Bank Feeds -

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Bank Feeds -

Hello @Tracey_H ,

 

I require assistance on how to allocate one bank deposit, which is a sum of 2 transactions ; The payee Debtor has an invoice to allocate part of the deposit amount (Receive Payment), however the balance relates to another client and would normally be processed as a Receive Money.   I have entered the RP and RM direct (not through bank feeds), in the hope I could then select both transactions to allocate, however this doesn't seem an option.

Please advise how to get around this.

 

Many thanks, Ainsley

 

  

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Re: Bank Feeds -

@AinsleyCMP 

 

Welcome to the MYOB Community Forum, I hope you find plenty of useful information.

 

You need to use a clearing account such as the Undeposited Funds account to match the transactions.

The MYOB SUPPORT NOTE on Matching a Bank Feed to multiple transactions tells you exacting how to do it.

 

If my response to your query and has helped, please mark my post as a solution to help others in the future.
Graeme Day
Registered BAS Agent #24745540
First Class Accounts Clayfield
Mobile: 0402 841 627
gday@firstclassaccounts.com
MYOB Certified Consultant
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Re: Bank Feeds -

@AinsleyCMP 

 

Hi Ainsley

 

As mentioned by @GDay53 you need to record both payments to the Undeposited Funds account and then in Prepare Bank Deposit select those 2 transactions. That will give you the total amount of the bank deposit which you can match with your bank feeds.

 

Please let me know if you need further help.

Cheers,
Tracey
Previously @bungy15

MYOB Community Support

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