Quickbooks Online transfers

You can only choose bank accounts when creating a transfer entry, huffmt. I can elaborate on the details below while providing another way to designate accounts.

Transferring funds doesn't involve income and expense accounts, as only bank accounts are impacted. This is why there's no option to associate or display which ones the funds come from and against.

As a workaround, consider entering them in a journal entry to see the accounts linked in the transaction. However, it won't be referenced as a transfer anymore. Thus, I highly recommend consulting an accountant before proceeding so you'll be guided accordingly.

To create a JE and view the associated accounts, follow the steps below:

1. Go to the +New icon and select Journal entry under the Other column.
2. Add the checking account on the first line and specify the expense account where the funds came from on the second line.
3. On the third and fourth lines, determine the receiving savings account and income account.
4. Search for the Checking and Savings account one at a time to access their bank register and hover your mouse over the entries.           

Moreover, our QuickBooks Live Expert will help you if you don't have a bookkeeper. Explore this service now to receive appropriate guidance on monitoring your business finances.

Furthermore, here's an article with detailed instructions on reviewing your accounts in QuickBooks to ensure they match your bank and credit card statements: Reconcile an account in QuickBooks Online.

For future reference, refer to this link for tips on resolving matters you may encounter: Fix issues the first time you reconcile an account in QuickBooks Online.

Comment on this thread for additional concerns about moving funds from one account to another. If you have inquiries about the reconciliation process moving forward, add them below so I can get back to you as soon as possible.