Tips and Tricks

September 23rd, 2014

Bank transfer from one account to another

If you wish to transfer an amount from one bank account to another, you can use the « Process bank transfer » option. To do this, select Finances/Wizards/Banking Transactions from the menu and then select the 5th option « Process bank transfer ».

Two accounting entries will be automatically performed in this single operation:

- A direct debit from the source account
- A direct payment to the recipient account

If you need to reverse this bank transfer operation, you can simply right-click on either of the two lines created in your banking transactions (Finances/Banking Transactions) and click on Delete. Both operations will be reversed automatically.