Recording one transaction into two different dates
Hi there
We need to separate one bank deposit amount into two different months as the cash sales are deposited on a weekly basis. So at the end and beginning of each month, we manually record these transactions by "receiving money" two times with different amount and dates. (one in previous month and one in current month).
In this way, when we do profit and loss report, cash sales amounts show up into the correct month(into the relevant month). However, when we do the bank reconciliation, those transactions always seem to be double counted in one month or another. Do you have procedure to record bank deposits like this (month end and beginning)?
We have several MYOB files, mostly use MYOB Business and some Account Rights.
Appreciate if you could provide us solution for MYOB Business version.
Thank you
