Forum Discussion

Hajun's avatar
Hajun
Member
1 month ago

ow to properly track FAB Ratibi card balance and salary entries in MYOB?

Hi everyone,


I’m a student using MYOB to learn basic bookkeeping, and I also receive my salary through a FAB Ratibi card. I regularly check my Ratibi card balance to manage expenses, but I’m a bit confused about how this should be reflected correctly in MYOB.

 

Since the Ratibi card works differently from a traditional bank account, I’m not sure whether balance checks and incoming salary credits should be recorded as standard bank transactions, payroll income, or another account type. I also want to avoid mismatches between the MYOB balance and the actual Ratibi card balance.

 

If anyone has experience handling FAB Ratibi card salary records in MYOB, I’d really appreciate advice on best practices, account setup, and common mistakes to avoid.

2 Replies

  • Harper65yt's avatar
    Harper65yt
    Experienced User
    19 days ago

    You can treat your FAB Ratibi card salary credits as payroll income in MYOB and record balance checks as bank transactions linked to a dedicated “Ratibi Card” account. This keeps your bookkeeping organized and avoids mismatches. You can also use the FAB online banking site to check your Ratibi card balance and ensure it matches what you record in MYOB, helping maintain accuracy and confidence in your records.

  • Hajun's avatar
    Hajun
    Member
    6 days ago

    You explained it well...and thank you for that 🙂

     

    One last thing, It would really help if you could also share any step-by-step guide, help article, or learning resource you’ve used for setting this up in MYOB.

     

    As a student, having a practical reference or official documentation would make it much easier to follow the correct process and avoid mistakes when tracking a FAB Ratibi card in MYOB. If you have a link or walkthrough, please do share it.

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