# Bank transfer to one bank to another within Stessa

**URL:** <https://community.stessa.com/t/bank-transfer-to-one-bank-to-another-within-stessa/11122>\
**Category:** Tips & Tricks\
**Created:** [June 23, 2023, 8:41pm UTC](https://community.stessa.com/t/bank-transfer-to-one-bank-to-another-within-stessa/11122 "2023-06-23T20:41:39Z")\
**Posts on this page:** 1\
**Page:** 1

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**Author:** ![willkoinvestments](https://avatars.discourse-cdn.com/v4/letter/w/ad7895/32.png) [@willkoinvestments](https://community.stessa.com/u/willkoinvestments)\
**Post date:** [June 23, 2023, 8:41pm UTC](https://community.stessa.com/t/bank-transfer-to-one-bank-to-another-within-stessa/11122/1 "2023-06-23T20:41:39Z")

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Hi All,

I am new to Stessa.

I have two LLCs within Stessa. I transfer some money from LLC1 (100% owned by me) to LLC2 (50% owned by me). What is the best way to categorize this transaction? If it makes a difference, money was transferred from LLC1 to LLC2 to cover a large remodeling project.

In LLC2’s bank transaction, would this be a transfer → owner’s contribution?  
What would LLC1’s transaction category be? just a transfer, no sub category? Does what you pick affect any P&L stuff when it comes to filing taxes at the end of the year?

TIA!