Period-end tasks

To enter an uncleared deposit

The Receive Money window should be displayed.

1. In the Deposit to Account field, enter or select the account you want to reconcile.



2. In the Date field, enter the first day of your conversion month -- not the actual date of the check. (To learn your conversion month, select Company Information from the Setup menu.)



3. Enter the amount of the uncleared deposit that was recorded before you started using MYOB AccountEdge.



4. Enter a memo, if you wish.



5. In the Acct # field, enter or select the account you want to reconcile. Enter the same account you entered in step 1.

Note:  When you enter the same account number in both fields, the account balance is not changed. The account is debited and credited with the same amount; the amount you entered for your opening balance remains the same. The uncleared deposit will be displayed as both a deposit and a withdrawal when performing the initial bank reconciliation.

6. Enter the amount of the deposit.



7. Click the Record button.

Related topics

• Reconciling a bank account for the first time using MYOB AccountEdge
• To perform the initial account reconciliation