NAV Intercompany - Bank Transfers

You cannot do a direct intercompany transfer from one bank account to another.

However, you can do a direct intercompany to the bank g/l account, but doing so will not display the transfer on your bank rec.

• One way to deal with this is to create a suspense account for the intercompany money transfer.
• Company 1
• GL Journal
• Bank to transfer suspense
• IC Journal
• Line1 IC Partner
• Line2 transfer suspense, IC Acc No = transfer suspense
• Post and send
• Company 2
• Receive and process
• GL Journal
• transfer suspense to Bank