Does MYOB have an ability to comply with the QBCC record keeping obligations under BIF Act - with regard to the maintenance of a "Seperate Trust Account Ledger" capable of providing seperate ledgers and information for each beneficiary and trial balance for the Project Trust Account. This is seperate to the financial general ledger that MYOB maintains. If so, can you please advise how this is done. Thank you.
I'd also like to know this!
I'd like to know this to please otherwise I will need to look at other software options.
In particular if MYOB is a complying software platform as:
* the software platform cannot be capable of deleting all or any part of the trust account ledger or record of deposits and withdrawals (which MYOB lets you do) and
* if you are able to include all the payment details on remittance advices ie, BSB and Account number
So did any of you guys get an answer. I've been asking MYOB the same question for the last 2 years and still waiting....
