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Spending and receiving money

If you haven't connected your bank accounts, you can manually enter the payments you make and receive. (Connecting your bank accounts and importing statements does all the hard work for you, saving you time and hassle).

You can manually enter the following types of bank transactions:

  • Spend money — Record the money you spend (that’s not a payment for a bill entered in MYOB). See Spend money.

  • Receive money — Record the money you receive (that’s not a payment for an invoice entered in MYOB). See Receive money.

  • Transfer between bank accounts — Record transfers of funds between your bank accounts. See Record a transfer between accounts.