Transactions between two categories

In Income / Expense accounting, a transaction is generally recorded with one account, entered in the Account column, and one category, entered in the Category column.

It is also possible to record a transaction involving multiple accounts or multiple categories, by entering one row for each account or category, until the transaction is complete.

• The accounts to be used in the trasnsactions are those listed in the Accounts table.
• The categories to be used in the transactions are those listed in the Categories table.

When it is necessary to record a transaction between two categories, it is not possible to do so on a single row. A category cannot be entered in the Account column.

Therefore, the transaction between two categories must be recorded over two rows:

• On the first row:
  • Enter the Date and Description in the respective columns
  • Enter the amount in the Income or Expense column
  • Leave the Account column empty
  • Enter the first category in the Category column
• On the second row:
  • Enter the Date and Description in the respective columns
    You can also copy the data from the previous row
  • Enter the amount in the Income or Expense column.
    If necessary, you can reverse the income or expense amount compared to the previous entry.
  • Leave the Account column empty
  • Enter the second category in the Category column