Problem: How to reflect
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transactions by using account "Cash in Transit"?
Solution:
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Please create Cash Receipt and Money Transfer as shown brlow.
1. To record the receipt of money to the account Cash in Transit, please create Cash Receipt document , go to Money module
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> Cash Receipt.
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Press drop-down list In Cash Account filed , in the opened box create Cash Account - Cash in Transit and pick it .
The received money will be are reflected in the General Ledger on Debit debit side of the GL account Cash in Transit.:
2. To register the funds received to your bank accounts , create Money Transfer document, go to Money module > Service Tools > Money Transfer.
In the field Transfer From select Cash Account - Cash in Transit, in the field Transfer To select the Bank Account.
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#CashinTransit#MoneyTransfer