Set up for 2 bank accounts for one property

Setup & Support
1

If I have 5 properties and each property has both a savings and a checking account - do I import both bank accounts into the property register?

I transfer money between these accounts - I would like to mark a transfer (for example) that goes FROM checking TO the associated savings account so that the two transactions are linked.

Also, I often transfer to outside accounts - how do I account for that?

Thanks

2

@vraimonde Yes, we would suggest linking each pair of accounts to the specific property. Then use the “Transfers” category to keep track of the transfers. Anything categorized as a “Transfer” will be excluded from your dashboards and financial reporting. Hope that helps!

1 Like
3

Thanks!

Valerie Raimonde