Bank Transfer
Purpose
A funds transfer is used to move money from one bank account to another.
Usage
1. Choose a source account
This is the account from which money will be transferred. Either type the account number or use the lookup.
2. Choose a target account
This is the account to which the money will be transferred. Either type the account number or use the lookup.
3. Enter the date
This is the date on which the transfer will be recorded as having taken place.
4. Enter a document number.
The document number is used to uniquely identify bank transactions. You can look up these transactions later by their document number.
5. Enter an amount
This is the amount of money you are trying to transfer.
6. Enter a reference
You should have a reason for the transfer, so that you can later review your transactions and understand why they were made. Enter your reason in the Reference field.
7. Post
When you have entered all the information on the form and are ready to transfer the funds, click the Post button