![]() Transactions assigned to the Transfer category are excluded from income and expense reports and charts (because it records the movement of money between two accounts that belong to you.)Īssigning the Transfer category (or the Transfer subcategory "Credit Card Payment") does not create or imply a relationship between any other transactions in Quicken, such as transactions in a different account.Īppropriate uses of the Transfer category would include: This special category is considered neither income nor expense. You will find a Transfer category in Quicken's category list. You can use the method that makes the most sense for you or even uses both methods. You can use the special Transfer category to record transfers or you can do a Linked Transfer which actually creates a relationship between two transactions in a separate account. Two types of transfers are supported in Quicken As such, these transactions are neither income nor expenses. You did not spend (you still have the cash), and you did not earn income (you have the same net worth you had before the transfer). Suppose you are moving money from checking to savings. As such, transfers are excluded from Spending and Income reports and charts. Quicken considers a transfer to be neither an income nor an expense transaction. Loan payments from a checking account to a liability account that tracks the balance of the loan.Cash advances from a credit card account to a checking account. ![]()
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