How do I create interfund transfer accounts?
Use Interfund Transfers to record transfers authorized by resolution.
Go to Transactions > General Ledger
- Click Add New
- Select the funds needed for the transfer.
- Enter total Amount needed to make the transfer. (Accounts will automatically populate based on their links in the Chart of Accounts).
- Click Save & Close.
Multiple interfund transfer can be recorded in one transaction.
- Always enter a Memo, ordinance or resolution number authorizing the transfer.
- Click Save & Close
Congratulations, you are done!