Select the accounts to track customer receipts
When receiving payments from customers, MYOB Accounting Plus makes it easy for your to add the payment directly to your chebank account or to add it to an undeposited funds account where it will be held until you're ready to make a deposit to your chebank account. Every time you receive a payment from a customer, you'll be able to select the option to Deposit to Account or the option to Group with Undeposited Funds.
In this window, you'll select the Account for Customer Receipts; this account will be linked to the Deposit to Account field in the Receive Payments and the Applied Payment Details windows. In this window, you'll also select the Account for Undeposited Funds; this account will be linked to the Group with Undeposited Funds field in the same two windows. Click below for more information to help you select these linked accounts: |