In this release, we have created a new screen that allows users an easy and automated way of transferring money between bank accounts.
The Bank Transfer screen is located: Finance -> Banking -> Bank Transfer
When a Bank Transfer is Posted, a GL Payment and GL Receipt is automatically created and posted with all necessary calculations generated.
To use the Bank Transfer screen, ensure you have VIEW, ADD and UPDATE permissions.
Please Note: To see Bank Balance updates, please run the Post Gen. Ledger All Months to refresh financial data.
See Banking manual for more details.