I'll clear up your confusion about the differences between match and transfer in QuickBooks Online (QBO), @Toni O.
To record the money movement between two bank accounts, yes, you'll need to record it as a transfer.
However, if the transaction is downloaded from both bank accounts on your online banking, record the transaction as a transfer and match it to avoid duplicates.
I'll share these pointers for more details about the differences between the two functions:
Moreover, the word "account" in QBO is a general term that keeps track of your transactions and shows your balances. A bank account is one of the account types or detail types.
Additionally, you'll want to reconcile your accounts in QBO to ensure they match your bank statements.
We'll be happy to explain further if you have clarifications about the match and transfer options in QBO. Just click the Reply button and we'll chime in to answer right away. Stay safe.
