Forum Discussion

Haushelm's avatar
Haushelm
Member
7 months ago

Savings account

Hi, just wondering what the best way to set up an account via the Banking Hub.  I have a Business Online Saver that I use to transfer money into so its there when I have to pay the quarterly BAS.  

What is the best way to set this up? What linked account should I use and when I reconcile, which is the best way to allocate the payments.

Thanks in advance

 

1 Reply

  • Doreen_P's avatar
    Doreen_P
    MYOB Moderator
    7 months ago

    Hey Haushelm,

     

    Great question! Setting up a Business Online Saver in the Banking Hub is pretty straightforward. Head into your accounts list and add a new account for your saver, making sure to pop in all the right details. Check the links below about setting up a new account and other info.

     

    When it comes to which linked account to use and how you allocate payments, that's where a chat with your accountant is gold.

     

    Cheers,

    Doreen