Forum Discussion

DanielBowen's avatar
8 days ago

Recording Payments in the invoice window into the correct account.

Hello,

 

When recording a new sales invoice in myob we have the payment method for the payment which we can choose our different payment methods, however each payment method deposits into one the same account.

 

Example, if we choose cash at the payment method we would like it to record into the cash drawer account. and if we choose the eftpos payment method we would like it to record into the eftpos account.

 

It doesn't matter which payment method we choose, we can't select which account it actually corresponds to.

 

Kind Regards

Daniel

1 Reply

  • Genreve_S's avatar
    Genreve_S
    MYOB Moderator
    7 days ago

    Hi DanielBowen,

     

    At the moment, AccountRight uses the linked Bank account for customer receipts, so cash and EFTPOS can’t be sent to different accounts from the payment method. What you can do however is link an account to cash and another account for cheque. Those payment methods then defaults whenever you choose cash or cheque.

     

    If you want to choose each payment method individually for each transaction, the usual workaround is to receive them into Undeposited Funds first, then use Prepare Bank Deposit to move them to the right account.

     

    Regards,
    Genreve