Transferring Funds in QuickBooks Desktop

QuickBooks Desktop transferring funds

Written by Rebecca Doyle

June 15, 2020

Have you ever had to move funds from one checking account to another? Or perhaps from a checking account to a savings account? QuickBooks Desktop has a feature to make recording these types of transactions easy.

From the menu bar, go to Banking and select Transfer Funds. The box below will appear:

Transfer Funds - QuickBooks

  • Enter in the relevant information:
    • Date
    • Account to transfer funds from
    • Account to transfer funds to
    • Class (if applicable)
    • The amount of the transfer
  • Save & Close if there is only the one transfer to record
  • Save & New if there are more transfers to record

In only a few simple steps, using this Transfer Funds feature will help keep these types of transactions recorded and organized for future reference.

Please contact a member of the Hawkins Ash CPAs QuickBooks team if you have any questions or need assistance regarding this topic.

 

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Rebecca Doyle
I am a Certified Payroll Professional (CPP) and Advanced Certified QuickBooks ProAdvisor, providing payroll and accounting services to businesses. I joined the Hawkins Ash CPAs Green Bay, WI, office in 2003.

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