GeeDee for Windows

Journal Funds V/O to V/O

Journal Funds V/O to V/O

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Journal Funds V/O to V/O

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It is not possible to journal directly between two V/O accounts.

 

At some stage funds may have been receipted into the incorrect V/O ledger and this receipt cannot be reversed as it is a history transaction.

 

To move this money from one V/O to the correct V/O the following method is recommended.

 

Example

Debit the V/O account it was processed to in error and post to a Credit type Trust Account Ledger such as Penny Lane Credit - this may need to be created before starting the process.

 

Click to Expand

 

 

Make a positive amount credit (or debit) journal from one account, to a holding Trust Account ledger.

Then select journal a debit from Penny Lane Credit and enter a negative amount credit journal (or debit) journal taking the funds from the holding account.

 

Click to Expand

 

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