TRANSFER MONEY WITHIN THE SAME ACCOUNT

Hello and thank you for having me here.

I have a Starling account which is linked to Quickbooks. 

On Starling, they have a good option of opening pocket accounts within the same account to help you put some money on the side for future bills, payments etc. its called (Goals)

I created a couple of Goal savings for the lease and another one for utilities.

Every-time I transfer the money in or out, it is showing on QB as an additional expense.

Theoretically the money is not leaving the account, unless I actually pay the bill, but quickbook is recording the internal movement plus the bill payment.

It might sound a bit confusing, for example, when I put a £100 on the side in one of these sub accounts, QB records it as expense, then when its time to actually pay the bill, I have to move this £100 from the sub account into the account in order to make a payment, so QB records the £100 as paid in again, then paid to the supplier, resulting in the same £100 paid twice out and once paid in.

In summary, the £100 was recorded and paid out towards the sub account, then paid in towards my account again, the finally paid out towards the actual supplier.

Your kind advice will be very much appreciated.

:)