How to move cash to bank (internal transfers)?

  • type
      functional
  • apps
      Accouting
  • info created for version
      14.0
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  1. Receive money in your cash journal via a POS sale.
  2. Send money from your cash journal to your bank journal via internal transfers.
  3. Actually, take out the money from your cash journal and reconcile this statement line with the internal transfer.
  4. After the money is deposited at your bank, you will have to register an incoming bank statement line for the amount.
  5. Also, receive this money in your bank journal via internal transfers and reconcile.
  6. The internal transfer account is balanced after this process (although not with reconciled journal entries).