Handling cash transfers amongst accounts in the same bank

RJC

I have several accounts at a bank and I often transfer money from one to the other - savings to checking, checking to money market, checking to savings, etc. I see the deposit reflected in the correct account, but I do not see a corresponding withdrawal on the originating account. Anyone know how to ensure that there's a corresponding debit and credit in this situation? Much appreciated!

RJC

It's the latter case.. Made the changes and it works great. Thank you so much for your help!!!

Happy New Year!

NotACPA

Do you want Q to initiate the transfer at your bank?  Or, simply, record the transfer that you made?

For the latter, record the transfer in the Originating account and use as the category the name of the other account enclosed in Square Brackets, e.g. [Second account name]

RJC

It's the latter case.. Made the changes and it works great. Thank you so much for your help!!!

Happy New Year!