When we want to transfer cash from one branch to another then this feature is used. In Inventory and Supply Chain, when we bring the cursor on the payment menu many functions are seen. Branch Cash Transfer is one of them.
Clicking on this, we can see all the cash transfers made with other branches.
The cash sent to another branch has to be approved by that branch(from the receiver end).
There are two Tabs. The first Tab will show all the transactions made with this branch. The second one will show all the pending approvals.
On clicking the action button, we can see that there are three options.
The first one is view. On clicking this we can view the details.
The second one is delete, by clicking this we can delete the entry.
The third one is ‘changes’. Clicking this we can view the creator's and updaters name.
You can see the status. When you click the second Tab i.e. ‘Pending Receive’, the screen is as follows
All the pending approvals will be displayed here. It can be approved by clicking the status. One thing that should be kept in mind the receiver on receiving the cash will approve it.
The sender can not send the cash limitlessly without approval. This limit period can be set from the organization module as follows User => Organization Setup => Inventory => General/Account/Configuration
Here we can set the number of days. Then any branch can not transfer cash if he crosses the day limit for approval.
