Transfers and account balances

Transfers move money between accounts you track.

Record transfers

Use transfer transaction types when money leaves one tracked account and enters another. This avoids counting the movement as income or spending.

Initial balances

Initial balance is the starting point for an account. Transactions after that point explain changes from the baseline.

Consolidation entries

Use balance adjustments only when you need to reconcile an account to reality and cannot represent the difference with normal transactions.