These are steps you can follow, to create Bank Transfers in Sage X3. In Sage X3, payments and receipts of money between banks and business entities such as Business Partners are made under the AP/AR Accounting module.
When the movement of money occurs within your business: From bank to bank or from bank to cash account, these transactions are recorded in the Bank Transfer of the AP/AR Module.
1. Under the AP/AR Accounting module, find the Payments sub-module, and click Payment/Receipt Entry
2. A pop-up with transaction types will show up, select the BBKTRF ZAF Bank Transfer option
3. Click the plus button on the right panel to create a new transaction
- The following input fields are required for Bank Transfers transactions:
4. Site
- Enter the site making this transaction
5. BP
- This transaction does not involve a Business Partner therefore, the BP field should be left empty.
6. Account
- Select the bank which received the money transfer.
7. Description
- Input a description that appropriately describes this transaction.
8. Bank
- Select the bank from which the money transfer is made. The currency field will automatically show the currency of the paying bank.
9. BP Amount
- Enter the amount transferred.