Forum Discussion

Bluewave's avatar
Bluewave
Trusted Cover User
3 years ago
Solved

Payment date wrong in ABA file

I just created a Pay Run in advance, with the payment date set as 27/12/2021. I have done this many times before.  Everything looked fine on the payrun and then I created an Electronic Transfer (ABA ...
  • Tracey_H's avatar
    Tracey_H
    3 years ago

    Hi Bluewave 

     

    Thanks for your post. The payment date for a bank file comes from the date entered in the Date of payment field in Prepare electronic payments.

     

    You'll need to delete the Prepare electronic payments transaction and reprocess with the correct date entered in the Date of payment field. The help article, Changing or fixing electronic payments, has detailed information.

     

    Please let me know if you need further help.

     

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

Bluewave's avatar
Bluewave
Trusted Cover User

Thanks Tracey. I ended up doing that very thing when I was unable to edit the date of the transaction. I had already edited the original ABA file so the payment from the bank will be on the correct date. I then just trashed the duplicate ABA file created after doing the transaction fix.

 

It seems odd that a payrun set for a certain date will generate an electronic transaction for a different date, and then this must be noticed and manually amended before completing the process. 

 

So far I am not a fan of the "new MYOB", but I guess I'll just need to get used to it. I seem to be needing to change dates and date ranges in places where I didn't have to before.

Tracey_H's avatar
Tracey_H
Former Staff
3 years ago

Hi Bluewave 

 

In the newer Essentials platform and AccountRight electronic payments work by allocating payruns and supplier payments to the electronic clearing account instead of the bank account. When you process an electronic payment, the bank file is created and a transaction is also recorded that moves the amount from the electronic clearing account to the bank account. 

 

Payruns/supplier payments and electronic payments are two separate processes. As such, it's up to the user to enter the payment date for the electronic payment when processing that transaction.

 

I hope that clarifies how electronic payments work. Please don't hesitate to post again if you need further help.

  • Bluewave's avatar
    Bluewave
    Trusted Cover User
    3 years ago

    Yes, but in AccountRight the date of payment must match the date of transaction or those payments won't show up in the pick list (filtered out). That makes it more fail-safe than the new Essentials program. Had the wages payments not shown up when I was creating the ABA electronic payment file, then it would have prompted me to look for what was amiss.

     

    I feel that should be a feature of Essentials, as it is in AR.

    • Tracey_H's avatar
      Tracey_H
      Former Staff
      3 years ago

      Hi Bluewave 

       

      In AccountRight the Prepare electronic payments window will display all transactions up to and including the date entered in the Bank Processing Date field:

       

       

       

      In MYOB Essentials the Prepare electronic payments window displays transactions based on the dates entered in the Transactions from and to fields:

       

       

       

      Please let me know if you need further help.

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