Transfers

Bank to Cash withdrawal example

Updated 7 May 2026
Record cash withdrawn from the bank for business float.

A bank withdrawal for business cash float should be recorded as a transfer.

Steps

  1. Open Transfers.
  2. Choose Bank as the from account.
  3. Choose Cash as the to account.
  4. Enter the withdrawal amount.
  5. Add a note such as cash float withdrawal.
  6. Save the transfer.

Effect on balances

  • Bank decreases and Cash increases by the transfer amount.

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