Share your ideas for improving MYOB Essentials Accounting. Vote on ideas and discuss them with the MYOB product development team.

MYOB Essentials

Bank rules: Transaction type condition

Partner

11Posts

7Kudos

0Solutions

11 Posts
Partner
Australia
New
New

When choosing condition by amount then rule should only apply to Deposit and separate rule should apply to Withdrawal.

Problem at moment is that when choosing an amount equal to say $90.00 the rule will pick up both deposits and withdrawals.

 

"Allocation Rules - Transaction Type"

3 Comments
KENE
Partner
11 Posts
Partner

A further solution coud be

Or condition could apply to CREDIT amount.

Or all rules should apply to alpha description before applying to amount

GlennSparrow
Contributing Cover User
38 Posts
Contributing Cover User

There are times when it would be brilliant to have a different rule for a Deposit and a withdrawal with the same cirteria.

 

I.e. A florists sells to "new world" and also purchases from them.  If you create a rule with "New World" in the text field it will allocate all transactions, regardless of deposit or withdrawals, to the one account.

 

Adding the ability to select that the rule applies to either a Deposit, a Withdrawal or both would save a lot of rework correct the individual transactions.

Stephen_Blackt
Experienced Partner
63 Posts
Experienced Partner

I would also like to see a rule where all deposits are treated in the same way ie all deposits are allocated to a particular income a/c. This will handle situations where a business has a seperate POS system which is not linked to MYOB eg a childcare centre; all deposits are payments for fees but they have different descriptions so the existing rules do not help to enter the transactions, but an overall rule for all credits would. If there were some credits that are not payments of fees these could be handled by an exception within the rule. That is all deposits are allocated to an income a/c unless it contains a description of Transfer, than it is allocated to a different a/c.