Creating a Bank Transfer
Updated 31 October 2026
A Bank Transfer records money moved between two of your own bank accounts, for example from your current account to your savings account. It is recorded once, against the account the money leaves, and it creates the entries in both bank accounts.
Transfers are often recorded after the money has moved, especially between accounts in different currencies, because the exact exchange rate isn’t known until the bank has made the transfer.
Create a Bank Transfer
- Open Aedon.Bank, click the Bank Transfer tab and click New.
- Choose the From Bank Account the money is leaving and the To Bank Account(1) it is going to. The currency of each account is shown alongside.
- Enter the Date(2) of the transfer and, if you like, a Reference.
- Enter the From Amount and To Amount(3). If both accounts are in the same currency, these are the same. If the currencies are different, enter or check the Transfer Fx Rate.
- Click Add Analysis Codes if you need to record a Fund, Project or other analysis code, and add any Internal Notes.
- Click Save, then Post(4).
Two ends to reconcile
A transfer appears on both bank statements, so it needs reconciling in both bank accounts: as money out of the From account and money in to the To account. Use Refresh Match or Match to Payment on each account’s Reconcile tab. Once both ends are reconciled, the transfer shows the From Bank Feed and To Bank Feed lines it is matched to.
Transfer not matching? Check the date and amounts agree with both bank statements. If it still won’t reconcile, please raise a case and our support team will help.
