Join Elizabeth Haverfield for an in-depth discussion in this video Using recurring transactions for merchant fees, part of MYOB AccountRight Essential Training.
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We can now use the recurring transaction to enter February's merchant fees.…So return back to Spend Money.…And down in the bottom left, use the recurring transaction.…We have two entries in our list now.…So select NAB Merchant Fees.…Our check number automatically appears as DD.…Our date does need to be the 1st of…February and all the other details are all correct.…So simply go down to Record and save the entry.…
A message appears saying you've already used check number DD.…Click onto the OK button because that's acceptable.…It's not a number, it's an abbreviation.…You've now used the recurring entry for merchant…bank fees so cancel back to the Command Center.…
- 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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