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Cash Transfer By Transaction[MIGRATED]

Cash Transfer By Transaction

When we transfer cash by transactions from one cash book to another cash book, we literally move the transactions in one cash book to another one. This is very different from the Basic Cash Transfer because it retains original transactions within the cash book, and creates additional entry for the transfer as a lump sum figure.

See diagram below:

Imagine we have 2 cash books, A and B. The transactions in blue are to be transferred from Cash book A into Cash book B.

BEFORE:

Cash book A

No

Date

Description

Ref Doc

Debit

Credit

1

1 Feb

Opening Balance


34.00


2

3 Feb

Cashsale

RCT125

99.00


3

3 Feb

Invoice Settlement

RCT272

100.00


4

4 Feb

Cashsale

RCT542

399.00


5.

5 Feb

Cashsale

RCT623

699.00


6.

7 Feb

Bank-In

BI-234


1000.00

7.

8 Feb

Cashsale

RCT832

230.00














Cash book B

No

Date

Description

Ref Doc

Debit

Credit

1

1 Feb

Opening Balance


30,000.00


2

3 Feb

Pay Ingram Micro Supplier

PV3222

 

2300.00











































AFTER:

Cash book A

No

Date

Description

Ref Doc

Debit

Credit

1

1 Feb

Opening Balance


34.00


2

3 Feb

Cashsale

RCT125

99.00


3

3 Feb

Invoice Settlement

RCT272

100.00


7.

8 Feb

Cashsale

RCT832

230.00
































Cash book B

No

Date

Description

Ref Doc

Debit

Credit

1

1 Feb

Opening Balance


30,000.00


2

3 Feb

Pay Ingram Micro Supplier

PV3222

 

2300.00

3.

4 Feb

Cashsale

RCT542

399.00


4.

5 Feb

Cashsale

RCT623

699.00


5.

7 Feb

Bank-In

BI-234


1000.00


























Step by Step Guide to perform Cash Transfer by Transaction


Step 1 : Choose your PC Center

Step 2 : Select From , To and Date --> Submit

Step 3 : Click at 'Select Transaction' --> it will come to a 'pop-up' page

Step 4 : Select the date of transaction you would like to tranfer --> Submit --> The list of transactions (at ur specified date) will all listed down

Step 5 : 'Tick " the items that u want to transfer --> Then click ' select'. Click 'Close' at the bottom.

Step 6 : You will be able to see the items that u just selected at the main page ( Cash Transfer by Transaction)

Step 7 : If there are items you miss out, repeat Step 3 - 6. If u wan to remove certain items, just click the remove button

Step 8 : Once it's all correct, click Confirm and Save.


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