Transfer
Money moved between two of your own accounts. Not income, not expense; both sides are matched so it is booked once.
In Solo Superstars
Mark a line as a transfer and pick the other account; when the other side is imported it is matched to the same entry. Paying your credit card from checking is the most common case.
Example
Pay $800 to the card: debit 2100 Credit Card 800, credit 1010 Checking 800. Both statements show it; the books show it once.
Codes shown are the defaults a new workspace starts with. Yours may be renamed or renumbered — check Accounting › Chart of accounts. See the full default chart.
Also called
- internal transfer
- card payment (from checking)
Related
- Auto-match — Alison pairing an imported bank transaction with the invoice payment, bill, transfer or payout it belongs to, by amount, date and payee.
- Bank account — A real place money lives: checking, savings, a credit card, a line of credit, cash on hand. Each one gets its own ledger account automatically.
- 2100 Credit Card — The default ledger account paired with a business credit card. What you have charged and not yet paid off.