Banking

Deposit to Account or Group with Electronic Payments


Note:  You must subscribe to MYOB Vendor Payments to make electronic Vendor payments directly from AccountEdge

The Spend Money window gives you the choice of recording Spend Money transactions directly into an account or grouping Spend Money transactions into the linked account for electronic payments.

When you record a Spend Money transaction directly into an account, an individual cash-disbursement transaction is recorded in the account for the transaction. The Pay From Account list in the Spend Money window displays all the checking accounts you've set up.

When you choose to group a Spend Money transaction with other electronic payments, an individual cash-disbursement transaction is recorded in the linked electronic payments account -- not directly to your checking or credit card accounts. After you've grouped all of the Spend Money transactions you wish, you can then make an electronic payment that will include the group of Spend Money transactions you've selected.

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