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Bank transfers

Bank transfers

 

Within Sage Accounts there are some nominal codes that are also used as bank accounts. You can see these accounts in the Bank accounts module. To move money between any of these bank accounts, you can post a manual journal, or use the Bank transfer option. The Bank transfer option post the following journals: Within Sage Accounts there are some nominal codes that are also used as bank accounts. You can see these accounts in the Bank accounts module. To move money between any of these bank accounts, you can post a manual journal, or use the Bank transfer option. The Bank transfer option post the following journals:

 

JC The balance on the bank account you’re moving money from, is decreased by the full amount of the transfer.
JD The balance on the bank account you’re moving money to, is increased by the full amount of the transfer.

 

Post a bank transfer

  1. Click Bank accounts.
  2. Click the account you want to move the money from.
  3. Click Bank transfer.
  4. Complete the boxes as required.
  5. Click Save and then click Close.