Banking Command Centre
This section shows you how to use the Banking Command Centre to record
miscellaneous cash payments and receipts. It also shows you how to prepare a bank deposit in
your MYOB software.
Finally, you learn how to use your MYOB software to prepare a bank reconciliation statement.
The topics covered in this section are summarised in
the Key Topics list below. To view our step-by-step instructions
and screen illustrations of a particular topic, just click on that topic link now.
Key Topics
Businesses sometimes purchase items or need to make a payment for services to
suppliers that the business does not deal with regularly. In such cases,
the business may record the miscellaneous cash payment without having
set up a card for that payee.
This topic explains where and how to record a miscellaneous cash payment into your MYOB software.
Besides collecting receipts from customers, businesses sometimes receive
miscellaneous cash receipts from parties such as loan providers,
from suppliers for cash refunds and from the owners of the business
for further capital investment.
This topic explains where and how to record a miscellaneous cash receipt into your MYOB software.
For all cash receipts entered into your MYOB software, you must also record that the receipt
has been deposited in the bank. Read this topic to find out
how you can combine multiple cash receipts into one or more bank deposits.
Preparing a bank reconciliation statement on a periodic basis is an important
control procedure. This topic explains where and how a bank reconciliation
is prepared in your MYOB software.
Looking for something?
If you are looking for instructions on how to record
cash receipts from sales or from the collection of accounts receivable,
review the following topics in the Sales section of this Learning Centre:
For instructions on how to record cash payments to suppliers of inventory or for the settlement of
accounts payable, review the following topics in the Purchases section of
this Learning Centre:
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