Use Interfund Transfers to record transfers authorized by resolution.
Go to Transactions > General Ledger
- Click Add New
Interfund transfer accounts must be linked in the Chart of Accounts as a required step for the GL Wizard to work. Follow separate instructions to Link Interfund Transfer Accounts.
- Select Date within the authorized transfer month.
- Select Type Int Tran, Interfund Transfer
- Click GL Wizard
- 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
