A Bank Transfer is a transfer of funds from one bank account to another.
Before a Bank Transfer can be entered please ensure the following are set up:
Setting Up General Ledger Account for Contra.
Log onto Readysell
Select Financials
Select General Ledger
Select One of the Views
Highlight one of the accounts in the Assests Area near Bank
Click on Copy
Change the GL Account
Change the Description
Ensure that 'Is Bank' is OFF
Click on OK to Save
- Log onto Readysell
- Select "Financials"
- Select "Cashbook"
- Select "Bank Transfers"
- Click on "New"
- If you are working off a bank statement then use the date off the bank statement, however if you are physcally making the transfer now enter todays date.
- Select the 'From Account Site'
- Select the 'To Account Site'
- Enter the full value of the bank transfer.
- Enter a description as to why you are making the bank transfer
- Click on 'finalise' to complete the transfer.
