Cash Transfers (Account 115) is a temporary holding account, used to register received amounts before they are properly allocated.
Ideally, this account should always have a zero balance.
🏦 When is it used?
-
Bank transfer receipts
→ The amount is recorded in Account 115 and automatically transferred to the bank account -
Cash receipts (physical money)
→ The amount remains in Account 115 until the user specifies the destination:- Whether it was deposited in the bank
- Whether it remained in the cash register (Account 111)
- Whether it was used to pay expenses
📥 How to clear Account 115?
To move the balance and define the destination of the funds, go to:
Accounting > Deposits > Process
⚠️ Note: Regularly check the balance of Account 115 and ensure there are no unresolved pending amounts.