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Q: Quickbooks Funds Transfer ( No Answer,   0 Comments )
Question  
Subject: Quickbooks Funds Transfer
Category: Business and Money > Accounting
Asked by: xaevir-ga
List Price: $6.00
Posted: 12 Sep 2006 12:04 PDT
Expires: 13 Sep 2006 10:55 PDT
Question ID: 764567
Currently to transfer money between my two banking accounts, Hudson
bank and Sharon Nank, I write the check and make it out to my
business's name. Then for the account I use the name of the bank where
the check is being deposited. After two days, the check clears and I
have acces to the money. What I am not doing is taking into account
that I am doing a funds transfer. I would like to use the Funds
transfer feature from Quickbooks, but I don't know if it is made to
transfer money between different banking accounts. Is there a better
way to show the transaction as a transfer. Could I set up a new
account in the Chart of accounts. Please email for more details.
Thanks
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