You don't have a vendor to use, so what I would do is create a vendor using the church. Then create the invoice, thus the church is writing a check to itself. I would check with the new bank to see if this is OK with them. Plus, depending on the amount of funds being moved, some banks will not accept anything but a cashier's check for amounts over a certain limit.whfpc wrote:Since I did not have them write a cashier's check how do I write a computer check from our checking account to take the money from the checking to the new account? I will have to make a transaction correct? Or am I over thinking this?!??!?
In this case it was our Money Market (I haven't started the process of moving the checking account yet)
Other than that, you would write the check using the accounts as I listed before:
01-1110-000 CR 2000.00
01-1120-000 DB 2000.00
FWIW ... even though you're moving the account because of the customer service at the first bank, my advise is to go to that bank, get an appointment with the local branch manager, and tell him exactly why you're moving the account, and that you'd like a cashier's check for the balance in the account.
Of course that assumes that all checks have cleared the account. You have to leave funds to cover all outstanding checks until they are cleared.