Internal Payment Transfer

Navigate to Accounting → Dashboard to see all bank and cash journal cards. Click the three-dot menu on any bank or cash journal (e.g. Petty Cash) and choose Internal Transfer under the New column. This opens a pre-filled payment form with Internal Transfer enabled, the source journal set to the card you clicked, and Payment Type defaulting to Send — ready for you to enter the amount and destination journal.

The payment form shows Internal Transfer checked with Send selected as the payment type. Set the Journal to Bank (source) and Destination Journal to Petty Cash. Enter the transfer amount (e.g. 1,000.00 Rs.), date, and payment method, then confirm. Once posted, the status moves to Paid. Use the Journal Entry smart button to review accounting lines, and the Paired Transfer button to jump to the matching Receive payment created automatically on the destination journal.

Confirming the Send payment posts journal entry PBNK1/2026/00001 in the Bank journal. The Journal Items tab shows two balanced lines: Bank is credited 1,000.00 Rs. (funds leaving the bank account) and the company Liquidity Transfer account is debited 1,000.00 Rs. (funds in transit). Both lines use the label Transfer from Bank with the company partner. The entry is fully Posted and linked back to the payment via the 1 Payment smart button.

When the Send payment is confirmed, the module automatically creates the matching Receive payment PCSH1/2026/00001 on the Petty Cash journal — no manual second entry needed. The form shows Internal Transfer checked with Receive selected, the same amount and date, and Destination Journal pointing back to Bank. The payment is posted to Paid immediately. The Paired Transfer smart button links this record to the original Send payment so you can navigate between both sides in one click.

The Receive payment posts journal entry PCSH1/2026/00001 in the Petty Cash journal. The Journal Items show Petty Cash debited 1,000.00 Rs. (funds arriving) and Liquidity Transfer credited 1,000.00 Rs. (clearing the in-transit balance). Both lines are labelled Transfer to Petty Cash. The module reconciles the Liquidity Transfer lines from the Send and Receive entries, which is why the Reconciled Items smart button appears on the posted entry.

Open Reporting → General Ledger to verify the complete transfer. The Bank account shows a 1,000.00 Rs. credit from PBNK1/2026/00001 (balance −1,000.00 Rs.). The Liquidity Transfer account shows equal debit and credit totalling 1,000.00 Rs. with a 0.00 Rs. balance — confirming both sides are reconciled. The Petty Cash account shows a 1,000.00 Rs. debit from PCSH1/2026/00001 (balance +1,000.00 Rs.). Total debits and credits balance at 2,000.00 Rs. each, giving full audit traceability.