How to enter a Bank account transfer

Created by Erik Åkerlund, Modified on Wed, 07 Feb 2024 at 11:53 AM by Maria Appelquist

A Bank account transfer is entered when cash has been or should be moved from one bank account to another within the group or between different bank account within the same legal entity. A bank account transfer are also used when entering a income or expense between Treasury - Subsidiary.

  1. Enter the Legal entity and the Counterparty. This field is mandatory and could be the same company, if e.g. funds are transfered from/to different bank accounts within the same company.  
  2. Select pay or receive are the Legal entity paying or receiving funds? Type: pay/receive also decides the sign on the amount, (Pay: negativ amount, Receive: positiv amount). Two cash flow amounts are created. If type: pay, the from accounts amount is negativ and the to account amount is positiv. 
  3. Note, the transfer amount from bank account and to bank account can only be in the same currency
  4. When selecting bank account from click on the listbox arrow to get more details. Outstanding bank account balance are show in the lower part of the deal entry.

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