Bank transfers using bank feeds or bank statements

How to process bank transfers using a bank feed or statement import in Sage Accounting.

If you use bank feeds or you import transactions from a bank statement, use the Transfer option.

When importing transactions, remember that the bank transfer appears on the bank feed or bank statement for both banks.

To avoid duplicates:

• Create the Transfer from one account
• Discard or Match the transfer from the other account

1. From Banking, open the relevant bank feed. 
2. Find the relevant transaction and select the Transfer button. 
3. Select the bank account the transfer is from, and add a reference. 
4. Select Transfer.