About Laybys

The ability to create laybys is primarily used in a retail environment, and in MYOB Exo Business laybys have been designed to work in conjunction with using the MYOB Exo POS. However, layby functionality is still included in MYOB Exo Finance, although it is not as seamless as using it with MYOB Exo POS.

Before you can use laybys, you need to set up a Layby lookup stock item, to which any deposits and payments are posted until payment of the layby is complete, and the layby sales order is invoiced and allocated.

For more information about how laybys work in the MYOB Exo POS, refer to the POS user guide.

Layby Profile Settings

The following Company-level profile settings in the Configuration Assistant affect the behaviour of deposits for laybys:

Allow deposits in sales orders and general ledger - Select to enable Deposits in sales orders and the General Ledger.

Enable POS laybys - Enables or disables Layby features in POS. Layby's utilises Sales Order functionality. Requires that Deposits are enabled (core profile setting) and also that Extended Sales order statuses are enabled in Sales Orders.

Minimum Layby Deposit Percentage - Set this profile to the default percentage of deposit for a layby. When initially creating a layby this will automatically prime the To Pay total to be this percentage of the total layby value. To enforce this as a minimum percentage also set profile Enforce Minimum Deposit.