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| Corporate Practice bd |
Fund Transfer (In-house) Journal-With Practical Examples(Corporate Accounting):
A Fund Transfer (In-house) Journal is used to record the internal transfer of funds between different accounts within the same organization. This journal helps in tracking and managing internal fund movements accurately.
Table of contents:
1.Fund Transfer from Main Bank CD account to Payroll Bank Account
2.Fund transfer from CD#2578 at SJIBL (ABC) to CD # 8625(SJIBL) (XYZ) dt.02.02.2026
3.Fund transfer from One Factory Bank A/C to our Sister Concern Bank Account
4.Encasement from FC#3265 (ABC) to CD# 2863 (YXZ) Against EDF Adjustment dt.29.05.2026
Let’s starts with Practical Examples:
Voucher No. 01
Fund Transfer from Main Bank CD account to Payroll Bank Account (Same Factory account):
|
Ledger Name |
Debit (TK) |
Credit (TK) |
Remarks |
|
Social Islami Bank Ltd. SND- 6450
|
***** |
|
|
|
Social Islami Bank Ltd CD-8960
|
|
***** |
|
Narration:
Fund transfer from CD#8960 to SND# 6450(SIBL) same bank same company dt.25.01.2026
Voucher No. 02
Fund transfer from CD#2578 at SJIBL (ABC) to CD # 8625(SJIBL) (XYZ) dt.02.02.2026 :
In the Books of ABC company
|
Ledger Name |
Debit (TK) |
Credit (TK) |
Remarks |
|
Loan to XYZ Company LTD
|
***** |
|
|
|
Social Islami Bank Ltd CD-8960
|
|
***** |
|
Narration:
Fund transfer from ABC Company LTD CD#8960 to SND# 6450(SIBL) XYZ Company LTD dt.25.01.2026
In the Books of XYZ company
|
Ledger Name |
Debit (TK) |
Credit (TK) |
Remarks |
|
Social Islami Bank Ltd CD-6450
|
***** |
|
|
|
Loan from ABC Company LTD
|
|
***** |
|
Narration:
Fund transfer from ABC Company LTD CD#8960 to SND# 6450(SIBL) XYZ Company LTD dt.25.01.2026
Voucher No. 03
Fund transfer from One Factory Bank A/C to our Sister Concern Bank Account (Same factory):
|
Ledger Name |
Debit (TK) |
Credit (TK) |
Remarks |
|
Social Islami Bank Ltd. SND- 8060
|
***** |
|
|
|
Social Islami Bank Ltd CD-3580 |
|
***** |
|
Narration:
Fund transfer from CD#3580 to SND# 8060 (SIBL) for factory party waste material Cheque purpose dt.25.01.2026
Voucher No. 04
Encasement from FC#3265 (ABC) to CD# 2863 Against EDF Adjustment dt.29.05.2026(same company):
|
Ledger Name |
Debit (TK) |
Credit (TK) |
Remarks |
|
Social Islami Bank Ltd. SND- 2950
|
5,94,0000 |
|
|
|
Social Islami Bank Ltd FC-3580 |
|
5,94,000 |
|
Narration:
Encasement from FC#3265 (ABC) to CD# 2863 $5000@118.80 = TK 594000 Against EDF Adjustment dt.29.05.2026