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Branch to Branch Entery Can I Pass?

This query is : Resolved 
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(Querist)
16 May 2011 We Have 4 branch. HO In Pune. Some Time Fund Direct transfer to One Branch to Other Branch that time Can I show entry fund transfer to Other branch.?

Or

First show fund come to HO and Transfer to Other Branch?

What can i do here?
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CA. Aryendra

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CA. Aryendra (Expert)
16 May 2011 You can opt both the option.

Option Direct Entry 1. No Entry At H.O.

Transferring Branch

Branch A Dr
To Bank

Receiving Branch

Bank Dr.
To Branch B

2. Option 2 Entry Through HO.


1. HO. Dr.
To Bank

(Fund Transfer To A Branch

2. Bank Dr.
To H.O.

(Fund Received From B Branch)

3. Entry in HO Books

Branch A Dr.
To Branch B
(Fund transferred by B Branch to A Branch)
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CA. Aryendra

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CA. Aryendra (Expert)
16 May 2011 Option 2 is better for controlling point of vies.
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