Bank transfer to another account should include all accounts
When recociling the bank account I would like the option to be able to pick any ledger account, or at least any balance sheet account. If I have liabilities accrued and a standing order paying them monthly I want to be able to post directly to it.
Lee
shared this idea
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Steve
commented
I am not sure if this is the same point but lawyers need to have a trust account that holds money until it is invoiced in a business account.
You want to transfer from one bank to another bank and have the client's accounts recorded.
For Example -
Debit Smith Trust and credit Trust Bank
Debit Business Bank / credit Smith Business Project account.As the transfer system is now the only option is a refund. The transfer to another account doesn't have the option to itemise a client's account.
So I agree with Lee. There should be options. Bank Account A (for share trading say) to Bank Account 2 (for long term investment.)
But now you also need to say whose investment it is. Smith's share trading profits get transferred to a Smith's Trust account for long term investment for eg.
OR Bitcoin profit to Investments etc.