Moving money from one account in LessAccounting to another is considered a fund transfer. There are several types of transactions that can be considered fund transfers. The key thing to remember is that you're moving money from and to accounts that are both set up in LessAccounting.
Examples of fund transfers:
Credit card payments
Transfer from an operating account to a payroll account
Transfer from Paypal to your Checking Accounts / vice versa
ATM Withdrawal to add to your cash box
Generally, transfers between any two accounts you have set up in LessAccounting
Our app tries to guess which transactions are transfers and lists them as Possible Transfers under Troubleshooting in the Transactions page. Simply tell us which are really transfers, and which aren't.
Notes about our possible transfers:
LessAccounting will try to highlight what we think are possible transfers between accounts. The way we pick out possible transfers is this: An amount is debited from one of your accounts and that same amount is credited to another account within 5 days of each other. (For example, if we see that $500.25 was taken from your bank account on 12/1 and $500.25 was credited to your credit card account on 12/3, then we add that to your possible transfers list.)
BOTH accounts need to be set up in LessAccounting for the Possible Transfers to work. That is, you have the account the money is leaving from, and the account the money is entering into, set up in the app.
In some scenarios where we do not catch the transfer, you can manually create it by clicking the + Transfer button in the top right corner of the Transactions page. Just be sure to delete the original deposit and expense transactions to avoid having duplicates / causing balance discrepancies.