Quicken Community is moving to Single Sign On! Starting 1/22/21, you'll sign in to the community with your Quicken ID. For more information: http://bit.ly/CommunitySSO
Categories vs Transfers
I've used Quicken for years but have always been confused about the category vs transfer choice. Simply speaking, I believe that transfers are for monies moved between my accounts and categories are for money spent or deposited to or from outside accounts? So how do I handle a monthly saving deposit going from my checking to savings account? If I use transfer because it's between accounts, it does not show on my Income and Expenses report as a monthly budgeted expense. If I use a category like "Savings", it does not show up either as the deposit is off set by the withdraw since both accounts are in the report. How can I see my monthly savings included in my budget and in my reports?
This discussion has been closed.