How billing works when MYOB AE holds the money

If your firm keeps its WIP, bills and debtors in MYOB Accountants Enterprise, BMS does not raise invoices of its own. Instead, Billing shows the firm’s money as MYOB AE has it:

• Unbilled shows unbilled WIP by age.
• Realization shows what was charged, written up, billed and written off.
• Receivables shows debtors by age.
• Bank Matching lines up payments from your bank statement with MYOB AE’s open invoices.

Invoices, in a firm whose money lives in MYOB AE.

Every figure carries a MYOB AE pill with the time it was read. Time your team enters in BMS is still time, but it only becomes WIP once it reaches MYOB AE.

Tip

An Admin sets this in Settings > MYOB AE, under Practice System.