Bank transaction

[SandraN]

I am trying to create a bank rule to split Insurance into different amounts to various GL accounts, but it only allows me to allocate the full amount to 1 GL account.

How can I split the transactions into various amounts when creating a bank rule?

[Celia_B]

hi @SandraN 

Thank you for your post, I'd like to extend you a warm welcome to the Community Forum, I hope you find it a valuable resource.

Within MYOB you can create a rule to split based on a percentage. Under Banking>>Manage Rules you can create a rule for these types of transactions. Under the allocate to section you have the option to allocate by either percentage. 

When you split transaction using a rule, you can nominate both accounts and different tax code for those transactions. If you were unsure to which account or tax code to use, I recommend speaking to your accountant. 

Let me know if you require any further assistance with this. I'm happy to assist you.

If my response has answered your inquiry please click "Accept as Solution" to assist other users find this information.

Cheers. 

Cel 

[Celia_B]

Hi @SandraN 

I just want to know how you go about the issue. If you need further assistance feel free to reply to this post. I'm happy to assist you further. 

Thanks

Cel

[SandraN]

Unfortunately the reply did not help, as I do not want to split the amount by percentage but into specific amounts.

The bank rule does not allw you to split an amount to different amounts but only one full amount or by percentages.

Is that correct?

[Celia_B]

Hi @SandraN 

Thanks for sharing updates on the issue. 

Generally speaking MYOB can create rule based on the Percentage. You can check on this Help Article: Creating Rules. This article has more information when creating rules. 

Feel free to post again if you need further assistance. Happy to assist you. 

If my response has answered your inquiry please click "Accept as Solution" to assist other users find this information.

Thanks

Cel

[Celia_B]

Hi @SandraN 

May I know how you go about the issue? Feel free to post again if you need further assistance, we're happy to assist. 

Thanks 

Cel