Transfers show as income or expense RRS feed

  • Question

  • I hope someone can help me with this issue. Money has two catagory groups(?), income and expenses. I transfer money between my savings account and checking account pretty regularly. When i run budget reports or income spending reports, these transfers show up as either expense or income depending if i moved money in or out of the account. How can i get Money to either ignore these transactions or how do i catagorize them? (Example: If i transfer the same $100 dollars into and out of my savings account 5 times, Money will show that i had income of $500 and expenses of $500.) Not a big deal alone, but when mixed with ACTUAL income and expenses it makes budgets and reports far less useful. Thanks
    Wednesday, October 5, 2011 4:22 PM

All replies

  • I don't know about budgets.

    If you are referring to the "Monthly income and expenses" report, click Customize on the left. On the Rows&Columns tab, tick the radio button to "Don't include transfers."

    Wednesday, October 5, 2011 5:18 PM