Record bank transfers

If you have more than one bank account in the system, you may need to record the transfer of funds from one account to another. This ensures that your transactions in IRIS Elements Cashbook match those of your banks. This can also be required if you have a loan, credit card or cash / till bank account.

  1. Go to Banking > Bank. Then select Transfer Money.

    screenshot of the transfer money dialog in IRIS Kashflow

  2. Enter the Date that the money was transferred, together with the Amount.

  3. Select the From and To bank accounts from the lists, together with any Notes to clarify the reason for the transfer.

  4. Select Transfer. Applicable transactions are then created for each bank account.