Purpose
Use this procedure to transfer the bank balance from one bank account to another bank account.
Bank Funds Transfer
Menu Path
- Financial Management/Accounts Payable/General Operations/Bank Funds Transfer
Creating Bank Fund Transfer entry
Click New to create a new Bank fund transfer entry.
- Select the transaction date,
- Select From Bank and enter the amount to transfer
- Select the To Bank
- Enter the Description
- Click on Transfer, the entry will be posted and balance will be transferred to the Bank.
