A Transfer represents a transfer of money between two of your accounts, or between your account and an external account.
Transfers are NOT counted as expenses or income, they only affect account balances and Net Worth.
Following are some examples when you might find it useful to use a Transfer:
- Credit card bill payment.
- Large transaction that you don't wish to count as an expense for reporting purposes.
For transfers involving external accounts, please use "NONE" as the account to represent the external account.