technician for assistance, or you can also send an email to our business support team at businesssupport@myob.com for a solution.
Please do let us know if you have further queries and one of us will be happy to assist you.
Regards,
Earl
