How to Manage Semi Financing with MYOB?

Question

Hello MYOB Community!
I'm in the process of securing&nbsp;to grow my logistics business, and I want to ensure I’m fully prepared to manage this new financial responsibility within the MYOB platform. Could anyone share detailed insights or advanced tips on how to set up semi financing accounts in MYOB for tracking of payments, interest, and overall cash flow? Are there any specific features or reports in MYOB that can help me stay on top of the financials?
Any tips that can help me manage this loan are appreciated. Thanks in advance!

daldabrs · Answer

To manage semi financing in MYOB, set up a liability account for the loan , an expense account for interest, and use recurring transactions to track payments.

Forum Discussion

How to Manage Semi Financing with MYOB?

Looking for something else?

Related content

Finance for Expenses vs Finance for Capital

myob teams approving manager

MYOB Team - Approving manager

Vendor Finance

Can I transfer from Cashflow Manager to MYOB?

TEAMS - LEAVE MANAGEMENT

Finance Charge on Statement

Approving Manager for MYOB Teams