Forum Discussion

yobers's avatar
yobers
Trusted User
9 months ago
Solved

Bank account details required when I don't use bank feed

Hello, I recently tried to import a .qif statement to update my bank transactions as I have done many times before. However I was told that I need to update the new category details before I can do...
  • Genreve_S's avatar
    Genreve_S
    9 months ago

    Hi yobers, 

     

    The financial account details you're prompted to add for the newly created accounts are mainly used for the prepare electronic payments feature. This feature uses the existing bank account details inside the category to create a file that you can upload to banks for money transfers. If you're not using the electronic payment feature, a workaround is to input dummy account numbers so the creation process completes smoothly.

     

    Hope this helps. 

     

    Regards,
    Genreve

Genreve_S's avatar
Genreve_S
MYOB Moderator
9 months ago

Hi yobers, 

 

The financial account details you're prompted to add for the newly created accounts are mainly used for the prepare electronic payments feature. This feature uses the existing bank account details inside the category to create a file that you can upload to banks for money transfers. If you're not using the electronic payment feature, a workaround is to input dummy account numbers so the creation process completes smoothly.

 

Hope this helps. 

 

Regards,
Genreve

Looking for something else?

Search the Community Forum for answers or find your topic and get the conversation started!

Community home

Dig into MYOB Academy for free courses, learning paths and live events to help build your business with MYOB.