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hakymi021's avatar
hakymi021
Member
4 years ago

Does MYOB Take care of the corresponding entry?

Hi all,  I've been instructed to "pay the bills"... I haven't yet been given access to their MYOB so I'm just researching to get an idea. The bills relate to stock for the store,  I don't know if ...
gavin12345's avatar
gavin12345
Ultimate User
4 years ago

Hi hakymi021 

 

The purchase must be entered first, as the Pay Bills transaction must be linked to the Purchase transaction.

 

When an Item Purchase is entered, provided the Items have been set up correctly, MYOB will post the transactions to Payables, GST and Inventory. You can review the transaction before processing by using Edit > Recap Transaction.

 

Regards

Gavin

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