Difference between revisions of "Recording bank deposits in MYOB AccountRight 19"

Recording bank deposits in MYOB AccountRight 19 (view source)

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 == Overview ==
-In order to create the direct debits ABA file, the customer payments must be grouped into a single bank deposit transaction. This transaction is used as the grouping mechanism to identify the individual payments that must be debited and ensures that the accounting in MYOB matches your bank statement. Each direct debit ''run'' will be represented by a single bank deposit.
+In order to recording the accounting numbers correctly for direct debits, the customer payments must be grouped into a single bank deposit transaction. This transaction is used as the grouping mechanism to ensure that the accounting in MYOB matches your bank statement. Each direct debit ''run'' should be represented by a single bank deposit.
 Prior to creating the bank deposit transaction, you must have recorded customer payments into MYOB against the undeposited funds account. For more information see, [[Recording customer payments using DirectDebitsLink]].