Enter here a text reference for the transfer using up to 8 characters.

As you enter transactions, this display-only box shows the difference remaining between the debit and credit values. You can only process the transfer when the balance is zero.

Your system date will be entered for you automatically. Change this if required. Use the Calendar to choose the date you require.

Enter the nominal account you wish to be affected by this transaction. Use the Finder button to select from the nominal account list or create a new account.
If you know the first number of the nominal account code you require, for example one, then enter the number æ1Æ then choose the Finder button. The Finder automatically highlights for you the first account code beginning with the number you entered.

Enter an appropriate VAT Code for the transaction. As transfers are normally a movement of funds between accounts that do not involve VAT, the default non-vatable tax code as set up on the Company PreferencesÆ System tab appears here automatically.
Whatever code you use, Sage Line 50 will not calculate the VAT for you; neither will it post VAT to the VAT Control Account.
If you want to include VAT in this journal, enter the VAT element as a separate line, with the appropriate debit or credit to the appropriate VAT Control Account (Sales or Purchases).

The name of the nominal account you have entered will appear automatically. You cannot edit this box.

Each transaction can either be a debit or a credit (not both). Enter any debit value here. You can access the euro calculator from this text box by pressing F5.

If you want to analyse this transaction to a department, enter the department number here.

Each transaction can either be a debit or a credit (not both). Enter any credit value here. You can access the euro calculator from this text box by pressing F5.

Enter a description for the transaction of up to 60 characters.