Transfers
Move money between two of your own accounts without counting it as income or expense.
Sometimes money just moves from one club account to another – for example when you deposit cash from the till into the bank account or put something from the checking account into the savings account. That's what the transfer is for.
A transfer is not an income and not an expense: the club neither loses nor gains any money in the process, it just sits somewhere else afterwards.
Recording a transfer
Choose the from-account and to-account
Choose the account the money goes from and the account it moves to. Both must be your club's own accounts.
Enter the amount and date
Enter the amount and the date of the transfer. A short reference (such as "Cash deposit to bank") helps with tracing it later.
Why doesn't this count in the income and expense statement?
Transfers only change where your club's money sits – not how much it is in total. That's why they affect the account balances but do not show up in the income and expense statement. Otherwise a cash deposit would falsely look like both an expense and an income.