Reclassifying a deposited check from another account

Tad1966
Tad1966 Member
edited June 5 in Managing Your Transactions

One of my accounts has to cut me a check for any withdrawal. When I deposit the check, of course it shows as a deposit and is classified as income. How do I reclassify as 'transfer' so it isn't reflected in my income for the month.

Thanks

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Best Answer

  • SRC54
    SRC54 Superuser ✭✭✭✭✭
    Answer ✓

    All you need to do is use the account that you withdrew it from as the category. That will make it a transfer. You can enter it manually beforehand or change it after it downloads. Or you can just categorize it as a transfer without tying it to your other account. It’s your choice.

    Steve
    Quicken Simplifi (Safari & iOS) Since 2021
    Quicken Classic (MacOS) Since 2009
    MS Money (1991-2009) and Dollars & Sense (1987-1991)

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