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author's profile photo Former Member
Former Member

Transfer of cash from one cash book to another

Hi

I am receieving cash from the main cash book to imprest cash book. In FBCJ for imprest cash book i have booke a cash reciept through the business Transaction defined for cash reciept. The document is posted in imprest cash book and is displayed. But when i change the cash book and see the cash payments for the main cash book in FBCJ, the system does not display the transaction even though the balance of cash book has been reduced by the amount posted as recipet in the imprest cash account.

What could be the error?

Regards

Sanil Bhandari

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  • author's profile photo Former Member
    Former Member
    Posted on Aug 11, 2008 at 08:12 AM

    Hi Sanil Bhandari

    As you rightly observed, it doesn't automatically update the Main Cash Book. To have a effect in both the cash books, you have to follow the following procedure:

    1. Create Cash Transfer GL Account (B/S)

    2. Account Cash Transfer in Main Cash Book as payment by Selecting Cash Transfer GL Account

    3. Account Cash Receipt in Petty Cash Book as receipt by selecting Cash Transfer GL Account.

    4. As there is a debit and credit entry in Cash Transfer GL Account, go to F-03 and clear this account manually.

    Ideally by the end of the day there shoudl be a zero balance in Cash Transfer GL Account

    Hope this clears.

    All the best.

    Brahma

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