Role based Access Rights

To assign the access right of this module, check the checkbox in the user form.

Configuration in Bank and Cash Journals

Set the Payment (debit) and Receipt (credit) accounts in each company so that they will debit or credit opposite to the bank account when you perform multi-company transactions.

Company A

Company B

Multi Company Transfer

In the Accounting dashboard, Click on the Multi Company Transfer.

Multi Company Transfer Form

Select the destination company and bank or cash journal in the destination company.

When we confirm the payment the following entry will be passed in Company A.

Once we confirm the payment from Company A, it will create a draft payment and Journal Entry in Company B.