ContributionsMost RecentMost LikesSolutionsRe: Third party cash sale entries and reconciliation Hi Lisa, I'm not sure how to share privately. Sorry new to all this. :) Thank you, Monika Re: Third party cash sale entries and reconciliation Hi Lisa, No, sales get allocated to one of the income accounts depending what trip this is and we use Job Codes. Rezdy has been set up as an asset account such as Paypal, Bank account etc. And yes, any payment received from Rezdy directly to the bank accounts gets recorded against Rezdy, so via bank feeds, receive money the full amount against Rezdy 11366 - commission $xx = $xx amount received into the bank account. Nothing against the cash sales that has been created on daily bases. I was told that I just pay that off at the time of entry - regardless of knowing if that amount was going to match what Rezdy payout. They then expect me to reconcile that like a bank account. Impossible. I have just tried your suggested method of adjusting the cash sales already entered against the amount received in the bank. In the bank feed I clicked Receive payments and bring up all the cash sales. I then went through the remittance and tried to best match it, but it is a nightmare still, but I feel like the correct revenue is reflected at least. But going forward let's say I would use the other suggestion - Rezdy Payout Excel Spreadsheet and enter the income retrospectively after receiving the payment, I come across a problem of not having the Paypal transactions included. Maybe I would just have to go through Paypal and enter that after, however we have these Job codes allocating income from different trips as the boss likes to see which venture is most profitable so I have to run those daily reports in Rezdy as they show not only what activity the income is coming from and allocating that to the correct income account and also I'm able to sort by all types of payments, (refunds, Paypal, Rezdy). Also the huge problem is that nobody has reconciled anything since June 2021 and Rezdy doesn't give you a statement so it's a bit hard to get the balances right. Hopefully you'll be able to find the best way going forward. Thank you Lisa, Monika Re: Third party cash sale entries and reconciliation Hi Lisa, Thank you for your prompt response. You are correct in saying that the Paypal transactions are received in the Paypal account daily and hence we have to enter the sales each day despite knowing that Rezdy won't be correct at the end of the week. I like your suggestion to make adjusments to the entries I've entered during the week once we get the rezdy payout report.Rezdy is set up as an asset account and they receipt the deposits that we get into our bank against Rezdy Pay and that's what makes it so hard to reconcile and make adjustments as you suggested. I think that it would be better for me when the payout figure sits in the bankfeed to click spend money and bring up the cash sales and apply the amount, record the commision and make an adjustment at the same time. What do you think Lisa. :) Thank you, Monika Third party cash sale entries and reconciliation Hello everyone, I am really hoping you would be able to help me to find the best way to reconcile sale entries between MYOB and a third party booking platform called Rezdy. We are currently using Rezdy to book diving and snorkelling trips to the Great Barrier Reef. We then take the daily sales reports from Rezdy and enter them into MYOB as Cash sales for that day, some clients might pay with Paypal which we then are able to receipt against the sales. However, with Rezdy it's more complicated as we receive payout settlement remittance once a week for the week but not all bookings we entered into MYOB for that day go ahead due to weather conditions and other factors (perhaps not enough numbers for the boat ride) . I am looking for a best way to be able to reconcile these transactions. Paypal transactions against the sales is reconciled using the statement and creates no issues but Rezdy doesn't provide a bank statement and reconciling is almost impossible. Thank you so much for any suggestions how I could make my life easier. :) BAS online can I re-print the Spend money transaction sheet Hello everyone, Just wanted to check if there is a way to re-print a Spend money transaction breakdown for a BAS that has already been lodged. Let's say I want to see how the transaction should have been entered in MYOB as it hasn't been done correctly. Thank you, Monika Electronic clearing account should go back to $0 Hi guys, I believed that Electronic clearing account should go back to $0 when a payment is made for outstanding payments? If I'm to reconcile on monthly basis where do I get the closing statement balance? Thank you, Monika SolvedCash received for cash sales instead of banking I would like to use to top up Petty Cash Hi guys, New to this. We seldomly receive cash payment for our services but from time to time we do. My preaccessor used to run to the bank with it. I would like to use this cash to top up my Petty Cash tin so I don't have to write a cheque and run to the bank to cash it. Would you be able to advise how to best record this? Thank you, Monika Solved