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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

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Accepted answers

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

All comments

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

Jillavl

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

Jillavl

Thanks, RickO! Good idea.