Transfering funds between accounts
Here's how you record a funds transfer from one account to another.
- Transfer the funds at your bank or on the Web.
- In Quickbooks, choose Banking > Transfer Funds.
- Enter the date when you want the transfer record to appear in Quickbooks.
- Enter the amount you transferred.
- Select the accounts you want to transfer funds from and to. You'll see the balances of both accounts to the right of the accounts fields.
- (Optional) Enter a memo for the transfer.
- Click OK to save your transfer and close the Transfer Funds window.
Tip: Click Next to save your transfer and go on to a new blank transfer if you've got a bunch of transfers you need to enter all at once.