Incorrect deposit receipted
I have no idea how to record this in MYOB. Last week's banking was recorded incorrectly at the post office (where we have to bank), and their receipt is $1050 less than what it should be. It's a ty...
Forum Discussion
The bank is investigating, so there will be the additional $1050 credited to our account. How do I record a split banking transaction like this?
Delete one of the transactions and record in two parts so I can record one that matches the first (incorrect) deposit, then the second once the additional funds have been credited to our account?
Hi treasurerWBC
Thanks for your post.
If these are payments for an invoice then we could record a payment for the invoice in two instances, one for the initial payment that has $1050 less, and another for the $1050.
Generally, we follow what the bank shows and reflect it in the application. Since the bank only has a transaction with $1050 less than the right amount then we record it as is, then we could record the additional $1050 when it has been credited to your bank account.
Best Regards
Genreve.
