Funds transer
Posted: Thu Jul 19, 2012 3:48 pm
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
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