I am looking to post a Journal entry to show movement of money from one GL account to another, but this money should also transfer from one branch to another, and show correctly on the individual branches' Trial Balance sheets.
I have a numbering series set up per branch for Journal Entries, which means I am unable to post a JE with more than one branch in, even if it balances. Also, if I posted to an intermediary/clearing account this would remain unbalanced, unless the financial reports are run for all branches.
I also can't replicate the posting in each Branch as that would just double the movement amount.
I am currently making the transaction under 1 branch, then making subsequent transactions from the GL account under the 2nd branch, but I was hoping there was a neater way to do it that completely separates the movements and moves the amount definitively from one branch to another.
You must be a registered user to add a comment. If you've already registered, sign in. Otherwise, register and sign in.