MYOB Tip – Cheque No. Or ID# Field.

When using MYOB, to add further information to the data entry process I suggest my clients use the following abbreviations in the Cheque No. Or ID# Field.

Cheque No. – if you are using cheques, use the appropriate number, this overrides
all other suggestions.
BS – an entry sourced from the bank statement
VISA – a VISA payment
MCARD – a VISA payment
CASH – a CASH payment or receipt
EFT – an Electronic Funds Transfer
TT – Telegraphic Transfer
PAY – Payroll
ADJ – Adjustments
TRFR – Transfer

I would be interested to hear if you have any other suggestions.