Bank transactions - matching withdrawal and deposit amounts
Hello, I have a three withdrawals and one deposit made by the bank that I would like to match. How can I do this? Thanks heaps Dannielle
Forum Discussion
Hi dannielle24,
You can’t combine bank feed lines (like 3 withdrawals and 1 deposit) into a single match. Bank feeds are matched to recorded MYOB transactions, think Spend Money, Receive Money, Transfer, or a Bank Deposit, so everything lines up and your reconciliation stays tidy. Here's something to check if you want to know how matching multiple bank feeds works in the software.
Once each feed line is matched to the right MYOB entry, your reconciliation will balance out naturally.
If the deposit has fees taken out (net settlement), record the full receipt and the fees, then post the net Bank Deposit to match what hit your bank.
If it’s money moved between your own accounts, just record a Transfer between accounts and match each side to its bank feed line.
Regards,
Genreve
