Transferring amouts from Cheque to Saving Account...

[Jack]

Hello Davie,

On 2017.05.28 19:24, zed wrote:
> KMMoney v4.6.6 on LinuxMint v18.1
> 
> My mind has turned to mush :-(
Don't worry - it happens to all of us at times.
> 
> I have set up a Cheque Account and a Savings account and from time to  
> time transfer amounts between the two.
> 
> I open the Ledger and click on Transfer and am presented with a "Pay  
> to/From" option and a "Transfer to" option.  Right, should be simple,  
> shouldn't it?  But this is where my brain refuses to co-operate and  
> whatever I do, after I enter the date and amount I cannot save the  
> entry.
The one critical piece is that you have to tell it where to transfer  
the funds.  In this case, you need to use the Transfer to field and  
either select the other account, or start typing it's name, and the  
list of choices should narrow to make it easier to select.  Depending  
on whether you are in the sending or recieving account, you can change  
the direction of transfer by the first drop-down - startin g at "Pay  
to" but the other choice id "From."  What is probably the most  
confusing issue here is that you do not need to put anything in that  
field next to "Pay to."  As with Deposit and Withdrawal transactions,  
it lets you specify a Category.  However, for transfers, I think it is  
rare that you need to do that.  Categories are mostly used to track  
where your money comes from and where it goes to.  A transfer is just  
moving money between two of your accounts, so a category is rarely  
needed.  It might be used if you wanted to track the different reasons  
you transferred money between accounts - but it is up to you.

> As most of my transfer entries would be from the Cheque Account to  
> the Savings Account, what options should I choose to effect the  
> transfer, please?  I am in the Cheque Account Ledger.

> I have read the comprehensive KMM Manual but cannot find anything  
> dealing with what one actually does with Transfers between accounts.
> 
> Regards from New Zealand on a very cool and cloudy Monday morning.
Also cool and cloudy here in Connecticut, but still Sunday evening :-)

Write back if this isn't enough to clear the cobwebs.

Jack