Help center · Transactions
How to record a transfer between your accounts
Move money between your own accounts without it counting as spending.
On this page
To record a transfer in Extrack, open the New transaction modal, tap the Transfer kind button, enter a Debit amount and pick "Paid from" (source account), enter a Credit amount and pick "Paid to" (destination). Save. Both account balances update; the row is excluded from expense totals, budgets and category reports.
Steps
Open the New transaction modal and pick Transfer
Three kind buttons at the top — tap Transfer. The form changes to show two legs: a debit (money out) and a credit (money in).
Fill the debit leg ("Paid from")
Type the Debit amount that left the source account. Pick the source in the "Paid from" picker.
Fill the credit leg ("Paid to")
Type the Credit amount that landed (usually the same as the debit). Pick the destination in the "Paid to" picker. If the bank charged a fee, set the credit slightly lower or record the fee as a separate Expense.
Tip — A "Match amounts" or "Unlink mirror" helper appears between the legs when the two amounts differ, letting you sync them with one tap.
Tap Create
Both balances update; the row appears on Transactions with the Transfer kind.
When to use Transfer
Anything where money moves between accounts you own counts as a Transfer. The most common cases:
- Paying off your credit card from a bank account.
- Moving idle cash from checking to savings.
- Funding an investment account from a bank account.
- Withdrawing cash from an ATM into your wallet.
- Paying down a loan principal from a bank account.
Money to a person (lending) is not a Transfer — it is an Expense with the person tagged and a split set up. See "How to track lending".
Frequently asked
Why is transfer excluded from my budget?
Transfers move money you already own — net worth is unchanged. Counting them would double-count: once when you received the money, once when you moved it.
How do I record a credit-card payment?
Transfer kind. "Paid from" = your bank, "Paid to" = the credit-card account. The bank drops by the payment; the card balance moves closer to zero.
What if the receiving account got slightly less because of a fee?
Set the Credit amount to what actually landed. Then record the fee as a separate Expense from the source, categorised "Bank charges".
Can I transfer between two different currencies?
Yes — enter the Debit amount in the source-account currency and the Credit amount in what actually landed. Reports flags mixed-currency totals; it does not auto-convert.
Related articles
Try this in Extrack
Open Extrack to follow the steps in a live workspace. Free for 30 days, no credit card.
Open Extrack