Journal Transfer

When creating your Client Account opening balance or reconciling your bank account on Expert Agent, there may be occasions when a transaction has physically gone through your bank account which you have not processed on Expert Agent because it is not related to a Landlord or a Tenancy. A good example of this would be a bank charge which has been deducted from your bank balance. 

A journal transfer will need to be processed so that your account can be reconciled correctly. 

The journal transfer area is accessed via the top Finance drop down menu:

The following window will then open:

At this point you choose which nominal accounts you need to credit and debit.  In the above screen we are using the example of bank charges taken from the Client account. 

1. Choose the transaction date that you wish to use via the calendar pop up. 
2. Select the nominal account you wish to debit from the list of Nominal Ledgers set up for your agency.  So funds in this instance will be added to this ledger.
3. Select the nominal account you wish to credit from the list of nominals. In this example the funds will be removed from this ledger.
4. As the transaction is not record specific you do not need to allocate the transfer to any records. You would not want the journal showing on any of the landlord or tenancy records and therefore you can leave these blank.

5. Enter a valid description for the journal - this will appear on the bank reconciliation.
6. Enter the amount.
7. Click the save icon. 

 Once you have saved the journal it will appear for reconciling on the manual bank reconciliation: