Report: On banking transactions by contacts
I have come from using a different version of MYOB where you could view transactions by supplier or customer no matter which way you entered them in. I was really shocked to find out that you can't do this with Live Accounts. As I enter the majority of my sales in via "Banking, receive money" I cannot use the "Sales By Customer" Report as this will only bring up transactions that you have entered via "Invoices, Create Invoice". It would be so beneficial to be able to be able to use this report for the sales that you have entered in via "Banking, Receive Money" as well. Also the same for when you enter expenses via "Banking, spend money". You cannot use the "Expenses By Supplier" Report as it only brings up transactions that you have entered via "Expenses, Enter expense". When you have alot of expenses and sales to enter in, it is too time consuming to enter them all in via the methods above that will allow you to run a report on them. "Generate report for Customer sales & Purchases"
Banking: 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"
Bank transactions: Split payments for negative values
Our main source of income is PayPal. We earn money through an online service, and withdraw from PayPal to our bank account once a week. However, since PayPal takes their fees as the money is paid from the customer, the amount we see in our bank account is only half of the story. It represents the total income, less the paypal fees. Here's an example: Say we receive $1000 into our account.I need to be able to split the transaction like this: 110% = $1100 = Revenue -10% = -$100 = PayPal Fees Currently, the transaction splitting system doesn't allow for this and we have to use journalling. "PayPal transaction splitting"Spend money: Creation of new account
Can there be the ability to create new accounts while inside a spend/receive money or general journal transaction? This request was made by usename 71burger in Nov 2011. Status 'to be fixed soon'. http://community.myob.com/t5/LiveAccounts-Idea-Exchange/Live-Accounts-Suggestions/idi-p/75481 "Add new accounts within transaction'
Setup: 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"
Receive money: Selection of account based on name or number
I have had numberous bookkeepers and business owners (used to being able to choose or enter an account code) complain that can be extremely slow if the expenditure being allocated is not in the usual expense code's first drop down list. You have to scroll down click more then scroll down further. This can be very time consuming if doing more than a couple of allocations If you knew the account code...or a word from the account name...you should be able to enter these and narrow down the drop-down list or even better get the actual account to enter. "choosing an account via drop downlist is extremely time consuming can we have it prefill from account code or name?"
