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Bank Reconciliation and Transfers between funds
Posted: Mon Aug 06, 2012 11:00 am
by stlwrnce
We recently separated a sub account (with its own checking account) into a new fund account . I followed the instructions on transferring for detailed accounts. I must have done something wrong. When I went to reconcile the bank account, it showed the transfer from 01 to 02 as a deposit, but no corresponding credit. Now I am off by the amount of the transfer. How do I fix this? Thanks. I am using version 11.
Re: Bank Reconciliation and Transfers between funds
Posted: Mon Aug 06, 2012 11:17 am
by NeilZ
stlwrnce wrote:We recently separated a sub account (with its own checking account) into a new fund account . I followed the instructions on transferring for detailed accounts. I must have done something wrong. When I went to reconcile the bank account, it showed the transfer from 01 to 02 as a deposit, but no corresponding credit. Now I am off by the amount of the transfer. How do I fix this? Thanks. I am using version 11.
Did you use a Transfer Account to move the money ??
Re: Bank Reconciliation and Transfers between funds
Posted: Mon Aug 06, 2012 12:04 pm
by stlwrnce
NeilZ wrote:stlwrnce wrote:We recently separated a sub account (with its own checking account) into a new fund account . I followed the instructions on transferring for detailed accounts. I must have done something wrong. When I went to reconcile the bank account, it showed the transfer from 01 to 02 as a deposit, but no corresponding credit. Now I am off by the amount of the transfer. How do I fix this? Thanks. I am using version 11.
Did you use a Transfer Account to move the money ??
Yes, I did. I followed the instructions on page 227-229 of the V 11 reference manual and used detailed transfer accounts.