Audience: Admin, Finance
Type: Task
Reference
For system behavior and rules, see
SmartBooks Documentation – Section 5: Banking and Cash Management
Purpose
Recording a transfer allows you to move funds between two accounts within SmartBooks.
This is commonly used for transfers between bank accounts, cash accounts, or internal funds movement.
How to Access
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Go to SmartBooks
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Click Transfer
URL format:https://app.thulo.com/{tenantname}/ps/admin/accounting/transfer
Recording a Transfer
To record a transfer:
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Click New Transfer
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Select the From Account
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Select the To Account
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Enter the Transfer Date
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Enter the Amount
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Add a reference or note if required
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Click Save
The transfer is recorded immediately.
What Happens After Recording
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Funds are deducted from the source account
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Funds are added to the destination account
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Both accounts reflect the transaction in reports
Important Notes
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Transfers do not affect income or expenses
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Transfers only move balances between accounts
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Both accounts must exist in SmartBooks
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Incorrect transfers can affect reconciliation
When to Use This
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Moving funds between bank accounts
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Transferring cash to bank or vice versa
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Internal fund adjustments
Related Articles
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Bank Account
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Match bank transaction
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Reconcile an account
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Banking rules & Import bank transaction
End of Article