Funds transer

Fund Accounting, Accounts Payable, Accounts Receivable, Payroll

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glowe
Posts: 6
Joined: Thu Sep 01, 2011 12:50 pm

Funds transer

Post by glowe »

I wanted to transfer funds from our benevolence checking (fund02) to our General checking (fund01). I have established a Trans to Fund 01 account in both funds, do I need both?
Should my transfer read as follows:

02 - Benevolence checking CR
01 or 02 Transfer to Fund 01 DB
01 - General Checking CR
01 or 02 Transfer from Benevolence DB

Thank you,

Gloria

NeilZ
Posts: 10467
Joined: Wed Oct 08, 2003 1:20 am
Location: Dexter NM
Contact:

Re: Funds transer

Post by NeilZ »

Gloria,

this thread will give you the correct steps: viewtopic.php?f=3&t=7334
Neil Zampella

Using PC+ since 1999.

glowe
Posts: 6
Joined: Thu Sep 01, 2011 12:50 pm

Re: Funds transer

Post by glowe »

Dear Neil:
Thank you,thank you,thank you. It has been a while since I posted anything, but one of my other post, I do believe you help me than also.


Again, thank you.

Gloria

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