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CSSAUS

Experienced Cover User

Joined 15 years ago

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Re: Display Credit Card Transactions
Doreen, thanks for responding to me. I've checked out the article about setting up a bank feed for a credit card. My problem is that the AMEX card I use for business is actually a supplementary card to a private card that I use so as to separate out business expenditure and AMEX only allows you to connect a primary card to MYOB and not specify a supplementary card. Cheers, Stephen
2 years ago Place MYOB Business: Banking
276Views
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1Comment
Display Credit Card Transactions
How can I display credit card transactions in a similar manner to the way bank transactions can be displayed? I would like to be able transactions specifying a date range.
2 years ago Place MYOB Business: Banking
334Views
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3Comments
Re: Setting up opening balances in MYOB Business
Hi Celia. Many thanks for your response. I'm attempting to enter opening balances for my P&L accounts. In your response you say: If you configure the initial setup of the company file where you have a later conversion month than the start of the financial year you can enter opening balances for your Profit and Loss Accounts. (Income, Cost of Sales, and Expense Accounts). Below are my Financial Year settings: What is preventing me from entering my open balance for P&L items such that I'm receiving the error message? Opening balances from a previous financial year may not be changed for P&L accounts. My opening balance date is 01/07/2022 and I can't see how MYOB thinks I'm attempting to change opening balances from a previous FY. Stephen
2 years ago Place MYOB Business: Accounting & BAS
868Views
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Re: Setting up opening balances in MYOB Business
Thanks for replying to my post. Your response says that for the opening balance of your income, cost of sales and expense accounts they should be zero but based on the link you provided for entering opening balances, it says that this is the case if entering balances at the start of a FY. In my case, I've entered the balances for assets, liabilities and equities and I'm trying to enter balances as they are now. When I try to enter a balance in an expense account, I get the error as seen in the attached file screenshot1,jpg. As to what I have under business settings, see attached file screenshot2.jpg Appreciate your help. Stephen
2 years ago Place MYOB Business: Accounting & BAS
1.3KViews
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2Comments
Setting up opening balances in MYOB Business
I'm in the process of setting up MYOB Business. I've created my chart of accounts and I'm beginning to insert opening balances. I have an equity account 3-9000 titled "Share Capital" but MYOB is not allowing me to enter the opening balance for this account. Can someone explain how I get the opening balance into this account. Many thanks.
2 years ago Place MYOB Business: Accounting & BAS
1.9KViews
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4Comments
Re: Base Salary vs Gross wages
Steven_M wrote: Hi CSSAUS In terms of the exempt button being greyed out, what is the calculation basis set to be? If would only appear as active when the Calculation basis is set to be Equals x% of Gross Wages, rather than a particular category like Base Salary. OK that would have been it, I had changed it from Gross Wages to But have now reverted back to Gross Wages and all is good. Thanks for your help. Cheers, Steve
4 years ago Place AccountRight: Payroll
1.8KViews
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Re: Base Salary vs Gross wages
Further to my previous post, I was able to resolve the issue of the EXEMPT button being greyed out. I added a new SGC category calling it "new superannuation guarantee" and was able to check that under the list of categories nothing was ticked. I then went back to the original "superannuation guarantee" category I had been using and noticed now that the EXEMPT button was not greyed out. Clicking on the EXEMPT button I noticed in the list of ticked exemptions was "bonus' payments. I un-ticked this and all the other categories that were ticked. I then did a test pay run and now SGC is correctly being calculated on Gross Wages when a Bonus amount is included. I suspect this issue might have occured during the migration to AccountRight 2020. Cheers, Steve
4 years ago Place AccountRight: Payroll
1.9KViews
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Re: Base Salary vs Gross wages
Firstly, if I go to my existing Superannuation Guarantee category, the exempt button is grayed out. Your comment in your second paragraph seems to contradict what you've said in the first paragraph. Steve
4 years ago Place AccountRight: Payroll
1.9KViews
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3Comments
Re: Base Salary vs Gross wages
Thanks for the explanation. Whereabouts do I define the payroll categories that form part of "Gross Wages"? Normally I'm calculating SGC on the employee's base salary but there are occasions where a bonus is paid and obviously this needs to be factored into the SGC calculation. Cheers, Steve
4 years ago Place AccountRight: Payroll
1.9KViews
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5Comments
Base Salary vs Gross wages
With AccountRight Payroll, what is the difference between Base Salary & Gross Wages? Under Payroll Categories, "Base Wages" is listed as a wages payroll category but "Gross Wages" isn't. Both "Base Wages" and "Gross Wages" can be used as a calculation basis for Superannuation Guarantee.
Solved
4 years ago Place AccountRight: Payroll
2.1KViews
0likes
7Comments