Hello! I withdrew Cash from our business’s bank account in order to have cash on hand to pay for supplies and deliveries. I have set up in Manager both a Cash on Hand account and the Bank Account. I did an inter-account transfer, but the cash withdrawal from the bank is still listed as “Suspense” as I don’t have a way to show what it’s being used for yet… Ideas? Thank you!
Hi Mark! Here is a screenshot of the Inter Account Transfer. I also included a screenshot of the Suspense payment in question. Thank you!
Sorry. Yes, I set up the accounts in the Bank and Cash Accounts tab.
No need for creating a sperate payment transaction if you created an Inter-account Transfer transaction. delete that one.
Hello! If I delete it and I upload a future bank statement, won’t I have to keep deleting it over and over? Thank you!
I assumed you created both transactions manually. If its from bank statement you can use the new Inter-account transfer account for both payments and receipts of IATransfers (Introduced a few days ago). For this you have to make a receipt too for the account in which you received the payment. So its balanced.
Thank you so much!!