Biznivo - Bank Transfer

Important accounting rule: An internal transfer moves money between accounts. It is not recorded as business income or an operating expense.

Transfer Number *

Transfer Date *

Transfer Type *

Currency

From Account *

→

To Account *

Transfer Amount *

Transfer Fee

Reference / Transaction ID

Status

Description / Notes

Transfer Amount KES 0.00

Transfer Fee KES 0.00

Total Source Account Reduction KES 0.00

Accounting treatment: The transfer amount increases the destination account and decreases the source account. Any bank fee will be recorded separately as a banking expense when the full accounting engine is connected.