Hello, I am new to quickbooks, so apologies in advance.when moving money from business bank account to savings account, what catagory would i put this under? Ian.

Hi Ian, thanks for joining the Community - you can record this as a transfer as it is money moving between accounts. To do this (if you haven't imported the transaction from your bank):

1. Select + New > Transfer.
2. From the Transfer Funds From dropdown list, select the bank account that the money is coming from.
3. From the Transfer Funds To dropdown list, select the bank account that the money is going to.
4. In the Transfer Amount field, enter the amount being transferred.
5. Edit the Date field.
6. Enter a description of the transfer in the Memo field (optional).
7. Select Save and close or Save and new to complete the transfer.
8. Select Yes if you double checked the date.
 

If you have imported transactions in your banking feed for both accounts that aren't entered as a Transfer in QuickBooks, you can record it as a transfer from one account. Then you can match the transaction from the other account. Here’s how to use Match in your banking feed:

1. Go to Bookkeeping, select Transactions, then select Bank transactions (Take me there) .
2. Select the bank account that the transaction is coming from.
3. Find and select the transaction to open it.
Select the Record as transfer radio button. Then, from the Transfer account dropdown, select the account the money was transferred to.
Select Record transfer.
Select the bank account to which you transferred the transaction.
Select the For Review tab. Then select the Recognised filter from the dropdown.
Find the transaction. From the Action column, select Match so the transaction is matched in both accounts.