A Sneak Peek into An Internal Account Transfer
13 June, 2022 by
A Sneak Peek into An Internal Account Transfer
Konsultoo, Nitesh Macwan


This application is used to make account entries that do not involve any vendor, customer, and third party. with the Internal Account Transfer, it is effortless to make smooth transactions from our one bank to another bank or our company cash to our bank account.

The entire process of the Internal Account Transfer is highlighted below  

First of all, when you complete its installation, go to the Accounting Dashboard and select internal transfer from the source account as shown in the screenshot given below.   




  

After selecting the internal transfer option, pick a journal (Source Account Journal) and transfer it to (Destination Account Journal) and finally confirm it as displayed below. 


 

  

This will help you create journal entries and journal items that can be viewed directly from the smart button as shown below.
 


  

It will also generate two posted sJournal in a single transaction for internal transfer.   


  

In the below image, you can find the journal items of the above two journal entries along with Liquidity Transfer, which makes reconciliation easy.   


  

Feel free to contact us at contact@konsultoo.com if you have any doubt related to this application, we are here to help you.

A Sneak Peek into An Internal Account Transfer
Konsultoo, Nitesh Macwan 13 June, 2022
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