Forum Discussion
Hi Anne1
Thanks for your post. As it's only the bank account that is incorrect, record a Transfer money transaction for the net amount. The From account is the bank account the pay was withdrawn from and the To account is the incorrect bank account.
In the Bank feeds window match the bank feed transaction to the Transfer money transaction.
Please let me know if you need further help.
If my response has answered your enquiry please click "Accept as Solution" to assist other users find this information.
Sorry to be a pest. will this work for two different banks - ie - ANZ and CBA ?
- Tracey_H2 years agoFormer Staff
Hi Anne1
The accounts in AccountRight are general ledger accounts, they are how a business keeps track of its financial transactions and prepares financial reports. Transferring amounts between general ledger bank accounts only impacts how the amounts are reported in the software.
Transfer money transactions is a common method of recording transfers between actual bank accounts, for example, when you pay the company credit card you can record a transfer money to reflect that in the software.
Please let me know if you need further help, I'm happy to help.
If my response has answered your enquiry please click "Accept as Solution" to assist other users find this information.