Transfer Non Cash

Purpose

Allows an amount to be transferred from one account to another

The most common uses of the functionality are:

1. Transferring funds for accounts in different modules. Eg. Transfer of a Call Savings balance to a Term Deposit
   
2. Refinanced Loans: Transfer of the credit balance from the Dealer Account to the old loans’ outstanding balance
   
3. Transfers between the current and future ledger on Variable Loan accounts
   

The  functionality may be used to set specific Transaction Types for repeated types of transfer.

Note: Transfer Non Cash cannot be used if one or both accounts are within the General Ledger, Payable or Receivables modules. In this case, a Cashbook Journal should be created.

Timing

Transfer Non Cash can be used at any time. The selected Value Date may impact on the accounts interest calculation.

Access

1. From within an Account Details dialog |  | If you are transferring a particular transaction, highlight that transaction line, otherwise accept the default transaction | 

Process 

The below dialog will be presented:

Field	Description
Originating Account	Displays the account that the dialog was accessed from
Originating Account Transaction Type	[F2] to  the Transaction Type
Originating Account Transaction Reference	This can be over-typed. It defaults to the Transaction Type Code
Originating Account Transaction Description	This can be over-typed. It defaults to the message 'Trsf to {AccntCode}' once the target account have been selected.
Value Date	This is the date the transaction will be Value Dated for both accounts
Amount	This is the amount of the transfer This may be changed - It is important the correct sign is used, a leading minus should be added to the amount if the originating account is to be credited
	This may be used to populate the Value Date and Amount from the selected transaction
Target Account	[F2] to the account, the Account Browse will display Note: If no Transaction Type is entered to the Target Account Transaction Type, you will need to change the system indicator on the Account Browse to the module you require and
Target Account Transaction Type	[F2] to  the Transaction Type
Target Account Transaction Reference	This can be over-typed It defaults to the message 'Trsf from {AccntCode}'
Target Account Transaction Description	This can be over-typed It defaults to the description of the Transaction Type selected
	If any validation errors are identified, these will be displayed at this point

On , the confirmation dialog will be presented

Confirm:

1. The amounts are as expected (correct account is being credited/debited)
   
2. The Transaction Types are correct
   
3. The Value Date is correct
   
4. The accounts are correct
   

 to post the transactions

Transfers may then be Grouped

Validation Errors

Error Message	Explanation
Transaction Types do not post to the same GL Code	The Transaction Types used on the 'to' and 'from' accounts must post to the same GL Code (usually a contra code) Select new Transaction Types
Both Accounts must have the same Company/Currency	Transfers cannot be completed between accounts that have different currencies and companies Cancel the Transfer, then refer to Cashbook Journals
You Must Supply.......	A mandatory field has not been completed
Value Date must be on or after 'To'/'From' Account Open Date	A transaction cannot be Valued Dated prior to the opening date of the 'To' or 'From' Account
Amount cannot be zero	An amount for the transfer must be entered
Reference/Description must not exceed.......	References may not be longer than 20 characters Descriptions may not be longer than 254 characters
'To'/'From' Transaction Type has one of the below set: Post Interest Charged Post Interest Paid Report Withholding Tax Report Interest Report Dividend Tax Post Last Receipt	Transaction Types that post interest, report to the IRD or record payments made cannot be used for Transfer Non Cash Select a new Transaction Type

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