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Uni Roles
Level 1

I am in the process of transfering my business from one company to another. How do I properly process the cash at bank transfer between companies? Both managed in qb.

 
1 Comment 1
Rebecca_A Product Champion
QuickBooks Team

I am in the process of transfering my business from one company to another. How do I properly process the cash at bank transfer between companies? Both managed in qb.

Hi Uni Roles, 

 

Thank you for reaching out. Instructions on processing bank transfers can be found here, however I cannot advise whether this or a journal entry would be the best solution for you. 

 

This type of question may be best directed to your Accountant or one of our ProAdvisors

 

Thanks,

Rebecca