Bank & cash: capital, loans, bank charges and transfers

Finance › Bank & cash shows the balance of every bank and cash account plus all money in and out.

Record money that is not an invoice or expense

1. Tap Record transaction and choose Money in, Money out or Transfer.
2. Pick the Bank / cash account and the Counter account, for example:

• Share capital paid by shareholders → 3000 Share capital
• Director lends money to the company → 2200 Amount due to directors
• Bank loan received → 2500 Bank borrowings
• Monthly bank fees → 6600 Bank charges
• Interest received → 4100 Other income

1. Enter amount, date and details, then save.

Add another bank or petty cash account

Tap Add bank / cash account, give it a name (e.g. Maybank Current 5123) and choose Bank or Cash / petty cash.

Move money between accounts

Use Transfer (e.g. bank → petty cash). It does not affect profit.