Skip to content
  • Register

    • Transferring between Banks

    Quicken Windows Other Member ✭✭
    edited January 2024 in Registers & Transactions (Windows)

    When money is transferred from one bank to another, it often takes more than one of two business days to complete. Is there a way to enter a transaction with different dates on the sending and receiving sides?

    Tagged:

    Answers

    • Quicken Windows Other SuperUser ✭✭✭✭✭

      You would need to set up a new holding account for Funds in Transit to run it through. But does it really need to be entered on the right days on both sides? A couple days shouldn't make much difference. I would just use the receiving date on both.

      I'm staying on Quicken 2013 Premier for Windows.

    • Quicken Windows Subscription Member ✭✭✭✭

      The only time this "bugs me" is when I'm transferring a large sum of money from one account to another, say from my savings account in a different financial institution that pays better interest to my checking account. Because it gets entered on the withdraw it makes it look like I have more in my checking account than I should which could be a potential problem if one isn't careful about not overspending that account.

      When talking about the opposite say paying for a credit card, it actually is "right" as far as I'm concerned to "remove the money from the checking account" immediately.

      Signature:
      This is my website: http://www.quicknperlwiz.com/
    This discussion has been closed.

    Welcome!

    It looks like you're new here. Sign in or register to get started.
    Sign In
    Register

    Quick Links

    Categories