Forum Discussion
Should I have one credit card account in myob for both cards. Eg account name card 1334 and 4567. With bank feeds into this one account.
Or do I need 2 separate accounts in myob for each card. When the auto payment is made to pay the credit cards I could split the payment.
Hi Cleggtribe,
If both cards (1334 and 4567) are sub-cards under a single credit card facility (i.e., they share one statement and one overall balance), you can use a single credit card account in MYOB. If each card has its own separate statement and balance, it’s best practice to set up a separate account in MYOB for each card.
Bank feeds are typically set up per account. If your bank provides a single feed that includes transactions for both cards under one account, you should use one credit card account in MYOB. : Bank feeds
Regards,
Earl
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