When making bank rules (MYOB wants us to try and automate as much as we can) when items on the bank transactions screen are auto reconciled using these on the GST report these items just come up as the description of the bank rule rather than the description of what the bank has. Only the transactions that are manually reconciled are coming up with this (e.g. Below). As accountants we need to review what is in the GST report by checking they are correct by the bank narration.
As a work around we downloaded the GL transactions for this period however, we couldn’t see an option to remove any accounts not showing any movement (like other MYOB versions do). In saying this the GL transaction report doesn’t have a total column for the gross amount to check against the “amount column” gross in the example above. Nor the GST report does not have a column for net amount, one or other would be great.
"Essentials GL reporting"
