I have just started a new version of MYOB and when doing the payroll it wants the amount to go to 1-1220 Electronic clearing Account but I want it to go directly to my main bank account.
At present I can not reconcile my bank account as the wages do not appear in MYOB.
Can someone please advise me how to change the "pay from account".
Thank you
Hi mr_mrsnos,
Great question! The account your wages are posting to is controlled by the Payment method on each employee card. If you don’t want pays going through the Electronic Clearing Account, change their payment method from Electronic to Cash or Cheque, and make sure your linked bank accounts are set to the correct main bank account. Managing linked categories
For the pays you’ve already recorded to the Electronic Clearing Account, you can move them to your bank by going to Prepare Electronic Payments, selecting those transactions, and processing them from Electronic Clearing to your chosen bank account.
I hope this helps!
Regards,
Earl
