Transferring funds between accounts


show more Transferring funds between accounts provides you with in-depth training on Business. Taught by Sally Norred as part of the Quicken 2014 Essential Training show less
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Transferring funds between accounts

When you transfer money between accounts one account balance increases and the other account balance decreases. But your net worth remains the same. Remember, in Quicken there's a category group for transfers. These include transfers between accounts that you've added to Quicken. Quicken records a transfer in your transfer from account register and automatically creates a matching transaction in the transfer to account. The category field in a transfer transaction shows the other account involved. For example, if the current account is the account you're transferring money from, the category field will display the account you're transferring money to.

Here's an example. I'll show that since she's transferring $100 from her savings account to her checking account, we'll select Transfer, and Jeannie's Checking. Press Enter on your keyboard, or Save in that transaction line to save the transaction. We'll verify that in her checking account, now this transaction show...

Transferring funds between accounts
Video duration: 1m 21s 2h 44m Appropriate for all

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Transferring funds between accounts provides you with in-depth training on Business. Taught by Sally Norred as part of the Quicken 2014 Essential Training

Subject:
Business
Software:
Quicken
Author:
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