Cash Account Branch Change

Is there a way that we can change a cash account to a new branch? 



We are are currently using cash account **1234 for branch A and would like to use it for branch B


Best answer by Laura02 20 May 2023, 00:37

View original

2 replies

Badge +18


We can’t change the branch on a bank account that has posted transactions, in Banking module, Cash Accounts screen. 
We can set up a new Cash account connected to the new Branch, and to the same GL Account and Subaccount as the previous bank account. Then we can transfer the remaining balance from the old account  **1234 to the new account *1234, and carry on using the new Cash Account.


To transfer the remaining balance, do we need to do a journal entry?


About Acumatica ERP system
Acumatica Cloud ERP provides the best business management solution for transforming your company to thrive in the new digital economy. Built on a future-proof platform with open architecture for rapid integrations, scalability, and ease of use, Acumatica delivers unparalleled value to small and midmarket organizations. Connected Business. Delivered.
© 2008 — 2024  Acumatica, Inc. All rights reserved