Recording a transfer between bank accounts

Before starting

The Transfer between Bank Accounts page allows you to enter transfer operations between your different bank accounts in the accounting. This page is accessible as soon as you have entered several accounts.

This functionality does not allow you to manage cash deposits and withdrawals. You can look at this article if you'd like to learn more about this feature.

Record a transfer between accounts

Go to Accounting > Book Entry> Internal Transfer to transfer funds between your accounts. If you do not see this tab, it means that you have only one account declared in the accounting tool. You can go to the Accounting settings section to fill in a new one.

You will then be taken to the page allowing you to transfer funds between your accounts.

From this page, you have to fill in the following information:

• Date: the date on which the transfer was made
• Amount: The amount of the transfer
• Transfer from - to: the account that was debited and the account that was credited
• Comments (Optional)
• Proof of Transfer: You can upload the document proving your transfer to keep track of it and add a note related to this transfer
• Click on Save, and that's it. An entry has been made, one of your accounts has been debited, and the other has been credited

The software will then make an entry for you by crediting one bank account and debiting another.

Keep track of past transfers

Following the entry you have recorded, you can easily find the transfer entries that have been made. Go to Accounting > Search, then search in the "Type" selector for the value "Transfer between accounts."