Britixo CRMBritixo CRM Enterprise Help Centre
Accounting & Bookkeeping · How-to guide

Create a bank transfer

Move value between two owned cash or bank accounts without treating the movement as income or expense.

Audience: Treasury and accounting staffFeature: TransferModule v1.4.5
Feature pathAccounting → Transfer → New Transfer
Before you beginThis guide follows Accounting and Bookkeeping module version 1.4.5. The required access is Accounting Transfer: Create. A related screen can remain hidden when an optional module is inactive, a source record is in an ineligible status, the selected account is inactive or the user is not an assigned approver.

What this feature does

Move value between two owned cash or bank accounts without treating the movement as income or expense. It forms part of Britixo Enterprise CRM's Accounting & Bookkeeping module and uses the module's permission-aware controller, status and mapping flow rather than a generic spreadsheet process.

How the module flow works

The module has transfer list, create, data lookup, delete and bulk-action functions. A transfer creates a balanced movement between accounts.

The two bank statements may show different dates due to processing. Match each statement row to the same Accounting transfer where supported and document timing differences.

If a bank fee is deducted, create a separate fee transaction rather than changing the transfer amount to conceal it.

Step-by-step workflow

  1. Confirm both accounts belong to the organisation.
  2. Open Transfer and choose New.
  3. Select the From and To accounts.
  4. Enter date, amount, reference and memo.
  5. Save and review both ledger sides.
  6. Match the withdrawal and deposit feed rows to the transfer.
  7. Reconcile both bank accounts.

Important fields and decisions

Transfer dateDetermines the posting and statement period.
From accountBank or cash account credited.
To accountBank or cash account debited.
AmountThe transferred value.
Reference and memoIdentify the bank transfer.
Currency or exchange contextReview when accounts use different currencies.

What happens after completion

After the action is saved, Britixo keeps the Accounting record connected to its source and updates the visible status or ledger data supported by this workflow. Review the saved result rather than relying only on a success message. Where the action posts accounting data, total debits and credits must balance and the accounts must match the approved mapping or manual selection.

  • Open the saved record and confirm its final status.
  • Review the source reference and every debit and credit line where ledger data was created.
  • Use the relevant register, ageing, reconciliation or report to verify the wider effect.

Controls, checks and common mistakes

  • Do not select the same bank account on both sides.
  • Do not record transfers as income or expense.
  • Record bank fees separately.
  • Review exchange differences for cross-currency transfers.
  • Use the least destructive correction available and record the reason for material changes.
  • Do not bypass a permission, approval or closed-period control by changing unrelated data.
Accounting and data safetyDeletion, reset, void, refund, mapping, journal and reconciliation actions can change financial history. Use approved access, retain supporting evidence and validate the result in the General Ledger or relevant control report.
Browse connected topics:expensebankingreconciliationjournal entrytransfercheckreportcurrencyapprovalmappingdouble-entry
Manage, correct and delete transfers →Match a bank transaction →Reconcile a bank account →Configure Accounting currency rates →Journal entries overview →Create and edit a journal entry →