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If you don’t have bank feeds set up, and you don’t import your bank statements, you can enter the payments you make and receive manually.

If you use bank feeds or if you import your transactions, you won’t usually need to enter these transactions manually. Instead, they will appear automatically in your bank feed or statement, where you can allocate them to an account or match them to an existing transaction.

You can enter the following types of bank transactions:

  • Spend money — Record the money you spend (that’s not a payment for a bill entered in MYOB Essentials). See Spend money.
  • Receive money — Record the money you receive (that’s not a payment for an invoice entered in MYOB Essentials). See Receive money.
  • Transfer between bank accounts — Record transfers of funds between your bank accounts. See Record a transfer between accounts.