Account Transfer

Bank transfer and internal transfer

Account Transfer module allows performing transfers between bank accounts and internal transfers.

System automatically creates journal entries for both sides of transfer transaction.

Transfer
Bank Transfer
Internal Transfer
Fund Movement

Key Features

Key points

  • Transfer between bank accounts

  • Internal transfer between journals

  • Automatically create matching journal entries

  • Support currency conversion

  • Track transfer status


Transfer Process

Steps

  • 1. Go to Accounting → Dashboard

  • 2. Select source account

  • 3. Click Internal Transfer

  • 4. Select destination account

  • 5. Enter amount

  • 6. Confirm transfer


Best Practices

Key points

  • Use for moving funds between banks

  • Check exchange rate for currency conversion

  • Reconcile both sides of transfer

  • Use memo to note purpose