Use the Manage Transfer Accounts screen to relate a transfer account description to an account, organization, reference 1, and reference 2 combination.
You can use the Transfers subtask of the Manage Cash Receipts screen to perform cash transfers from one account/organization to another. When you enter cash receipts, enter the currency amount transferred in the Transfers subtask. You can then enter a From Account description and a To Account description. These account descriptions originate on the Manage Transfer Accounts screen. This reduces errors when you enter transfers between cash accounts. It also speed up the transfer process. However, you are not required to perform cash transfers in this way. You can also make transfers with an adjusting entry to the General Ledger.
Set up this screen before you use the Transfer subtask of the Manage Cash Receipts screen. You can change this screen at any time and not affect cash receipts already entered into the system.
Enter the related accounting information. For example, you could use Payroll Cash to identify the payroll cash account and organization. This is a required field.
Enter, or click 
to select, the account that relates to the transfer account description. This must be an available account in the Account table. You can make an account available by selecting the Active check box on the Manage Accounts screen in Costpoint General Ledger. This is a required field.
Enter, or click to select, the organization that relates to the transfer account description. This must be an active organization in the Organization table. You can make an organization available by selecting the Active check box on the Manage Organization Structures screen in Costpoint General Ledger. This is a required field.
Enter, or click to select, a bank account abbreviation of up to six characters that relates to the transfer account description. The bank account must be established on the Manage Company Bank Accounts screen in Costpoint General Ledger. This is a required field.
Although this field is not required, Deltek suggests that, if your organization is using reference numbers, you enter a valid reference number 1 that relates to the transfer account description.
Although this field is not required, Deltek suggests that, if your organization is using reference numbers, you enter a valid reference number 2 that relates to the transfer account description.