Money received from customers need to be applied against open invoices.…Money can be received from customers in full or partial payments.…Payments can be deposited into the bank…account, such as Carol's NAB check account.…An alternative is to group the customer payments by selecting an…option to post all the customer receipts into the undeposited funds account.…It's a bit…like a clearing account or a…holding account through the receive payments window.…At any time in NYB account write, it is able to…show what is owed by the customers using the recievables analysis function.…
On the Action Panel, or by viewing…the Aged Receivables report from the reporting area.…Do not use Receive Money in the banking…commands centre, to record money received from a debtor,…because this will not allocate the receipt against the individual debtor's account.…This will cause your debtor's account to be out of balance.…Let's now go and view how much our customers owe.…
- 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
Q: Where can I download MYOB software? The link shown in "Installing MYOB onto a Windows or Mac computer" has expired.
A: As of 2/18/2014, you can download the software from http://partners.myob.com/
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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