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How to post
Posted by wandarivera on 06/05/2008 - 20:34
Hi there, I need to know how to post money transfer from savings to checking on Peachtree accounting program. Thank you very much
wanda rivera
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Gail Perry, CPA
transfer money in Peachtree
The easiest way is to make a journal entry debiting the receiving account and crediting the account from which the money comes out. Another way is to either write a check from one account to the other with the receiving account as the account in the expense account field - make sure you are using the correct "cash" account as the one from which you are writing the "check." You could also enter a transaction directly in the register for either account.Laura C., CPA, Boise