Transactions
A transaction is an entry that changes the balance of accounts. Your MYOB software creates transactions when you record such entries as sales invoices, purchase orders, and inventory adjustments.You can change, delete, or reverse transactions—depending on how your preferences are set up.If you have transactions that need to be entered periodically, you can set up recurring transaction templates. You can use these recurring templates to store details of transactions you record regularly and to set up reminders to record them. You can also set up your MYOB software to record recurring transactions automatically on their due date.