Transfer Question - funds from banking account to an investment account

WJT
WJT Quicken Windows Subscription Member ✭✭
edited December 2023 in New to Quicken/Getting Started (Windows)

How do I transfer money from a banking account to an investment account without it appearing as an expense in my banking account? Is this possible to do? Quicken Classic and Windows

Answers

  • NotACPA
    NotACPA Quicken Windows Subscription SuperUser ✭✭✭✭✭

    Why would you think that it's an expense? You record a Transfer by placing Square Brackets around the name of the Investment account when you record the transaction in the banking account (e.g. [Investment account name]) and Q knows that this isn't an expense.

    Q user since February, 1990. DOS Version 4
    Now running Quicken Windows Subscription, Business & Personal
    Retired "Certified Information Systems Auditor" & Bank Audit VP

  • Ps56k2
    Ps56k2 Quicken Windows Subscription Alumni ✭✭✭✭

    and the [Transfer] is a double door - that single entry will appear in BOTH account registers - with the Category pointing to each other

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