Problem: How to reflect transactions by using account "Cash in Transit" ?
Solution: You will need to create a couple of documents
- To record the receipt of money to the account Cash in Transit, please create Cash Receipt document , go to Money module - Cash Receipt. 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 reflected in the debit side of 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.