Reconciling Credit Card with individual cards all linked back to one billing account - setup bank feeds
Hi,
I need assistance with setting up credit cards for bank feeds under one Primary account with multiple cards. Payment of all card balances due, is automatically taken from our cheque account.
We have three cardholders with individual cards (all using bank feeds) and a 4th account called the primary/consolidated account which is not tranactional - payment is already showing on my bank feed as credit card payment.
How do I set these up in MYOB.
I have made individual accounts for each card, so each card has it's own Bank feed. The amount paid was the total owing for all cards.
Are the individual cards set up under a header account - ie the billing account or stand alone?
Thanks!
