Transfer money between Office Banks

If you have more than one office bank you may need to transfer money from one bank to another.

You can use a sundries/suspense/bank transfer account if you have one. If you want to add a new nominal for bank transfers, our guide Managing Nominal Ledgers > will show you how.

With the appropriate Nominal Ledger selected,

Should you leave either the SAC, Branch or Dept set to all you will not see the posting options

Select posting type Payment

Enter the details of the transfer, selecting the bank FROM which you want to take the money. Click Post.

Now, select the posting type Receipt, and click Post.

Enter the details of the transfer, selecting the bank TO which you want to send the money. Click Post.

Your nominal balance should not have changed, as we have a +/-

Whilst on the banks, we have a payment from Office Bank 1

And a receipt to Office Bank 2

Related Guides

• Managing Nominal Ledgers
• Transfer money between Client Banks