transferring between accounts

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sdavis0000
Posts: 6
Joined: Sat Jun 05, 2004 7:36 pm
Location: Faith Emanuel Baptist Church

transferring between accounts

Post by sdavis0000 »

I've set up my bank accounts in one fund 01 (operations, check only, savings and building fund) do i have to set a second fund account to make transfers
I've set up the transfers in (01-9120-000) already.

NeilZ
Posts: 10417
Joined: Wed Oct 08, 2003 1:20 am
Location: Dexter NM
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Re: transferring between accounts

Post by NeilZ »

sdavis0000 wrote:
Sat Jun 07, 2025 2:36 am
I've set up my bank accounts in one fund 01 (operations, check only, savings and building fund) do i have to set a second fund account to make transfers
I've set up the transfers in (01-9120-000) already.
No .. transfer accounts are used to transfer between Funds, not between asset accounts in the same fund.

For that, you would create a simple Fund Account transaction.

For example: Main checking account: 01-1110-000, Savings: 01-1210-000 , to transfer from savings to checking you'd create this:

01-1110-000 DEBIT $1000.00 - money in
01-1210-000 CREDIT $1000.00 - money out
Neil Zampella

Using PC+ since 1999.

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