Payroll Bank Feeds in MYOB Business
Hi
Just wondering if I could get some advice please given that MYOB Help are absolutely no help at all !!
I manually paid my employees and now my bank feeds have come through I can't allocate the...
Forum Discussion
Hi Jenny62
As we've added the ability to pay suppliers electronically in the newer MYOB Business platform the process for electronic payments has changed. If your employees Payment method is Electronic, pay transactions are now posted to the electronic clearing account.
You will need to set up electronic payments then go to Banking>>Prepare electronic payments and process the electronic payment transaction. If employees have already been paid you do not need to upload the bank file to your bank.
In Bank transactions you will need to match the bank feed transaction to the electronic payment transaction.
These Help Articles have detailed information and step-by-step instructions:
Setting up electronic payments
Learn about payroll changes after upgrading
Please let me know if you need further help.
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