Talk:How to Transfer Funds Between Financial Accounts

Overall feedback

• use short and clear setences, that helps to better understand.
• please use a formal tone, avoid the use of "You should...." make it impersonal.
• list and describe the three execution steps of this how to, by taken into account that we need to explaing clearly why it is required to do something, as well as the setup required mainly for getting the proper accounting.
• regarless the focus on this how to can be the transfer of funds between bank accounts within the same organization, explain what should be diferent in case of transferring funds between cash accounts and in case of transferring funds between bank or cash account which do not belong to the same organization.
• do not use Openbravo application images unless what it is going to be shown is very relevant. All these images need to be customized and we want to avoid putting a lot of effort on maintaining customized images all along documentation.
  

psanjuan 11:35, 27 June 2012 (UTC)

Objective

I would state from the very begining that bank and cash accounts in Openbravo are financial accounts, therefore I would say something like: "This how to describes how a company can transfer funds between bank and/or cash accounts. In Openbravo bank and cash accounts are represented as Financial Accounts. psanjuan 12:40, 26 June 2012 (UTC)

I would rephrase next paragraph as: "There are several kinds of funds transfers depending on the financial account type used and the organization for wich the transfer of funds takes place:

• From a bank account to another bank account within the same organization
• From an organization bank account to another organization bank account
• same applies to cash accounts.

psanjuan 12:49, 26 June 2012 (UTC)

Finally, "Objective" section should describe a business scenario/s where this kind of transfer of funds needs to take place. Something like: There are many situations in which companies need to adjust bank and cash accounts: a check deposited in the wrong bank account, a bank account out of funds...etc.. Please review "Objective" section of the how to template document.
psanjuan 10:55, 27 June 2012 (UTC)

I've rephrased a little bit last part of this section.

Recommended articles

Added. psanjuan 11:15, 27 June 2012 (UTC)

Execution Steps

Introduction section renamed as Execution Steps.
In order to be consistent with the template, please start this section as:
"In Openbravo, the company in this example will have to....." List the steps very briefly to be explained more in deep later on, including the reason why we do need those steps.

I'd recommend not to duplicate information but just create 3 sub-sections and get into each section the correspondent workflow explanation, accounting and example.

Sub-sections could be:

• GL item creation
  • state clearly that we need a GL item to account or post the bank in transit balance until it is finally accounted in the bank where funds are being deposited.
• Creation of the withdrawal transaction
  • in the bank account where funds are taken from
• Creation of the deposit transaction
  • in the bank account where funds are going to

Please review "Execution Steps" section of the how to template document.
psanjuan 12:38, 27 June 2012 (UTC)

You could add two new section to briefly explain below two scenarios:

• transfer of funds between cash accounts within the same organization
• transfer of funds between bank or cash account from one organization to another one

There is an important need to describe this coming from customer sites. Please get in touch with psanjuan for help in obtaining particular advice if needed.
gcomlish 18:30, 27 June 2012 (UTC)

Please do not simply state that: "As shown in the image above, a new transaction is created in the Transaction Tab. If you want to see the accounting for this transaction, go to the Accounting History tab.", because:

• the accounting is created only if the transaction is post, please explain how a financial transaction can be posted, the accounts used (it is not 100% clear that the account use is the Financial Account "In Transit" account), and paste the accounting same way as shown in the how to template, section: Objective.
  

psanjuan 12:51, 27 June 2012 (UTC)

Result

Please add the content of this section. You can find an example here
psanjuan 18:30, 27 June 2012 (UTC)