Book an Internal Transfer Entry

The Internal Transfer page lets you record transfers between your different bank accounts in your bookkeeping. This page is available as soon as you have added more than one account.

This feature does not handle cash deposits or withdrawals. For more information, check out this article.

• Record an internal transfer
• Find past transfers

Record an internal transfer

To transfer funds between your accounts, go to Accounting > Book entry > Internal transfer.

If you don't see this tab, it means only one account is set up in your accounting tool. To add a new one, first go to Accounting > Settings > Bank accounts / Petty cash.

You'll land on the page where you can transfer funds between your accounts.

From this page, simply fill in the following information:

1. The transaction date: the date on which the transfer was made.
2. The transfer amount
3. The account to debit and the account to credit
4. Optional — You can upload a supporting document for the transfer to keep a record of it, and add a note related to the transfer.
5. Click Save and you're done. A book entry is created, with one account debited and the other credited.

The software automatically creates the corresponding book entry, crediting one bank account and debiting the other.

Find past transfers

Once you've recorded a transfer, you can easily find the related book entries. Go to Accounting > Search, then select “Internal transfer” in the “Type” dropdown and click Search.

You can narrow your search using the optional filters: the corresponding account, a date range, or a transfer amount range.