Apologies for being a new user and this being a hopefully-simple question:
I need to move $1000 from one checking account to another checking account.
Money is coming out of 01-1122
Needs to go into 13-1124
I'm struggling because these are 2 different funds AND two different bank accounts.
Assistance would be appreciated!
You'll need to use transfer accounts. I'd use the simple transfer accounts as described in the user manual. You didn't say what version, so I can't give you an exact page, but you can find it in the index. The page gives a very good example of how to transfer funds between accounts.
You'll need to use transfer accounts. I'd use the simple transfer accounts as described in the user manual. You didn't say what version, so I can't give you an exact page, but you can find it in the index. The page gives a very good example of how to transfer funds between accounts.
I've looked at this previously, but we don't have any of the Transfer Accounts set up. I guess I need to remedy that!
When I try to turn on "transfer accounts" in "Accounting Setup Options" "Fund Accounting", I check the "Use transfer accounts" box and click OK. I then get the error message "An Overlap Occurs in Expense with Transfer"
When I try to turn on "transfer accounts" in "Accounting Setup Options" "Fund Accounting", I check the "Use transfer accounts" box and click OK. I then get the error message "An Overlap Occurs in Expense with Transfer"
I'd check to see if you have expense accounts in the 9000 range, where transfer accounts are usually located. If so, I'd try to move them to a different account series.
When I try to turn on "transfer accounts" in "Accounting Setup Options" "Fund Accounting", I check the "Use transfer accounts" box and click OK. I then get the error message "An Overlap Occurs in Expense with Transfer"
What is the upper number range assigned to your Expense Accounts? By default, if you don't have Transfer Accounts enabled, then Expenses go all the way up to 9999. That would need to be changed to 8999 if you are enabling Transfer Accounts in the 9000-9999 range.
Ah yes ... when in Preferences -> Accounting Setup, head to the Fund Accounting tab. Look in the Account Number Ranges area for Expenses, and change that last number to 8999.
