Transfers & Banking

What you can do here

• Record transfers between accounts.
• Track banking activity in accounting records.
• Maintain clear cash flow movement logs.

Before you start

• Core Accounting access is required.
• Set up bank and cash accounts in the chart of accounts.
• Confirm transfer approval policies.

Step-by-step

1. Open Transfers and create a new transfer.
2. Select source and destination accounts.
3. Add amount and reference notes.
4. Save and review the transaction in reports.

Tips & Common mistakes

• Use clear references to link transfers to bank statements.
• Review transfer entries during reconciliation.
• Coordinate transfers with cash flow planning.

FAQ

Next steps