Bank Transfers Tutorial

Joomla Bookkeeping allows you to move money from one bank account to another, and will automatically update all the transactions accordingly to leave the correct trace.

For this example, I have set up a clean install, and then set up two bank accounts, each with £1000 in. We are going to transfer from the Business Bank Account, to the Business Savings Account, as this is something we do every time we are paid, to save for the tax man.

The next thing we will do, is goto "Transactions" in the main menu and then click on the "Bank to Bank Transfer" button at the top. This will open this little light box window. 

You can see there I have filled it in with some example info, to transfer £100 from my Business Account, into my Savings account ready for the tax man at the end of the financial year. I have also added in a description text, so you can see where this will go in the system later on. This will also allow you to record why you transferred it, because in a year or two time when you look back at this, you will have probably forgotten.


You can now see that £100 has moved out of the Business account, and into the savings account, and the comment has been added as a reference to both transactions.


And now in the bank accounts you can see that £100 has left the business account and moved to the savings account.