Use the Manage Transfer Accounts screen to relate a transfer account description to an account, organization, reference 1, and reference 2 combination.

You can use the Transfers subtask of the Manage Cash Receipts screen to perform cash transfers from one account/organization to another. When you enter cash receipts, enter the currency amount transferred in the Transfers subtask. You can then enter a From Account description and a To Account description. These account descriptions originate on the Manage Transfer Accounts screen. This reduces errors when you enter transfers between cash accounts. It also speed up the transfer process. However, you are not required to perform cash transfers in this way. You can also make transfers with an adjusting entry to the General Ledger.

Set up this screen before you use the Transfer subtask of the Manage Cash Receipts screen. You can change this screen at any time and not affect cash receipts already entered into the system.