Growers's avatar
Growers
Trusted Cover User
12 years ago
Status:
New

Recurring Transactions: Set up transactions for loan repayments with monthly interest components

For a business with a large number of loans for vehicles / plant etc, I would like to see a facility to allow for the quick uploading of the contents of a spread sheet to handle the large number of l...
Recurring Transactions
Recurring Transactions for Loans
shelld79's avatar
shelld79
Experienced Cover User
12 years ago

It would be great if MYOB had the ability to have HP or loan repayment schedules entered so that payments can be automatically allocated for each payment period according to the loan documentation. This would be so handy rather than having to work out the principal and interest amounts manually for each payment, preparing a schedule in another form of software such as excel or doing a recurring entry for each period.