can you please add the option to add an invoice when entering a journal entry. I just entered a journal entry for a large purchases which was financed but am unable to add the invoice so that the acc...
Journal Entry: Attach document
RHoran
Partner
Hi,
We often enter journal entries for purchase of new equipment when it is financed. I don't think you can attach documents (such as tax invoices and finance docs) to journals in MYOB - unlike other software. Can you add this feature. It saves bookkeepers having to store documents in several locations.
I add files in other softwares for bank statements and loans so the Tax Accountant can get the information from the client's software.
Rosemarie
AlanT
4 years agoUltimate Partner
Hi RHoran
I agree that it should be possible to attach documents to any transaction.
However, in the ean time, what I do is I raise a purchase bill for these items and attach the purchase document to the bill.
If the item is being financed (se with a chattel mortgage) I create a new liability account for the mortgage (I also set it to be a Credit Card type account).
Then wen the finance company pays for the asset, I enter this as a payment for the bill from this loan account. When payments are made to the loan, I treat these as Funds Transferred between accounts.
Hope this helps,
AlanT
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