Managing Transactions

Managing transactions


 

Occasionally, you may need to locate and review a check, sale or other type of transaction you've entered in MYOB AccountEdge. AccountEdge provides search tools that make it easy to locate a transaction. You can simply look for transactions over a given date range or you can set up advanced searches.

Once you've found the transaction you need, you can use the zoom arrow to view it in detail in the window where you originally entered it. Here you can change the details of the transaction or delete it altogether.

Changing and deleting transactions can cause auditing and security questions, so many businesses prefer to reverse transactions instead. MYOB AccountEdge gives you the option of reversing transactions; this process keeps your audit trail complete.

You can set up recurring transactions

Because businesses can have many repetitive transactions that occur weekly, monthly or yearly, AccountEdge allows you to set up recurring transactions that you can reuse. For example, you might want to set up recurring journal entries to record monthly depreciation of your assets.

You can erase a transaction before you record it

Before you record any transaction, you can erase it in its entirety from the window. Even if your transactions are unchangeable transactions, you can erase them before recording. (Choosing changeable or unchangeable transactions)