What's the best way to model an electronic funds transfer pull with hold

Ronal B Morse ron at morsehouse.com
Sun Oct 1 13:05:24 EDT 2017


I don't think you can have it both ways.

Money in the float doesn't really belong to you so it won't be reflected 
in your bank statements/online account status.

RBM

On 10/01/2017 10:49 AM, Nelson wrote:
> Hi John,
>
> What I am doing today is exactly you are saying. I have a "pending" account
> and I would record two transfers:
>
> - $10000 bank-a -> pending
> - $10000 pending -> bank-b postdated by 5 business days.
>
> What bothers me with this approach is that when I go online on bank-a I see
> a different balance than I have in GC.
>
>
>
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