- Vanessa_WuCover User
I support this idea! Hope MYOB team can implement this soon! :cathappy:
- melsladeContributing Cover User
Bank feed would be a great feature if you implement this idea. Please make it happen!! The sooner the better
- Steven_MFormer Staff
Hi Vanessa_Wu
Thank you for your feedback in regards to this idea.
Along with commenting on an idea in the AccountRight Idea Exchange you can vote. To vote for an idea select the + VOTE button to the left of the idea's name. - BolverkCover User
Our salary payments are completed by an external bookkeeper and come out of the bank account as one grouped transaction. It would be very helpful to be able to assign the five payments to the one bank feed line.
- Steven_MFormer Staff
Hi Everyone
Thank you for your ideas in regards to AccountRight and bank feeds.
I've merged some ideas that have been on the AccountRight Idea Exchange with this original idea on the topic.
- AFGPartner
How on earth is this still just 'under consideration' almost 3 years after this glaring omission on behalf of the developers was identified??
Let's ignore the fact that your direct competitor has had this functionality for almost as long as this request has been outstanding, and let's focus on the fact that our Account Manager keeps beating down our door to ask why we aren't moving more of our Clients over to using Live Services - THIS IS EXACTLY WHY!!
This is one of the most basic of functions that has been identified as being required by those game enough to test the waters of Bank Feeds and have found it sadly lacking. We ourselves have need for this on a daily basis - whether it be Clients who pay multiple invoices in the one payment, or bulk payment services such as EFTPOS or BPAY Settlements which group all of the day's transactions together on one line.
We have a perfect workflow for getting these added automatically & without user input into our Time & Billing Application (another MYOB Product as it happens), and then this process completely falls over when it comes time to match these with the single line Bank Statement Entry that we have absolutely no flexibility on.
What astounds me is that you are already 95% of the way there - the screen pops up with the last of possible matches when you go to 'Find Transaction' - all that we need is the ability to select more than one... I don't really care if that is through checkboxes, Ctrl/Shift Click or what - it just needs to make it happen. Having 'the most reliable and accurate bank feeds in the world' doesn't count for quids if the User Experience when trying to match those Bank Feeds causes more frustration than the time it saves.
Fingers crossed we won't have to wait until the 3 Year Anniversary of this request for some actual functionality rather than just status updates... :/
- David_CreeUltimate Partner
Hello AFG
the solution to your issue is already available in MYOB, by using the Prepare Bank Deposits and the Prepare Electronic Payments functions. See these MYOB Support Notes.
http://help.myob.com/wiki/display/ar/Preparing+a+bank+deposit
http://help.myob.com/wiki/display/ar/Electronic+payments
The Prepare Bank Deposit function can be used also for Credit Card Payments and the Electronic Payments for Multiple BPayments bu putting a dummy BSB and A/C # on the Supplier card. You do not have to send the ABA file to the Bank just prepare the bank file as you would for an ABA transaction. In this way you will see a single MYOB transaction that can then be matched to the Bank Feed.
Cheers
David
- AFGPartner
Appreciate the reply David_Cree, however I am already more than aware of that workaround - unfortunately though it is a workaround, not a 'solution'. If you have to navigate away from the Bank Feeds page to perform additional steps in order to match a Bank Statement line right there in front of you, then the Bank Feed component is not truly the efficient time saver it is touted to be.
As I stated earlier that may not have been clear - everything else we do with AccountRight is performed automatically without User intervention (and therefore eliminating the risk of User Error...) through the AccountRight API - with the ultimate end goal of someone at a fairly low pay grade logging in & matching all automatically generated transactions on both sides via the Bank Feeds screen, so as to ensure everything is working as it should in the automated transfer from our MYOB Practice Solution.
If you or another User has found some way to generate these Bank Deposits automatically via the API then I would definitely be all ears - as neither our Team of Developers nor the MYOB Developer Community has been able to come up with a true 'solution' for this missing feature of matching multiple entries directly within the Bank Feeds screen other than perform the workaround of manually preparing a Bank Deposit in the front-end of a system that otherwise could be completely automated.
- lorraineaExperienced Partner
Is it possible to match multiple items to a bank feed transaction.
This is avaialbe in the Essentials when using match - all transactions search, but in AR Live it has to be an exact match.
Thanks
- DazedNConfusedExperienced Cover User
If you send the received money to group with undeposited funds, then perform a 'prepare bank deposit' you should be able to match multiple items. Did that make sense?
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