Transfer between bank accounts is counted as Income

Jillavl

Hi. When I transfer funds between bank accounts, they show up as Income. They are not income; how can I turn that off?
Thanks much,
Jill

UKR

How are these transfer transactions categorized? They should be made using

Category = Transfer:OtherAccountName to create a properly linked transfer transaction

Reports should then show them as neither Income nor Expense, but as Transfer

RickO

Jillavl said:

Aah, I see how this is done. It looks like I must make this adjustment to every report I use. Is there not one place I can set this as default? Thanks.

There is not one default for the report setting. But you can save a generic report with this setting changed as one of your custom reports in My Reports and then start with that instead of the regular default report.

dondgc

On the PC version (which might be completely different - I apologize if so) go to report settings, then select the advanced tab, then make sure "exclude all transfers" is selected.

Jillavl

I am sorry, but I can't find where report settings is. Can you help? I run Quicken on a Mac.

Jillavl

Aah, I see how this is done. It looks like I must make this adjustment to every report I use. Is there not one place I can set this as default? Thanks.

UKR

How are these transfer transactions categorized? They should be made using

Category = Transfer:OtherAccountName to create a properly linked transfer transaction

Reports should then show them as neither Income nor Expense, but as Transfer

RickO

Jillavl said:

Aah, I see how this is done. It looks like I must make this adjustment to every report I use. Is there not one place I can set this as default? Thanks.

There is not one default for the report setting. But you can save a generic report with this setting changed as one of your custom reports in My Reports and then start with that instead of the regular default report.

Jillavl

Thanks for much for your help; problem is solved. Be well, Jill

Jillavl

Thanks, RickO! Good idea.