- Prior to exporting, generate the Bank Deposit Report and ensure receipt details are correct with correct Payment Methods
- Be very careful when exporting from DCM to Xero and ensure you double check your data is correct prior to export. Xero does not offer a backup facility; therefore, DCM Support will not be able to help you with a restoration of data from Xero if errors occur. Hence the reasoning to recommend MYOB as it can be backed up
- Do not export on a daily basis giving opportunity for transactions to be edited/amended if need be
The following table details the transactions exported and the accounts affected. Transaction IDs are exported and preceded with a Letter and colon (eg: I: for Invoice) to easily locate in the Accounting App
Transaction Type | Account Debited | Account Credited |
Prepayments (P:) | Asset - Bank (Prepare Bank Deposit) | Liability – Prepayments Received |
Invoices (I:) | Asset – Trade Debtors | Income – Sales |
Allocation of Prepayments | Liability – Prepayments Received | Asset – Trade Debtors |
Receipts (R:)
|
Asset - Bank (Prepare Bank Deposit) | Asset – Trade Debtors |
Deleted Invoices |
If an invoice that has been exported to MYOB and is later deleted in Direct CONTROL, this results in a second Invoice with the same ID being exported negating the first. |
|
Adjusted Invoices | If an invoice that has been exported to MYOB and is later adjusted in DCM, this results in:
|
- DCM does not export deleted/reversed receipts to the accounting software nor Write-offs or Refunds. These transactions need to be entered into both DCM and the Accounting Application
- Informed Financial Consents aka Estimates of Cost or Quotes are not exported