Hi RUNCO,
Thanks for the post. I apologize for the delay in attending to your thread.
From my understanding, the most effective method to remove transactions from the 'Prepare Electronic Payment' window is to process them as an electronic payment within the same window. This action will function similarly to a transfer, moving funds from an electronic clearing account to your chosen bank account. However, it's important to process the transactions in batches that align with the dates and amounts of the bank feed transactions to ensure automatic matching.
Regarding the payroll specialist's advice about coding the transactions to the electronic clearing account, the article 'Split a Pay Between Accounts' can provide further clarity. This process involves temporarily setting up a split pay in the employee contact, recording the pay as usual, and then removing the split settings in the employee contact. This will result in two payroll amounts ready to be matched to bank transactions.
If you need more assistance, please provide us with more details about your concern. In the meantime, feel free to create a new thread if you need help with anything else.
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Thanks,
Genreve
Hi, the advice here https://www.myob.com/au/support/myob-business/payroll/add-an-employee/myob-business-payroll-split-a-pay-between-accounts
To split a pay and pay electronicaly, this advice does not match what is showing on my screen. Under employment > bank account there is only a box to check saying "Pay via electronic payments (bank file)"
There is no option to "
Set the Payment method to Electronic." Just a side note my bank dosent let me use a csv file or bank file.I still dont understand how preparing and electronic payment replaces my method of entering the info via payroll which deducts the paye, kiwisaver, annual leave etc. Does paying via electronic payments replace the payroll function?
