How to transfer money between wallets?

In this article, the sections comprise:

1. How to transfer money
2. Transfer fee

1. How to transfer money

If you want to transfer the balance from this wallet to another, follow these steps:

• Step 1: Go to the Transactions tab.
• Step 2: Select the vertical three-dot menu in the upper right corner of the screen.
• Step 3: Choose "Transfer money" and fill in the required information.
  • Position 1: The amount you want to transfer.
  • Position 2: The wallet from which the money is being transferred.
  • Position 3: The category indicating the purpose of the transfer. The category will be automatically filled as "Outgoing Transfer", but you can change it if you wish.
  • Position 4: Note for the transfer.
  • Position 5: The wallet to which the money is being transferred (the receiving wallet).
  • Position 6: The date of the transfer.

• Step 4: Select "Done" to save transaction.
  After you press the 'Done' button, two transactions will be automatically created to represent one outgoing transaction (expense) and one incoming transaction (income).

Note: Money transfer transactions will automatically be excluded from the report. You can change the status by turning off the "exclude from report" button.

2. Transfer fee

In some cases, such as withdrawing money from an ATM or transferring money with a fee, you will need to add the fee when creating the transfer transaction. The app will then automatically generate three transactions: the transfer, receiving the money, and the fee.