This type is available only if you're creating a liability account. Choose this selection if you intend to assign transactions to the account you're creating, and you want the account to reflect charges and payments made on a credit card. If this selection is marked for an existing account, the account has already been designated as a detail credit card account.
Accounts with credit card privileges appear in lists in transaction windows throughout the system.
Each detail credit card account is assigned to the header account that appears directly above it in the list on the left side of the Accounts List window. Detail credit card accounts appear in plain type, and header accounts appear in bold type.
Transaction amounts can be assigned (posted) to detail accounts; that is, when you enter a transaction in MYOB AccountEdge, you can enter the detail credit card account. The amount of the transaction will then be included in the balance of the detail credit card account.
Detail accounts can be Level 2, Level 3 or Level 4.
Once you've selected the account type, enter a number and name for your new account, along with its opening balance.
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