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How to manage Bank accounts transactions in Foodics Accounting
Bank Accounts Screen
All bank transactions within the system are displayed through the Bank Accounts screen.
Creating New Transactions
To create a new bank transaction (Payment Voucher, Receipt Voucher, or Transfer), follow these steps:
Go to:
Bank Transactions > New Transaction > Select Transaction Type
Spend Money (Payments)
- Direct Payment: Used to create direct payment vouchers.
- Prepayment: Advance payments that can be allocated to any account in the Chart of Accounts.
- Overpayment: Advance payments allocated specifically to supplier accounts.
Receive Money
- Direct Payment: A document used to confirm the receipt of a direct payment.
- Prepayment: An advance received from a beneficiary. These can be allocated to any account in the Chart of Accounts.
- Overpayment: Advance payments that are allocated specifically to customer accounts.
Bank and Cash Transfers
Transfers between bank and cash accounts are used to record all financial movements in the system, either before or after performing bank reconciliations to settle balances.
To create a transfer:
- Go to:
Accounts > Bank Accounts List > Bank Transactions > New Transaction > Transfer Money - Specify the bank account you are transferring from.
- Specify the account you are transferring to.
- Enter the date and amount of the transfer.