IllawarraAnn Hi, I have the same issue. So in bank feeds when we connect the account to each card, it is to the overarching account. Is that correct?
I tried setting up one bank feed in MYOB to Commbiz linked to the overarching account (no physical card) but it would not work. I have since had to apply for bank feeds for each card. In the mean time a withdrawal for automatic balance payment has come through for the overarching account in my bank feed. How do I link these so I don't have to do manual reconcilliations etc? Thanks :)
Hi Jenni,
I have a solution from MYOB for one of the companies that I work for, but when it came to setting up another company I could not find an MYOB consultant that could assist me.
Currently I have a bankfeed for each card and reconcile to the amount on each card statement and then apply the auto deduction for payment to whichever card has been used the most.
As long as the totals reconcile for each card I can be assured that all transactions are accounted for.
I did think about creating a clearing account to tackle the problem but havent as yet.
It is possible but you just need to find a consultant that knows how to make it happen.
