Join Elizabeth Haverfield for an in-depth discussion in this video Recording full customer payments, part of MYOB AccountRight Essential Training.
The Received Payments function is used to apply…a customer's payment against an open sales invoice.…When receiving customer payments, we're going to…deposit the amount into the NAB check account.…Horace Lawyers has now paid Carol $550 of the money that…he is owed, so let's record this payment against he appropriate invoice.…From the Sales Command Center, let's click on To Receive Payments.…Ensure that the Deposit To Account is the NAB check account.…
By commencing typing Horace Lawyers, it populates the card name.…Use the Tab button to display all the fields.…We need to now click into the Amount Received and type $550.…They've paid their invoice in full.…The payment method is going to be the Visa card.…So, let's nominate the Visa.…In the Details tab, this is where you can record the Visa card information but you…do need to check on legislation as to…whether you are allowed to retain that information.…
Let's click onto the OK button.…We need to set the date to be the 29th…of January as that's the date that we received the payment.…
- Creating a company file
- Setting up tax codes
- Adding accounts
- Creating customer and supplier cards
- Performing a bank reconciliation
- Recording transactions
- Invoicing a customer
- Processing payments
- Entering and paying bills
- Recording cash sales
- Reconciling check accounts
Skill Level Beginner
1. Getting Started with MYOB
2. Working with the Accounts List
3. Adding Cards
4. Entering Historical Balances
5. Performing an Initial Bank Reconciliation
6. Backing Up and Restoring a Company Data File
7. Spending Money from the Cheque Account
8. Invoicing a Service Customer
9. Recording Customer Payments
10. Entering and Paying Bills
11. Receipting Cash Sales
12. Reconciling the Cheque Account
Next steps1m 56s
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