Overview
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:
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Log onto Readysell
Select Financials
Select General Ledger
Select One of the Views
Highlight one of the accounts in the Assets Area near Bank or whereever the site whichs to set up that account.
Click on Copy
Change the GL Account
Change the Description
Ensure that 'Is Bank' is OFF. Depending where in the chart the account is set up please ensure that the other fields are checked before saving the new account.
Click on OK to Save
2.System Reference:
- Log onto Readysell
- Select "
- "Administration'
- Select 'Advanced'
- Select "System Types"
- Click on Name = 'Cashbook' Description = 'Cashbook Settings"
- Click on Code = Bank-Transfer-Contra-Account
- Ensure that the Contra account that was set up is inserted into the Description Field. (Making sure the Contra account is in the right part of the chart of accounts.)
- Click on 'Save'
- Click on Code = 'The ID of the tender use for the resultant transactions of bank transfers'
- Ensure that the correct tender type is inserted into the Description field
- Click on 'Save'
Entering a Bank Transfer (CBKTRN)
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If you are paying off a Credit Card type of bank account or transferring funds from one bank account to another you would insert a Bank Transfer.
Note: Inserting a bank payment to transfer funds and dissecting it against a General Ledger bank account is incorrect.
You will only see one side of the transfer and that is the money out of the bank. The other side is a posting against the gl bank account selected .
| Note |
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A system reference is set up with a default tender If you make any changes to the tenders table please ensure to contact Readysell.
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Getting Started
| Child pages (Children Display) | ||
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Reference
Buttons
Refer to Common Buttons.
Fields
| Field | Description |
|---|---|
| Type | This is the transaction type for this Bank Transfer (CBKTRN) |
| Number | The unique number for the transaction of this Bank Transfer |
| Status | The transactions current status |
| Date | The date and time of creation of Bank Transfer |
| From Account Site | This is the account site where the Bank transfer originated |
| To Account Site | This is the to account site for this bank transfer |
| Value | This field shows the value for the bank transfer |
| Description | This field contains a description of the bank transfer |
General Tab
| Field | Description |
|---|---|
| Site | |
| Period | |
| Bank Deposit | |
| Bank Payment | This is the bank payment for this bank transfer |