Forum Discussion

DushMel's avatar
DushMel
8 months ago

Spend Money entry

Hi, when you are doing a spend money entry, should we put a (-) infront of the amount or not? As it's under spend money label will the system automatically takes as a (-) amount in Accounts or not? 
gavin12345's avatar
gavin12345
Ultimate User
8 months ago

Hi DushMel 

 

No. If you are recording for example the payment of $50 for fuel, enter it as a positive amount. MYOB will debit the expense account you specify and credit the 'Pay from' account automatically.

 

Regards

Gavin

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.