For more than seven years I used I used the desktop version of MYOB. It has the VERY USEFUL "Prepare Bank Deposit". I was convinced to use MYOB Essentials as it would allow me to get invoicing done q...
Setup: Prepare Bank deposit feature
UCC
11 years agoUser
Hello IdeaExchange,
after previously using Business Basics and upgrading to online Essentials, i would like to see the Prepare Bank Deposit feature made available in this online software.
This feature was fantastic for easily preparing cash deposits and transferring into my main cheque account and keeping a record of all the transactions being deposited into this account.
Currently there is only a "Transfer money" option which only provides the ability to enter the transfer amount therefore not keeping an itemised record of what transactions have been transferred.
The Prepare Bank Deposit Report would then keep an itemised list of transactions ideal for auditing purposes.
Thanks,
UCC
- qwerty10 years agoUser
I agree. Apparently you can do journal entries also to do it but I'm still learning that. I used to use PREPARE BANK DEPOSIT for entering payments from customers. All our sales we're put into a cash drawer/petty cash then itemised expenses were added to the transaction and a bank deposit was made. This worked for payments made by cash or credit card/EFTPOS. IT WAS EASY,
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