In an accounting sense, giving money to pay off the principal of a loan is not an expense. It is a transfer to pay down a liability. Similarly, giving money towards an RRSP (Canada) or 401K (US) is not an expense. It is a transfer to an asset account. These are the transfers that are captured by "Transfer". It is the money to pay down liabilities or increase assets.
On Mon, Feb 5, 2018 at 9:42 AM, Roger Miskowicz <rmisk...@gmail.com> wrote: > I am curious as to what 'Transfer' means in the 'Budget'? > > On Mon, Feb 5, 2018 at 9:19 AM, Fran_3 via gnucash-user < > gnucash-user@gnucash.org> wrote: > > > gnuCash Menue's offer: Actions -> Transfer > > Which seems to allow a simple way to debit one account and credit > > another... right? > > if so isn't that the same functionality as what is called a "Journal > > Entry" ? > > Thanks. > > > > _______________________________________________ > > gnucash-user mailing list > > gnucash-user@gnucash.org > > To update your subscription preferences or to unsubscribe: > > https://lists.gnucash.org/mailman/listinfo/gnucash-user > > If you are using Nabble or Gmane, please see > > https://wiki.gnucash.org/wiki/Mailing_Lists for more information. > > ----- > > Please remember to CC this list on all your replies. > > You can do this by using Reply-To-List or Reply-All. > _______________________________________________ > gnucash-user mailing list > gnucash-user@gnucash.org > To update your subscription preferences or to unsubscribe: > https://lists.gnucash.org/mailman/listinfo/gnucash-user > If you are using Nabble or Gmane, please see > https://wiki.gnucash.org/wiki/Mailing_Lists for more information. > ----- > Please remember to CC this list on all your replies. > You can do this by using Reply-To-List or Reply-All. > _______________________________________________ gnucash-user mailing list gnucash-user@gnucash.org To update your subscription preferences or to unsubscribe: https://lists.gnucash.org/mailman/listinfo/gnucash-user If you are using Nabble or Gmane, please see https://wiki.gnucash.org/wiki/Mailing_Lists for more information. ----- Please remember to CC this list on all your replies. You can do this by using Reply-To-List or Reply-All.
