Bank feed with a new credit card
I had a credit card set up in bank feeds and was able to use the bank feeds to reconcile the account, unfortunately we then had to replace the card due to dodgy internet scammers!
Since then, I have been unable to link the new card in bank feeds as when I choose the dropdown menu Associated Accounts ‘WBC Visa – Business’ it won’t let me choose that account because it was already associated with the old card. The message reads “This account code is assigned to another bank feed. Select a different account”
Does this mean I would have to set up a new Liabilities accounts for this new credit card in MYOB, that way I can choose that new account when adding the card into Bank Feeds?
If so, would I need to zero balance the old account before starting up a new liability account. Hope this makes sense.
Thanks, in advance!