Hi RUNCO,
I appreciate your response and apologize for any confusion. The option to split payments, as mentioned in the article, is currently only available for MYOB Business AU. Therefore, the specialist suggested a workaround for MYOB Business NZ.
If you need to record payments in separate bank accounts in NZ Business, the recommended method is to utilize the electronic clearing account as a temporary account for any split payments, as suggested by the specialist. After allocating the bank feed to the electronic clearing account, you can then journal all transactions from there.
This method allows you to effectively manage split payments across different bank accounts while ensuring accurate record-keeping.
Please let us know if you need further assistance with this process.
Thanks,
Genreve
Hi, as per the previous advice to allocate from the bank feed to electronic clearing account, then journal the amount form the electronic clearing account ( to the wages expense account ) I have done this as a total figure ( to create journals for each employee is time consuming and less than ideal. I want to point out that another employees wages ( who is not paid via split back ac) is also showing on my bank reconcilation ie as a double up.
This 'upgrade' is seriously a step backwards. While is was not perfect before it is now problematic, I should not have to be journaling employee wages done via the payroll each time.
