Hello, vcbkpr.
I'll share the best practices to avoid mistakes when moving funds from one account to another in QuickBooks Online.
You can use the Transfer feature to record a transfer between two accounts. I'll show you how.
- Click the + New.
- Select Transfer.
- From the Transfer Funds From dropdown, select the bank account that the money is coming from.
- From the Transfer Funds To dropdown, choose the bank account that the money is going to.
- Enter the amount being transferred in the Transfer Amount field.
- Edit the Date field.
- Enter a description of the transfer in the Memo field (optional).
- Hit Save and close or Save and new to complete the transfer.
- Select Yes if you double-checked the date.
You can review this article for more details: Transfer funds between accounts.
I've also included the following resource below to help you manage your banking transaction if you connect your bank account to QuickBooks Online:
Fill me in if you have other questions about handling transferring funds in QuickBooks. I'll be happy to help you. Stay safe!
