Bank Feeds: Ability to select Use Recurring

[Jazza6]

I think the Bank Feed feature is great but it has a big problem. When you go Find & Spend Money you can not select a RECURRING TRANSACTION. Therefore, you have to go out of Bank Feeds & Into Banking & Spend Money & process the transaction as we used to do it.

That means you still need to PRINT off your bank statements for data entry. I thought the idea of Bank Feeds is that you could do away with paper bank statements & process Recurring Transactions on the Bank Feed screen.

We are really not saving that much time with the Bank Feeds screen it would greatly improve productivity & stress if we could select Recurring Transactions in the Spend Money feature in Bank Feeds?

Furthermore it would mean no more paper bank statements?

Your feedback & votes would be appreciated as I am sure this affects all MYOB Users.

"Bank Feeds & Recurring Transactions"

[Aaronp]

Cool, Ta @JasonHill 

[RADSecretary]

I think "recurring transactions" functionality must be incorporated into the "bank feed" functionality to obtain the full benefits.  Otherwise it falls very short.  Can you please consider this, the only reason we applied for bank feeds was to make the whole process quicker well it is not, there is now just an extra step. 

[FXFL]

I agree with all the frustrations listed above. I am confused as to why this is a popularity contest as to whether the functionality is enabled or not. The button is there, it was available in the previous release so why is it not enabled in this release? The functionality otherwise is great and does save time ensuring that there are no mis-keys.

Given that I am now in the 4th month of use would like to know when this will be rolled out. As a small business, the addtional time it is taking in processing is eating in to time i need to dedicate to other tasks.

[Suja_P]

Thank you all for your votes and comments. We understand it would be great to be able to use a saved recurring transaction to record an amount appearing in the Bank Feeds window.

These Idea Exchange posts along with your votes and comments give our developers an idea of the various features and functions that you, our customers, would like to see in the software. It helps them prioritise the changes and enhancements that are introduced in future updates. 

Considering the number of votes this Idea has received, we hope to have this introduced in a future update. Thank you for your patience in the meantime. 

[BrendaK]

I would also like to know when recurring transactions will be rolled out in bank feeds.  

I love using bank feeds, but not being able to use recurring transactions is very frustrating.

When I enter Telstra phone accounts and Ergon electricity accounts, I have a recurring transaction that takes into account the 20% business and the rest private drawings, you can't set this up with a transaction rule in bank feeds.  It is just quick and easy to use a recurring transaction.

I hope it is not too far away!

[ASWatCR]

Is this any closer to being implemented?

[Steven_M]

Hi @ASWatCR

Currently this idea is still marked as under consideration. This means we are encouraging clients to vote and comment for this idea. 

[garypilatti]

Dito.... Bank feeds are fantastic but would really like to use exisiting re-occuring transactions.  This hopefully would also be a way around the lack of customisation availabe in rules - ie nominated transation ID# (cheque number, Bpay, EFT etc)

[Lisa_K]

Ditto to all comments above. Please address this MYOB. There is no other function that does what recurring transactions does.

[Tallie_M]

Hi there @garypilatti and @Lisa_K,

Thanks so much for your feedback.

We do agree that having the ability to use a saved recurring transaction to record an amount appearing in the Bank Feeds window is one that would be excellent to see implemented into the software, and clearly one that a lot of clients are eager for.

Given the popularity of this idea, and the fact that ideas are prioritized based on popularity, we do hope for the product development team to incorporate this into a near future release of the product soon.

Anyone else who would like to see this feature, please cast your vote by clicking the '+ VOTE' option next to the subject heading.

Kind Regards,

Tallie