- Created by Anonymous, last modified by AdrianC on May 14, 2015
You are viewing an old version of this page. View the current version.
Compare with Current View Page History
« Previous Version 9 Next »
https://help.myob.com/wiki/x/6AB7
How satisfied are you with our online help?*
Just these help pages, not phone support or the product itself
Why did you give this rating?
Anything else you want to tell us about the help?
To approve your bank feed, you need to bring your bank transactions into AccountRight and approve the automatic matches. For any transactions that remain unmatched, you can either find a transaction you’ve previously entered in AccountRight, or create a new transaction in AccountRight.
Go to the Banking command centre and click Bank Feeds. The Bank Feeds window appears.
- In the Account field, select the account you want to receive feeds from.
- Click Get Bank Transactions. The Bank Statement column will refresh and display any new bank transactions that have occurred since your last update. Note that bank feeds are updated for all accounts. Any bank feed transaction that exactly matches a transaction already entered into AccountRight, or any transaction that has a transaction rule applied to it will be automatically matched.
To approve matched transactions - Review the matched transactions.
- If a transaction is matched correctly, click Approve. If all the matched transactions are correct, save time by clicking Approve All.
If a transaction has been matched incorrectly, you can undo the match. Click the unmatch icon (
). This undoes the match and the AccountRight transaction disappears from the right side of the Bank Feeds window.
Undoing a match does not delete the AccountRight transaction. You will also need to find another AccountRight transaction, or create a new transaction to match the bank feed transaction.
To approve unmatched transactions
If you’ve already entered the transaction into AccountRight:
In the Bank Feeds window, select an unmatched bank feed transaction and click Find. The Find a Matching Transaction window appears.
If the transaction you want doesn’t appear in this window, change the amount and date ranges and click Update to filter your search. Note that only unreconciled transactions appear.
Select a transaction. If the amount of the transaction does not exactly match the bank feed transaction amount, you’ll need to edit it. You can do this by clicking the zoom arrow next to it.
Click Match & approve. The Bank Feeds window reappears with the AccountRight transaction matched and approved to the bank feed transaction.
If you haven’t entered the transaction into AccountRight:
In the Bank Feeds window, select an unmatched bank feed transaction, click New and select the type of transaction you want to create. The relevant transaction window appears.
- Complete the transaction. As the aim is to create a matching transaction, some fields, such as Amount, Date and Memo, automatically contain information from the bank feed transaction and greyed-out fields, such as Pay from Account, cannot be edited.
- Click Record. The transaction is recorded and the Bank Feeds window reappears with the AccountRight transaction matched and approved to the bank feed transaction.
FAQs
If you receive multiple payments and then make a lump sum deposit, use the Prepare Bank Deposit feature to group receipts into a single deposit. This will then match what's shown in the bank feed.
Yes
No
Thanks for your feedback.