Bank transfers


Having multiple bank accounts in the cash flow is great as you can see an overall picture of all accounts, but how are transfers between accounts recorded in Float?

Transfers between accounts will be accounted for in the 'Bank Transfers' row in the cash flow table. There are 2 situations where bank transfers would appear differently in the cash flow:

All relevant bank accounts included - when the bank accounts that the transfers relate to are included in the cash flow the 'Bank Transfers' row will show 0. The reason for this is the row will include the transfers out of one account and into another account.

Not all relevant bank accounts included - when a bank account that a transfer relates to is not included in the cash flow the 'Bank Transfers' row will show the negative or positive sum of the transfers. This is due to only seeing one side of the transfers, previously we could see both sides as both accounts were included but as not all accounts are included now we will only see one side of the transfer. So the 'Bank Transfers' row will reflect cash in to or out of the included account.


Powered by Zendesk