Overview
This guide will walk you through the steps to add transfer transactions directly from the Bank Sync page. This new feature allows you to efficiently manage transfer transactions, ensuring accuracy and ease of use.
Steps to Add a Transfer Transaction via Bank Sync:
Step 1: Navigate to the Bank Sync Page
Log in to your Inn-Flow account
Go to the Banking section and select Bank Sync
Step 2: Initiate a Transfer
On the Bank Sync page, find the bank transaction you wish to create a transfer for.
Click the Add button associated with the transaction.
Step 3: Select Transfer Option
From the dropdown menu, choose Transfer.
Step 4: Fill Out Transfer Details
A transfer slideout will appear for you to enter the details of the transfer.
Step 5: Transfer Date
The Transfer Date field will automatically default to the date of the bank transaction. Ensure this date is correct.
Step 6: Amount
The Amount field will reflect the bank transaction amount.
Step 7: Account Matching
For deposits, the TO side Account field will automatically match the account displayed on the Bank Sync page.
For withdrawals, the FROM side Account field will automatically match the account displayed on the Bank Sync page.
Step 8: FROM Section Amount
Ensure the amount in the FROM section matches the bank transaction amount.
Step 9: Type Field
The Type field will be set to Manual ACH and will be grayed out.
Step 10: Save the Transfer
Review all the details to ensure they are accurate.
Click Save to complete the transfer transaction.
Step 11: Understand the Benefits
Streamlined Workflow: Quickly handle transfer transactions directly from the Bank Sync page.
Improved Accuracy: Consistent transfer details reduce the chance of errors.
User-Friendly: An intuitive interface simplifies the transfer process.
Additional Feature: Adding Draft Transactions In addition to adding transfers, users also can add draft transactions. This feature allows you to create a draft entry that can be sent for approval and processed through the AP Inbox. For more details on Adding Draft Transactons, please see the Knowledge Base article KB - How to Add a Draft Transaction in Bank Sync.