transfers between accounts

Brian's Avatar

Brian

08 Aug, 2011 11:40 PM

How can I account for transactions that are transfers of money between 2 bank accounts. i.e. writing a check to deposit money in a savings account, or bank accounts that sweep $1 from my checking account to a savings account each time a debit card is used? Thanks.

  1. 1 Posted by -Kevin N. on 08 Aug, 2011 11:54 PM

    -Kevin N.'s Avatar

    Hi Brian,
    You would select the Account that you want to transfer money to from the 'Category' drop-down list of the transaction.
    As in your example, you would enter a txn in your Checking Account for the check that you are writing, and choose your Savings Account as the 'Category' of that txn.
    HTH -Kevin N.

  2. 2 Posted by Brian on 09 Aug, 2011 01:23 AM

    Brian's Avatar

    Thats exactly what i needed. Thanks for the help.

  3. Ben Spencer closed this discussion on 09 Aug, 2011 04:24 AM.

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