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Bank Withdrawals

Intro – Bank Withdrawals #

Use a Bank Withdrawal transaction to record any cash you take from your bank and add to a cash account, such as petty cash. Bank withdrawal is a posting transaction.

Create a New Bank Withdrawal #

  • Go to Bank / Credit Card on the left sidebar, and select Bank Withdrawals
  • Click Add New button.
  • Fill in the following fields
    • Date: The default date is today.
    • Withdraw from Account: Select the bank account from which you are withdrawing the cash.
    • To Account: Select the cash account where you are putting the money.
    • Amount: Enter the withdrawal amount.
    • Memo: if any
  • Click Save.

 

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