How to transfer funds between bank accounts in AcboBooks

In this lesson you will

Record a transfer between two of your accounts
Know when to use a transfer instead of a check or deposit

Before you start

Set up bank and credit card accounts

Transfer Funds form moving 2,500.00 from Checking to Money Market

Make the transfer

Step 1: Open Banking → Transfer Funds

Choose where the money comes from and where it goes, the date it moved and the amount. Add a memo if it helps you remember why. Click Transfer; a green banner confirms it.

Transfer from: the account the money leaves.
Transfer to: the account it goes into.
Date: the day the bank moved it.
Amount.
Transfer posts it.

Transfer Funds form with Checking, Money Market, date, 2,500.00 and the Transfer button

Good to know

Step 2: Transfers in Bank Feeds

If you import both accounts' statements, Bank Feeds spots the two halves of a transfer and offers Add as transfer, so you don't need to enter it here as well. If you enter it here first, the bank lines match it and you click Accept.

Step 3: Change or delete a transfer

Find it in Activities → Transactions and open it to edit, void or delete it.

Careful: Don't record a transfer as a check to an expense account or a deposit from an income account. That would overstate both your income and your expenses.

Recap

You can record a transfer between two of your accounts.
You know that a transfer is not income or an expense.

Saved in this browser only. No account needed.

Questions

Can I transfer to a credit card?

Yes. That is how a card payment is recorded; see Reconcile and pay a credit card.

What about money the owner puts in or takes out?

That isn't a transfer between business accounts. Record it as a deposit from, or a check to, an equity account such as Owner's Equity or Owner's Draw.

Screenshots from AcboBooks 0.2.2 with the built-in sample company. Updated October 25, 2026. Your screens may differ slightly with another version or window size.

Transfer money between accounts