Episode
422: How To Transfer Money Between Accounts In QuickBooks Whether You Are Starting A Business Or Side Hustle, A Solopreneur, Entrepreneur, Freelancer, Accountant, Bookkeeper VA Owner Or Self-Employed
- Published
- Jul 22, 2026
- Duration seconds
- 895
- Processing state
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Summary
One of the questions I receive from my clients is how to transfer funds in QuickBooks Desktop, and QuickBooks Online. Both have an extremely simple way to do this, but if you are unsure about how to do it, or you do it incorrectly, you could be causing your balance sheet and your income statement to reflect the wrong information. Recording all your transactions is important to make sure your bank reconciliation goes smoothly. Making sure each of these transactions is classified to the correct account will not only ensure your transactions are showing up in the correct accounts, but it will also make sure that your balance sheet and your income statement are accurate. You don’t want to overstate your income by recording a transaction that should have been a simple transfer from one account to another. Today I am going to talk about how easily you can transfer your funds with one simple entry. Listen in to this week’s episode if you are getting ready to start your small business, you’re a solopreneur, entrepreneur, small business owner, virtual online bookkeeper or virtual assistant, and you are either looking into or already using QuickBooks Desktop or QuickBooks Online to make sure you are using this simple and effective way to easily transfer funds between accounts… Join us in a community built specifically for accountants and high-stress professionals. You’ll receive support, accountability, and a community that understands what you’re going through. We focus on stress reduction, increasing productivity, time management, goal achievement, health, happiness, and desired lifestyle: https://www.financialadventure.com/community Schedule your Complimentary Stress Audit And Clarity Session, where we’ll work together to create a clear and focused plan and overcome the obsta…