[Video] Transfer money from wallet to wallet

Many users ask us how to record the transfer when they withdraw from bank accounts or deposit to saving account?

You DO NOT need add 2 transactions in different wallets, because with Transfer function it does that task for you. When using Transfer, Money Lover helps you to create 2 transactions: one as inflow and one as outflow.

For example, you withdraw $2,000 from Bank account to cash for daily spend. It will create a Withdraw transaction (-$2,000) in Bank account wallet and Gift transaction (+$2,000) in Cash wallet.

As result, wallet balance of 2 wallets change. We have short video to give you a view of that.

P/s: You can exclude transactions from reports, it means they are not income nor expense, but inflow or outflow.

Want to better understand the report of Money Lover? See the blog.