Skip to main content

Transactions: Transfers Between Accounts Should Not Show as Expenses

Amma Lartey

It would be great if transfers between two accounts can be entered in as transfers and not add to the expenses.

5

Comments

8 comments

Date Votes
  • Official comment
    Travis

    Thanks for the idea—we really appreciate you sharing it! It’s definitely something we’ll keep in mind for future improvements.

    Here’s our current guidance on handling Transfer Transactions.

  • Francisco Cabral, Proud to be Debt Free
    Edited

    This is where my wife and I are stuck. How do we handle account “transfers” in EveryDollar?

    Should we create a budget category and simply call it account transfers? And drag all our transfers into that bucket?

    Please help

    3
  • Angie Foster-Hintz

     I agree, we transfer money from our savings and retirement accounts almost every month to cover our expenses.  We don't keep all of our money in our checking account.

    1
  • Jared Malecki

    Do we just delete Transfers? thats what I have been doing

    4
  • Tamara Soto

    Agreed. I am not sure what to do with transfers between accounts as well as interest. Needing explanation how this works.

    3
  • Rachel Prief

    I get so lost trying to get that figured out!! My paycheck goes straight into my checking and I manually move money into my other accounts from there. So now I am stuck with a bunch of transfers that don't add up for me.

    0
  • Janet Pyne

    The same thing has happened to me as well. 
    Since I took that out, my whole budget has messed up in how much I have spent this month. Will someone answer this group chat with Every Dollar next week? Thank you. 

    -1
  • Tammy Barker

    Huge struggle with this

    please clarify

    thank you

    0

Please sign in to leave a comment.

Didn't find what you were looking for?

New post