Prepare bank deposits in business lite
How do you prepare a bank deposit in MYOB business Lite ? Apparently the feature doesn't exist!
Forum Discussion
Hi Baxter1
Thank you so much for your post. Currently, this feature is not available in Myob Business/Essentials. If this is something you'd like to see in MYOB Business/Essentials in the future, we'd also strongly encourage you to vote for this idea on the MYOB Essentials Idea Exchange. As our product development team do use the board to gain insight into what our clients want to see implemented, it's a great way for you to get your voice heard. Voting can be done by clicking on the thumbs up icon.
Regards,
Earl
Hi Earl,
That is so disappointing.
Any solutions as to how to receive undeposited funds into our bank account?
We are a small business & still receive both cash & cheques as payments for some invoices.
MYOB seems to assume that everyone pays direct into the bank account!
Hi MadMuddie,
MYOB Essentials/Business doesn't have a Prepare Bank Deposit/undeposited feature. However, you can create a new bank account in MYOB Essentials/Business for easier transaction recording. This allows you to select the specific bank account from the list when you need to record a transaction in the undeposited funds account. To post an amount to the selected account, follow these steps:- Navigate to Banking>>Receive Money.
- Process the transaction to the designated bank account from the holding account.
Please do let me know how you go on this.
Regards,
Earl
