Setup: Recurring transactions in MYOB Essentials
Good morning Could you kindly advise if the following items are possible in LiveAccounts - or can be added to the development list? - Can we have recurring transactions for sales, bills, spend money & receive money Thank you Heidi107KViews468likes226CommentsBanking: Allocating multiple bank transfers to the one payroll transaction
Hi there, I recently experienced an issue where my payroll was entered correctly, but the payroll officer made erroneous take home bank transfers to the staff. As soon as she realised her mistake, she made a second transaction to those staff members that were underpaid to ensure that they received the correct take home amount. So, everything is correct - it's just that some staff were paid for one pay week in two transactions. Unfortunately, the MYOB live Accounts does not allow you to allocate multiple bank transfers to the one payroll transaction. I thought there must be a way, so I went onto online support to see if they could help. As it turns out there is no way and the recommendation was to redo 2 payrolls to precisely match the two net amounts remitted. I believe that this is a very poor solution. The integrity of the payroll records should be maintained. The payroll record is absolutely correct. It records the hours worked, gross, tax, super and take home pay. It's just that the take home pay was paid in 2 transactions. I should not have to fabricate 2 payroll runs to match the two bank transfers. I strongly believe that the accounting software should allow the allocation of multiple bank transfers to the one payroll transaction. The software already allows for employees to receive pay "split" into seperate amounts within the Employee Pay setup section - but this is not the same scenario. Additionally, some staff were overpaid. In order to adjust for this, the payroll officer paid a lesser amount (by the amount of the overpayment from the previous week) in the following weeks pay to those overpaid staff members. In this event, we have 2 payroll runs and two payments. The individual transactions for the two weeks do not match, but they do reconcile precisely to the right payment having been remitted. I think basically what needs to be able to happen is that any payment should be able to be allocated to any outstanding payroll transactions (or part there of). Would be interested to hear developer thoughts on this. "Allocating multiple bank transfers to the one payroll transaction"42KViews197likes81CommentsBank rules: Turn off auto allocation
Hi, Just wondering if there is a way to turn off the auto allocation in LiveAccounts as I find it is constantly matching wrong payments to the wrong customer or supplier invoice. Twice I have thought that a bill had been paid as it was cleared out of the system only to receive an overdue notice from the supplier and when I go through and check it has in fact been auto reconciled by LiveAccounts with another incorrect payment "LiveAccounts - Turn off Auto Allocation"34KViews38likes57CommentsSetup: Add a budget
Hi Feedback from our clients tells us that many clients would like a simple budgeting feature. One suggestion was to enter in either a monthly, quarterly or yearly budgeted figure for each account and then areport to print at intervals to see how the actual expenses are comparing. "Budgeting"25KViews66likes34CommentsSetup: BAS Preparation
Hi there At the moment MyobLive doesn't seem to have much automated functionalityfor BAS. Given that the system already calcuates the BAS it seems really odd that the user has to manually create a spend journal or a reversal to allocate GST Paid, Collected, PAYG instalment etc, and also fill in the ATO forms. Surely this could all be automated, afterall it's the most confusing thing for small business and the one where MYOB already does much of the heavy lifting (in my case, the main reason for using the package in the first place). Df "BAS Preparation"19KViews101likes40CommentsSetup: Prepare Bank deposit feature
For more than seven years I used I used the desktop version of MYOB. It has the VERY USEFUL "Prepare Bank Deposit". I was convinced to use MYOB Essentials as it would allow me to get invoicing done quicker but with the current TAKE PAYMENTS issue and the lack of the Prepare Bank Deposit, I'm considering going BACK to the OLD FASHIONED way. PLEASE FIX THIS or else I'm going to have to pay my bookkeeper again to do the Historical Balancing when converting FROM the cloud based system BACK to the Old Fashioned way. If you ask me, you shouldn't have ever taken out the most useful function in transfering money from one account to another. I know I can do it using Journal Entries but really.... every time I do it, I have to refer to previous entries so I know what column to put each enty in (CR/DR) "prepare bank deposit"16KViews36likes23CommentsBank transactions: Transfer - Auto-populate manually create transfer transaction
If I transfer money from one account to another and it comes up in a bank feed, When I press the option to allocate it to a transfer between accounts, and then manually create an entry, i wish the amount would be pre-entered into the form. I always have to go back, look at the amount, write it down and then go to manually enter the transfer again. Massive pain. "Record a transfer between accounts"14KViews50likes16CommentsBank feeds: American Express (AMEX ) issued cards
Currently Bank Feeds are not available for American Express Cards issued by American Express. Please get this link happening ASAP. Also for ING Direct bank accounts. "Bank Feed - American Express Corporate Card issued by AMEX not Bank"12KViews23likes16CommentsAccounts list: Delete accounts
I was working with a client again setting up there chart of accounts To have to scroll to the top of the page to press the delete button is clunky, time consuming and not intuitive I would like to strongly sugesst that we can delete from the edit window which can be accessed by double clicking If others agree, please vote for this suggestions to get MYOB moving to improve the system even more! Thanks "Deleting Chart of Accounts lines with ease :-) - complaint and constructive suggestion!"12KViews12likes14Comments