Invoicing refundable bonds
Hi, I want to create an invoice with 2 items - property income for renting out a space for events and a refundable bond which is returned after the end of the event if the space is left in a good co...
Forum Discussion
Hi colleenWatson,
Thank you for sharing your experience! Setting up Bond/bond returned as buy and sell with the same liability account seems like a creative workaround. This will surely benefit other users who'll encounter the same issue. Feel free to share or post again if you have ideas or if you need further assistance.
Cheers,
Princess
There is a glitch in the system. When an invoice is created, and amounts are allocated to specific accounts, these should not change when a receipt is allocated.
I came up with the above because of the glitch.
If a customer is in credit and a refund is to be paid, you can not do it by electronic payments. There is nowhere to enter their banking details and select electronic payment bank.
You can do this in Account Right
Hi colleenWatson,
Thanks for letting us know. We're aware that MYOB Business doesn't have all the features yet, but rest assured, we're hustling to make it even better. If you've got any bright ideas or suggestions, please share them on our MYOB Business Ideas Exchange board. We're all ears! And, of course, reach out if you need any further assistance.
Cheers,
Princess
