How do I transfer money from a term deposit (other current asset) into our bank account on AR?

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Contributing Cover User EGG
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How do I transfer money from a term deposit (other current asset) into our bank account on AR?

 
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Ultimate Partner Julie_A_C
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Julie_A_C
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Re: How do I transfer money from a term deposit (other current asset) into our bank account on AR?

hi @EGG

 

Do a receive money to the bank account and allocate to the term deposit asset acount.

 

Julie Carter AIPA, BBus(Acctg),
MYOB Professional Partner, Registered BAS Service Provider
Associate Member of Institute of Public Accountants
Member Association of Accounting Technicians
ph: 0417 927 654 email: accuratebooks7@gmail.com
JAC' of All Trades Bookkeeping (Servicing from Leederville to Pinjarra, Fremantle to Armadale WA)
Contributing Cover User EGG
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Contributing Cover User
Australia
EGG
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Re: How do I transfer money from a term deposit (other current asset) into our bank account on AR?

Thanks Julie - appreciate the advice.

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