Tranferring between accounts
How do I cateorize a transaction as a transfer between accounts? For instance a transfer between a savings and checking accoutn?
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1 Posted by Ben Spencer on 16 Aug, 2009 02:36 AM
Hi
To represent a transfer from the savings too the checking account, open the transaction register for the savings account create a new transaction and select the checking account as the category. The transaction is neither income nor expense as your net worth does not change.
Sincerely
Ben Spencer
2 Posted by cpsportsguy on 16 Aug, 2009 01:36 PM
Thanks. This solves the issue. I did not originally see the account options at the top of the category list. I was looking for "transfer" as the category as is the case with Microsoft Money.
Angie Rauscher closed this discussion on 24 Jul, 2011 06:51 PM.