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AccountRight

Bank Feeds: Rules - Ability to set up based on amount

Contributing Cover User

18Posts

64Kudos

0Solutions

18 Posts
Contributing Cover User
Australia

At present we have two transactions per month with the same description - loan debits but for different amounts and different loans.  This description is preset and cannot be altered by the bank.  If the bank feed rule allowed us to allocate a $ amount as well as the description to the rule then the rule would work correctly.  AT present MYOB cant identify which rule to apply as it only works off the description which is the same for both rules.

 

Unless there are alternatives which could work around this issue?

 

"More advanced options for bank feed rules"

Current Status: Open
Last Changed: February 2014

Thank you for your suggestion to make the Bank Feeds more easily usable, we're always looking to make this area even better. Please remember vote if you like the idea and want to see it implemented.

32 Comments
MYOB Moderator Steven_M
32,737 Posts
MYOB Moderator
Hi @JKB Just to clarify are you referring to LiveAccounts which is your only online web browser based program or AccountRight Live which is our desktop program which allows for files to be saved in the cloud?
Contributing Cover User JKB
18 Posts
Contributing Cover User

AccountrRight Plus 2013.5.15.9262

MYOB Moderator Matthew_W
2,173 Posts
MYOB Moderator
Thank you for your suggestion to make the Bank Feeds more easily usable, we're always looking to make this area even better. Please remember vote if you like the idea and want to see it implemented.
Partner ASWatCR
242 Posts
Partner

In the world of bank rules, this essential (and in my opinion a major impediment to the efficiency of myob bank recs) hope this can be addressed asap.

Partner jojo25
3 Posts
Partner

Is it possible to set up bank rules(to assist with bank feed reconcilliations) to recognise $amounts as well as words?

NFC
1 Post
Cover User

making rules for $ amounts in addition to descriptions would greatly reduce workload particularly those companies that receive registration fees from thousands of players. Please consider this amendment.

thanks

Partner ASWatCR
242 Posts
Partner

Is MYOB going to look at the efficiency of its bank rule functionality?

 

It one thing to claim it will save you 10hrs per week, but it also currently very frustrating when a much better job could be done of it.  Look at what your competitors are doing! - this is a minumum.

johnob
2 Posts
Cover User

Please update your Bank Rules feature as they are very poor at the moment. 

 

Looking over the forum posts in the last couple of years it seems MYOB has done little to address the issues that many people are having. 

 

To simply be able to allocate a rule against a memo & an amount would make things much easier.

 

Banklink's (and Xero's) rules are much more detailed and work fantastically. As MYOB owns Banklink can you not bring some of the Rule functions over from there?

Meleena
1 Post
Cover User

To be able to create rules for a dollar amount as well as the memo would make the bank feeds function more efficient.

 

Please address this in the next update!

Partner Alex23
1 Post
Partner

It would be great if rules could incorporate dollar amounts as this would enable a lot of our clients to utilise rules more effectively and efficiently as per JKB's comment above.

 

 Please address this in the next update!