Hello there, Gotmilk.

You can run a quick report for the checking account. Then, filter it to show the designated funds account only. This will help you track the running balance.

Just follow these easy steps:

1. Click Accounting.
2. Choose Chart of Accounts. 
3. Look for the checking account.
4. Click the View register drop-down arrow, then choose Run report.
5. Click Customize, then click Filter.
6. Click the Account drop-down arrow, then choose the account for designated funds.
7. Click Run report. 

Don't hesitate to get back to this thread if you have further questions.