Current Account Transfer

It is used to record transactions between current accounts. In case of collection of the receivables of one of the two different Current Firms from the debts of the other, or in the event that the debt of one of them is undertaken by the other, a Current Account Transfer is made.

Route: ERP > Finance - Accounting > Current > Current Account Transfer

1. Transaction Type: The relevant transaction type is selected for the transfer registration. Warning: In order to select a Transaction Type, the relevant definitions must be made in the BPM > Transaction Categories field.
2. Debit Account: The current account to be debited is selected with the transfer transaction.
3. Payee Account: With the transfer transaction, the current creditor is selected.
4. Document No: Document Number is entered for the current transfer record.
5. Debit Amount and Credit Amount: Enter the amount of the transfer to be made between the current account holders.
6. Debtor Subscription No and Creditor Subscription No: Enter the subscriber information of the debtor and the creditor current, if any.
7. Debtor Project and Creditor Project: If the current transfer process is realized for the project process, the project selection is made.
8. Debtor Branch Office and Creditor Branch Office: The branches to which the transfer transaction is connected are selected.
9. Transaction Date: The day of the transfer transaction is selected.
10. Debit Payment Date and Credit Payment Date: After the transfer, the date on which the debit-credit amounts will be paid is selected.
11. Debtor Physical Asset and Creditor Physical Asset: If the debtor and creditor have current assets, physical assets are selected.

The Current Transfer record made is listed on the Current Transactions screen. Route: ERP > Finance - Accounting > Current > Current Transactions

While a single transfer operation can be performed on the Current Account Transfer screen, more than one current transaction can be performed on a single screen with the Group Current Account Transfer screen. 

On this screen, the transfer process is completed by selecting the current accounts to be transferred and entering the transfer amount.

Since the debit-credit balances of the relevant current account will change after the current transfer, this movement in the current accounts is reflected in the debit-credit balances in the current account statement of the relevant current accounts. Route: ERP > Finance - Accounting > Current > Current Account Statement