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Hi SuFish,
Thanks for your post.
My apologies for the delay in response. I understand how setting up the consolidated account in liabilities and reconciling can be complicated if not set up correctly. We appreciate your reaching out. We regret to inform you that MYOB does not have a specific feature to manage and reconcile individual credit cards under a consolidated account. However, you can create a liability account for the consolidated account in MYOB.
For tracking individual card usage, you might consider creating sub-accounts under the main consolidated account for each credit card. This way, you can record transactions for each card separately, which could help in reconciling and staying on top of each credit card user.
Please note that this is a workaround and might not be the perfect solution. It's always a good idea to consult with an accounting professional for advice tailored to your specific situation.
If you encounter any issues or need further assistance, feel free to reach out.
Kind regards,
Shella
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