Move money between cash and bank (Contra, F4)

When to use Contra

Only when money moves between your own cash and bank accounts. Nothing is earned or spent, so no party or expense ledger is involved.

Steps

1. Press F4 anywhere, press C on the Gateway, or click Contra. Press F2 to change the Date.
2. On line 1 choose Dr, pick the Bank / Cash Account receiving the money and enter the amount in Debit (₹).
3. On line 2 choose Cr, pick the account paying it out and enter the same amount in Credit (₹).
4. Enter the Reference / Chq No. and a narration, or click Auto-Write.
5. The Difference must show ₹0.00. Click Save Contra. Clear starts over, and Add Line handles a split across more accounts.

Where it shows up

Both accounts update at once in the Cash & Bank Book. The bank side also appears in Bank Reco until you enter its bank date.