Accounts & transactions

Spending vs transfers

A transfer moves money between two of your own accounts - it isn't spending, so it shouldn't hit a budget category. Here's how transfers work and how to convert a transaction between spending and transfer.

What a transfer is

A transfer is money leaving one account you own and landing in another - moving cash to savings, or paying a credit card from checking. Because the money never left your world, a transfer has no budget category and doesn't change Ready to Assign. Allot records both sides as one paired transaction.

Create a transfer

1. Open the transaction editor with the + button.
2. Switch the top toggle to Transfer.
3. Choose Paid from (the source account) and Paid to (the destination).
4. Enter the Amount and an optional Memo, then tap Save.

Convert spending into a transfer

Imported a payment that Allot logged as spending, when it was really a transfer? Convert it in place - no need to delete and re-add.

1. Open the transaction.
2. Below the Account field, tap ↔ Make this a transfer….
3. In Transfer - other account, choose the account the money went to (or came from).
4. Tap Convert. Allot pairs the two accounts and clears the category - a transfer doesn't need one.

Convert a transfer back to spending

1. Open the transfer transaction (it shows a Transfer leg badge).
2. Tap ↔ Convert to spending.
3. Allot removes the paired side and turns this row back into a normal charge. Pick a category for it and save.

Both conversions are undoable with Ctrl/Cmd + Z, which restores the exact prior shape.

Troubleshooting