Two types of transfers are supported in Quicken As such, these transactions are neither income nor expenses. You did not spend (you still have the cash), and you did not earn income (you have the same net worth you had before the transfer). Suppose you are moving money from checking to savings. As such, transfers are excluded from Spending and Income reports and charts.
Quicken considers a transfer to be neither an income nor an expense transaction.
Some examples of transfer transactions include: That is, any transaction that is not income or expense, just the movement of money from one account to another. A transfer is a special transaction used when you are recording a transaction between two accounts you track in Quicken.
