Transferring $ Between Categories

 

Remember, this isn’t “real” money moving around – it’s budget money.

You could set up a bank account (Banking > Add Bank Account), naming it “Xfer between categories” and then run any transfers through this account.

 

Here’s what it might look like:

Make a withdrawal from the Bingo category using the “Xfer between categories” bank account.

Next make a deposit into the Playground category for the dollar amount you want to move using the same bank account, “Xfer between categories”.

Note: This will overstate your income & expense at the end of the day though. So, you’ll want to keep that in mind if you fill out the 990 or 990EZ for the IRS each year. 

 

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