Forum Discussion

Swampy-66's avatar
Swampy-66
Experienced Cover User
26 days ago

Credit Card short Paid

Hi I had a Amex card payment that was short $10 from my bank transfer in MYOB. I don't allow anybody suppliers or banks to take money direct from Business accounts, so the $10 was taken from my personal funds where the money was waiting for Amex payment

 

In MYOB from Amex Feed, I have a transaction unreconciled for $26.677.43

I transferred in MYOB from my Stgeorge account to Amex account $26,667.43

 

as the transaction is short $10 and this amount was paid from my personal bank account where the $26,667.43 was sent to or payment

 

What's the best way to record in MYOB so the amounts balance and i can reconcile the Amex bank feed and somehow work out where to obtain the extra $10 that was funded by myself.

  • Genreve_S's avatar
    Genreve_S
    MYOB Moderator
    25 days ago

    Hi Swampy-66, 

     

    I understand that the $10 part payment needs to be accounted for. Generally, payments should be recorded the same way it happened in real life. It would be best to record the payment in two parts, one transaction should be recorded directly from the AMEX, and the other $10 should be recorded in your account and later transferred. This will ensure the data's integrity. 

     

    Let us know if you need any further help.

     

    Thanks,
    Genreve