Page Comparison - Set up your payment details (v.11 vs v.12) - MYOB Business

HTML Wrap

class	section group

HTML
<span data-swiftype-index="true">

HTML Wrap

class	col span_3_of_5

You can choose When looking at your sales settings (click your business name and choose Sales settings), click the Payments tab to set up your:

Default payment terms—this is where you choose how long your customers have to pay you

in your sales settings

. This setting determines the due date displayed on your invoices, but you can change this date when you create the invoice.

You can also set up your

Invoice payment options—this is where you choose which payment options you allow, and any applicable banking details. Your chosen payment options will appear on your invoices, quotes and

statements making

statements—making it easy for

your

customers to pay you.

If you're in Australia, you can also set up and manage online invoice payments which allow customers to pay you straight from their emailed invoices.

Image Added

UI Expand

title	To set Set up your default payment terms

Click your business name then choose Sales settings to open the Sales settings page.
Click the Payments tab.
Set your Default payment terms.
- In the Payment is field, choose your terms.
- In the next field, enter the number of days or choose an option (based on your choice in the Payment is field).
When you're done, click Save.

UI Expand

title	To set Set up your invoice payment options

To set up your invoice payment options

Click your business name then choose Sales settings to open the Sales settings page.
Click the Payments tab.
Choose your accepted payment options as described below.
When you're done, click Save.

Online invoice payments (Australia only)

Online payments allow your clients to pay you faster, straight from their emailed invoices.

In the Invoice payment options section of the Payments tab, you can set up or edit the online invoice payments for your business.

Image Removed

Once you're set up, choose the Account for receiving online payments. This is the MYOB account that matches the actual bank account the payments will go to. If you need to change the actual bank account your payments go to, click Edit preferences and follow the prompts. For more details, see Editing your business bank details.

Printed payment options

Choose the payment options that'll appear at the bottom of your printed invoices.

If you select Allow payments by direct deposit, enter the details of the bank account you want customers to make payments into.
If you select Allow payments by mail, your business address (as entered on the Business details page) will display on your invoices.

Image Removed

This is what the payment options will look like on your invoices:

Image Removed

Direct deposit

If you'd like to allow customers to pay into your bank account via electronic funds transfer (EFT), select the option Allow payments by direct deposit, then enter your bank account details.

Here's what those details will look like at the bottom of your customers' invoices:

Image Added

Mail

If you want to allow customers to pay their invoices by posting cheques, select the option Accept payments by mail. Your business name and address (taken from your Business settings) will be shown at the bottom of your invoices.

Image Added