Overview
Move funds between bank accounts through the transfer workflow.
Before you begin
Select the correct subsidiary and confirm the counterparty, currency, accounts, and reference data. Posting requires an allowed accounting period and the actions permitted by your configured role.
Main task
- Open Transfer Funds and create a transfer.
- Select source/destination accounts and review currency and subsidiary.
- Enter date, period, amounts, supported exchange values, and description.
- Save using the actions provided by the form.
- Review GL impact and reconcile both bank sides.
Check the result
The transfer links outgoing and incoming entries. Account currencies determine valid amounts and rates.
If something goes wrong
Check account availability and periods. Do not duplicate a posted transfer using unrelated check/deposit entries. A saved draft does not itself mean approval or posting. Follow the record’s current actions and review rejection feedback before resubmitting.
Review and supporting evidence
Review the saved header and line descriptions, amounts, VAT/WHT where used, and linked records. After approval/posting, inspect GL Impact where offered. Add supporting files or notes through the record’s communication area.