Account Transfers

Record a transfer of funds from one account to another in the chart of accounts — such as withdrawing cash from the drawer into the bank, or a transfer between two branches.

Go to Accounts → Account Transfers and click Create:

Fields

• From Branch / To Branch: (required) supports transferring between accounts of two different branches, not necessarily the same one.
• From Account: (required) any "posting" account in the chart of accounts — not necessarily a cash account (it can be a customer, supplier, or expense account).
• To Account: (required).
• Amount: (required).
• Note: optional free text.
• Date: (required) defaults to today.

Notes

• The transfer creates a debit movement on "From Account" and a matching credit movement on "To Account", keeping the chart of accounts balanced.
• To move stock between two warehouses, use Stock Transfers instead of this page.
• For a more complex accounting entry (more than two parties, or different classifications), see Journal Entries.