Recurring Transactions: Pay Bills
When processing an invoice for say, insurance premiums, I post the full amount in the creditors ledger, ensuring GST is claimed in full at the beginning of the period and wish to make regular monthly installments via bank direct debits. This also allows for a proper audit trail of transactions to be checked against the insurer and monitors how much is still owing. Normally with MYOB if you wish to save a "spend money" transaction as a recurring item, it is a simple process offering a number of features which can be adjusted later if required. (Edit schedule etc). However, with MYOB, there is no facility to allow for each monthly instalment to be saved as a recurring transaction if you are regularly paying off creditors' bills. I find this rather odd as I am sure there are many users who are confronted with this same restriction every day. If monthly instalments are entered as 'recurring spend money" items and totally bypass the creditors ledger, one will never be easily aware of how much is still to be paid compared to enterring the full invoice value at the beginning of the period. I believe this suggestion really follows the K.I.S.S. principle. Thanks for your consideration. Greg "Enable Regular Creditor Payments To Be Saved As Recurring Transactions - E.G. Insurance Premiums."4.8KViews10likes2CommentsSuggeston: Please show supplier invoice number on Pay Bills and Apply Credit pages
On the "Pay Bills" page, the columns are Purchase No., Status, Date, Amount, Discount, Owed and Applied. The same columns appear on the "Settle Returns & Debits" page. Of these columns I almost always ignore the Purcase No. and Discount, but I always need to know the supplier invoice number when I'm paying a bill or applying a credit. Please add the "Supplier Invoice No." column to both these pages. If something needs to be sacrificed to make it fit in, I think the "Discount" column is least necessary, followed (in my experience) by "Purchase No." When there are multiple open invoices on the same date and for the same amount, without having the "Supplier Invoice No." it's impossible to tell them apart unless you know the purchase number (which I don't use) and I have to click on the purchase, and then it opens another window (which also dosn't show the supplier invoice number) and then I need to open the purchase again from that window to finally check which supplier invoice this one is for. I would really really appreciate an update to this. Thank you!Solved