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April 6, 2021
Question

Can I set up my accounts that when I transfer money from one of my accounts to my main checking that it will show up in the income total on my P

  • April 6, 2021
  • 1 reply
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We transfer money from our other bank accounts for special projects

1 reply

April 6, 2021

Welcome to the Community forum, @actsao01-gmail-c.

 

In QuickBooks Online (QBO), we have the transfer feature that you can use to record a transfer between accounts.

 

To create a bank transfer, here's what you'll need to do:

  1. In the left menu, click the + New button.
  2. Select Transfer.
  3. From the Transfer Funds From the drop-down list, select the bank account that the funds are coming out of.
  4. From the Transfer Funds To drop-down list, select the bank account the funds are being deposited into.
  5. Enter the amount being transferred in the Transfer Amount field.
  6. Edit the Date.
  7. Choose Save and close.

Once done, you can check your account register in the Chart of Accounts to see the recorded transfer.

 

For more information about transferring funds, here's a great resource that you can visit:

Get back to me here if you have further questions about the information above. I'd be more than happy to answer it for you. Have a nice day.