payees on transfer different

[Jack]

On 2019.02.06 15:43, Scott Lair wrote:
> Hello,
> 
> I've got a transfer transaction from a checking to a savings account.  
> I noticed that the payees were different in each account. I did not  
> think that was possible. I edited the .kmy file and fixed it, but now  
> I'm wondering if it's a bug. If not, I'm not sure what I did to make  
> this happen.  Also, is there a way to audit the file to make sure  
> that this situation hasn't occurred again?
> 
> thanks much
> 
> Scott
I'll leave it to others to comment whether this is valid or not from an  
accounting perspective,   However, if you had a single transaction  
where you got money from one Payee and then passed it on to a different  
one, the that seems like a valid case for the two splits of a  
transaction having different payees.  I think most income or payment  
transactions have one split with a payee and the other split with an  
account, but no payee, but not the same payee on both splits.

In my own file, I (almost) never have a payee on a transfer.  A  
transfer is moving money between two different accounts.  I always use  
a payee to show where money comes from or goes to when transferred into  
or out of one of my accounts.  Transferring between two of my own  
accounts does not involve any external party, which is how I always see  
Payees.

As for how a transfer gets a payee, I find that most commonly happens  
when I import the transaction, and the payee representing the  
institution is often used.  I just delete it, since I would only use  
that payee for interest income or fees or similar.

Jack