Problem: How to pass the entry for money transfer from Shareholder's current account BS Capital Issued (DR) of the Main Entity to our branch (another Entity) to PL Income or BS Accounts (CR)?
Solution: Use system instruments as shown.
1. In main Entity, the amount needs to be transferred from the Shareholders current account.
Therefore, create a new Cash/Bank Payment document with Transaction Type Others:
See also 6.3.2.9. Cash Payments (Other)
6.2.2.9. Bank Payments (Other)
In Payment details, select Shareholder's current account (BS Capital Issued):
General Ledger reflection is the following. Also refer the entry in transaction details box available in the Cash/Bank document:
2. In another Entity (Branch) enter Cash/Bank Receipt document with Transaction Type Others:
In Payment details, specify the GL account to CR, for example, Other Operating Income (PL Other Operating Income):
General Ledger Reflection is the following:
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