Transfer cash payments into a bank account

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This process is typically required by businesses who take cash on a daily or frequent basis. Find out more.

Cash payments are typically recorded via a specific cash bank account. This enables you to record any transactions in cash which can then be reconciled with your bank account once the cash is paid in. In order to reconcile your accounts, you will need to transfer the money out of your cash bank account into the bank account it was paid into.

This may also be required if you have created a bank account to represent your safe and are transferring cash taken into your physical safe.

1. Go to Banking > Banks then select Transfer Money.

2. Enter the Date the money was paid in, together with the Amount.

3. Select the till bank account from the From list then the bank the funds were paid into from the To list.

4. Enter any Comment (such as the date the takings relate) then select Save.