The preferences listed in the Banking view of the Preferences window offer a variety of options that relate to checks and deposits.
Make a Contact Log Entry for Every Check
Mark this preference if you want to create a contact log entry for every check that you record. (Creating business contacts and To automatically create business contacts)
Make a Contact Log Entry for Every Deposit
Mark this preference if you want to create a contact log entry for every deposit that you record. (Creating business contacts and To automatically create business contacts)
Default Check is Already Printed
If you mark this selection, the Already Printed selection in the Write Checks, Pay Employees and Settle Returns & Credits windows will be automatically marked each time you write a check. This results in the check not appearing on the list of checks to be printed. Setting this default is useful if you generally handwrite your checks and only record them in MYOB AccountEdge.
If you print your checks from MYOB AccountEdge, you should leave this selection unmarked. (To print checks)
Display Payee, Rather Than Memo, in Registers
This selection determines whether the Payee name or the memo information from the Write Checks, Pay Employees and Settle Returns & Credits windows will appear in the Find Transactions window (Memo column), Transaction Journal (next to the date of the transaction) and Bank Register (Payee column), as well as several related reports.
If you mark this selection, the name that appears in the Payee field of the source window will appear. If you don't mark this selection, the text that appears in the Memo field source window will appear instead.
If there is no entry in the Payee field of the source window, the Memo will appear regardless of whether or not this selection is marked.
Warn for Duplicate Check Numbers
If you mark this selection, an alert message will appear when you attempt to record a check with a number that's already been used in the bank account you're using. This allows you to cancel the transaction and change the number or to continue with the duplicate number.
If you don't mark this selection, you will not receive the alert message and the same check number will be used.
When I Receive Money, I Prefer to Group It With Other Undeposited Funds
You have the choice of recording cash receipts transactions directly into an account or of grouping cash receipts transactions into the undeposited funds account.
This selection is automatically marked; unmark it if you don't want the Group with Undeposited Funds option to be chosen at the beginning of each session. (Group with undeposited funds)