1) Click Money -> New Operation -> Create a New Money Transfer.

2) In Outgoing Payment section of the page, select a bank account, date, and payment amount in the currency of the bank account. If the currency of the money transfer is different from the currency of the balance, you will see an additional field with the current exchange rate.

3) In Incoming Payment section of the page, select a bank account, date and the amount received in the currency of the bank account. If the currency of the transfer is different from the currency of the balance, you will see an additional field with the current exchange rate.

4) If the outgoing amount in the currency of the balance is different from the amount received in the currency of the balance, you will see a list of options to distribute your unbalanced amount, including Add as an Adjustment, Add as a Bank Charge, Add as an Exchange Gain/Loss, or In Transit (Leave in the Transit Account).

5) Click Continue. Both outgoing and incoming payments will be created. The operation is completed.  For each payment, the same "In-transit" account will be used to correspond with the money account.

Money transfers between the company’s money accounts are recorded through a transit money account. You can change your transit money account in the default accounts settings in the My Company -> Settings -> Accounting -> Default Accounts. 

You can fill only part of the form - only an incoming or outgoing payment. The form automatically creates the other part of the transfer indicating its type as Money Transfer. The unbalanced amount in the transit account can be written off as correction, bank charge or exchange rate difference.