Identifying the undeposited funds bank account in MYOB AccountRight 19

MYOB Menu

MYOB Accounts and Banking Linked Accounts Screen

Overview

The customer payments will be recorded against your undeposited funds account. You must know which one to use otherwise you will not be able to prepare the bank deposit transaction in MYOB.

Identify the Undeposited Funds Bank Account

To identify your undeposited funds account, follow these steps.

1. Open your MYOB data file;
2. Using the menu, select Setup > Linked Accounts > Accounts & Banking Information;
3. Check and write down the account number selected in the Bank Accounts for Undeposited Funds field;
4. Close all dialogues and windows.

Related Topics

• Setting up MYOB AccountRight 19 to process direct debits
• Getting Started Guide
• How To Guides