Banking

To group payments for an electronic payments transaction

Note:  If you want to record electronic payroll transactions, see Electronic employee payments are created using the Process Payroll Assistant

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

1. Set up your company's and your employees' bank information. (To enter bank information for electronic payments)



2. Select the account you wish to use as the linked account for electronic payments. (To choose a linked account for electronic payments)



3. Mark the Group with Electronic Payments option at the top of one the following windows:

Spend Money window
Pay Bills window

4. Choose the card associated with the person or company being paid.

(An employee or supplier card must be entered in the transaction window in order to create an electronic transaction; only employee or supplier cards can be used.)

5. Make other entries as you normally do.



6. Click Record. When you're ready to send your electronic payment, use the Prepare Electronic Payment window to do so. (To record and send an electronic payment)

Related topics

• Creating electronic payments transactions
• To apply for an MYOB Vendor Payments/Direct Deposit account
• To enter setup information for MYOB Vendor Payments/Direct Deposit
• To enter bank information for electronic payments
• To choose a linked account for electronic payments
• To pay employees electronically