A practical walkthrough
Keep cash and other treasury accounts separate
Record where money is held and check each treasury account against its real balance.
English guide reviewed . Button wording can vary by app language and version.
Before you begin
Choose clear names for cash, bank or other treasury accounts. A recorded balance is not a live bank connection.
Follow these steps
Review the treasury accounts
Open the treasury section and identify each account and currency.
Choose the right account
When recording a financial operation, check which treasury account receives or pays the money.
Record transfers correctly
Use the transfer operation when moving money between treasury accounts. A transfer is not new income.
Compare with evidence
Compare cash with a count and bank records with the actual statement for the same date.
A worked example
Moving 300 from cash to a bank account should reduce one account and increase the other without creating 300 of extra revenue.
Avoid common mistakes
- Review currency and direction before saving a transfer.
- Investigate timing differences and bank fees rather than forcing balances to match without a note.