Quickbooks 2019 Tutorial for Beginners - How to Transfer Funds Between Accounts

Whether you are transferring money from the checking to the savings accounts, or from a line of credit to the checking account, transferring funds between accounts is a relatively simple process. I do see a lot of people make errors when they transfer funds, however. This video should clear up any issues.

[athenasheffield]

Though I've done this countless times within QuickBooks, thank you for going over it as I love to see if I'm doing it correctly!

[cynthiatrux]

Question
The actual bank removes money from 9887
To put spare change into 5400 savings.
When the bank does these transactions they are not connected but two different transactions.
My questions is:
what is the account to use when transferring it out of 9887 (bank account)
What is the account to use when money is deposited into 5400 (savings account)?
Using that same account say for instant “interest income” on both transactions would wash out the savings? Wouldn’t it?

[jamesoldman]

Have another question which I wonder if you would mind answering.


When printing out reports I have found that sometimes a column either repeats itself or I don't want to print and would like to customise the report, but I can't. find how to eliminate columns. Watched a couple of videos here and what they show how to delete a column just does not work for me. Any suggestions?


Have QuickBooks 2018 Desktop non profit version.


If you have a video on this topic would love to watch it.



Thanks

[jamesoldman]

I use "Make General Journal Entries" through the company tab for all transactions. I have now closed a savings account and want to move that money into another savings account. I looked at the "Transfer Funds" and I can see no way to account for the interest and as the account is with a Credit Union I also get the return of shares that one purchases with each account. Should I stick with using the Make General Journal Entries? How do I account for the money received from the shares? Can this be included as interest earned?

I am using 2018 Pro for Non Profits Thanks for any help.

[gamesforusinc]

How do you Transfer a Credit Card balance to another Credit Card? I have been on the phone with QB and they can not figure it out. The Bank Transfer option will treat the Credit Card transfer like a transaction and double the amount instead of removing it. Credit cards are not vendors so i tried other methods following QB help center online with instructions, but this does not work. I am using QB PRO Desktop. Thank you much!!!

[hashir]

Dear Brother by mistake i have filed the VAT return and pressed the pay later button now how to revert back the filed VAT return and undo this transaction in quickbooks 2019

[sharimccall]

I do not have the class feature and can not find where to allow it to show up on the the transfer -2019 version

[weloveourcats]

How long will the fund come to receiver?

[TheOrganiclady]

Can I find a history of transactions done this way? Thank you.

[yisselcaraza]

How I can know how enter this transfer

[martis]

Can a transfer funds transaction become a memorized transaction?

[tori]

QB-online matches transfers. QB-desktop does not?