How to keep track of transfers
Hi! For example, I keep most of my money in the high yields savings account, but when I transfer money from that account to my checking account to help pay for credit cards and what not, how do I reflect that? Or is it a simply and update of the starting balance at the start of the month?
Also, do you keep track of what is taken out of your paycheck for retirement- would you put that under investment ?
Carrie
Apr 20, 2025
I get my income in one main account and then split it into smaller accounts. In my sheet I mark those transfers as âexcludeâ so income isnât double counted. But if I also exclude them in the smaller accounts, the inflow doesnât show â so I canât see how much is left in each one.
How can I set this up so income is only counted once, but balances in the smaller accounts are still correct?
After me
Aug 20, 2025
You can use the exclude category for transfers. It will not be included as income/expense. Starting balance is just used once when setting up the sheet.
As for the retirement payments, I would just make my own category for it.
Larsen
Apr 24, 2025