| 1 | Open 1-1 Checks/Bank Charges. In the Account# box, enter the source account. |
| 2 | In the Check# box, enter the bank transaction number or a dummy transaction number. |
| 3 | In the Date box, enter the date of transfer. |
| 4 | In the Description box, enter a brief statement about the transfer. |
| 5 | In the Vendor box, enter the vendor number. |
| 6 | In the Status list, click 1-Open. |
| 7 | In the grid, do the following: |
| a | In the Account cell, enter the clearing account to which you are transferring funds. |
| b | If the account selected has subsidiary accounts, enter the number in the Subaccount cell. |
| c | In the Debit Amount cell, enter the amount of the transfer. |
| 8 | On the File menu, click Save. |
| 9 | Open 1-2 Deposits/Interest. In the Account# box, enter the destination account number. |
| 10 | In the Deposit# box, enter the bank transaction number or a dummy transaction number. |
| 11 | In the Date box, enter the date of the transfer. |
| 12 | In the Description box, enter a brief statement about the transfer. |
| 13 | In the Status list, click 1-Open. |
| 14 | In the grid, do the following: |
| a | In the Account cell, enter the clearing account from which funds originate. |
| b | If the account selected has subsidiary accounts, enter the number in the Subaccount cell. |
| c | In the Credit Amount cell, enter the amount of the transfer. |
| 15 | On the File menu, click Save. |
Tip: You can verify the complete transfer of funds by viewing the clearing account balance in 1-7 General Ledger Accounts.
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For additional online resources for Sage 100 Contractor products, visit the Sage Customer Portal. Use the portal to access the knowledgebase, chat online with customer support, or enter a customer support ticket.
For additional training on Sage products, visit Sage University.