KylieD
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Joined 14 years ago
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Re: Job Budget Actual does not balance with P&L
hi Doreen_P Thanks for your suggestion but this does nothing at all. If I look up the expense account it balances to any profit and loss that I run (a job one or an organisation one). Its when I run the job budget report the amount changes. I am assuming that the profit and loss is correct as it balances to the amount on that expense account. As shown above. There is an error in the budget but I can not find it.Job Budgets allowing Dates
I use Jobs every single day, nothing is entered into the system without a job code. the problem is running job code budgets is a complete joke. You cant pick a date range - therefore you have to make sure nothing is entered in the next month or it shows up on the budget. You must allow a date range and in the budget section where you put budgets you can put monthly ones in. Job codes need a lot of work as I believe so many people use them Job codes need to allow budgets for each month Job codes need to have a date range you can print from.Job Budget Actual does not balance with P&L
Hi Everyone. I was doing my board report today and noticed that the job budget had a difference of $237.80. I have crossed checked every single thing I can think of. So it is computer expenses that is incorrect. I checked the computer chart of accounts code - everything is job coded correctly. I changed the dates thinking that I may have put in a future date so I checked the computer chart of account code from 01.07.25 to 01.07.2555 - and nothing was future dated. so I am stuck. Please see below. The above is a report run from the profit and loss section from the 01.07.25 to 30.06.25. Its not a job profit and loss This is a from a consolidated job and profit report from the dates. they both balance as you can see. The next is from the job budget report (no dates can be put in for jobs) first line is budget and 2nd line is actuals as you can see there is a difference of $237.80 from the 2 profit and loss sheets and the budget. the above is when I look up the actual chart of account code - which balances to the profit and loss sheets. I am unsure as to where the JOB budget is reading from to get that different amount. Could some please help - as it means my budgets are not balancing to the balance sheet. Not good for an accountant!!!Accrued Adjustments & Job Codes
Hi Everyone. So I have been looking into switching to Xero, which is a shame as I have used MYOB for 16 years but i cant seem to find the answers that i need to know if I should make the switch or not, so that is why I am here. On the 1st of July we are switching to complete Accrued Accounting, which means there will be plenty of journal entries for me. No problem at all But Xero allows these journal entries to be automatically reversed once we have received the "actual invoice", MYOB seems not to do that - and it has to be reversed manually (so human error is unavoidable here) Is that correct?? I use Account Right but does Accountright Premior allow them to be reversed by MYOB rather than me manually??? Another reason for my switch is that we have a lot of departments that i use "job codes" in myob for. But they dont allow monthly budgets only YTD where XERO allows monthly budgets for all departments as well as YTD - I know Accountright doesnt as I use it - but does Accountright Premier allow job codes to have monthly budgets??? I dont want to switch but I seem to have no choice, as MYOB no longer is capable of doing what I need it to do. Thanks heaps - if MYOB does do these things then I will stay - so if someone could please let me know thanks a bunch
