Transfers
A transfer records the movement of money between two accounts — from checking to savings, or from a bank account to your credit card to pay a bill.
Why transfers are not expense
Bluecoins follows standard accounting principles. A transfer is journaling a movement of funds from one account to another; the expense was incurred when the credit purchase happened. Paying off a debt only shifts value between an asset and a liability, which nets to zero impact on your net worth and bottom line — so transfers are never counted as expense or income.
Creating a transfer
- From the transaction editor, choose type Transfer.
- Pick the from account and the to account.
- Enter the amount. If the two accounts are in different currencies, you can set an exchange rate; Bluecoins converts at the configured rate (see Multi-currency).
- Optional note, date, and labels.
Behavior highlights
- A transfer appears once in each account’s ledger (outflow on one side, inflow on the other), correctly linked.
- In the Cash Flow and Net Earnings reports, transfers are excluded — they don’t add or subtract net worth.
- In the Balance Sheet, a transfer just moves the balance from one account to another; totals stay unchanged.
- The picker supports search while typing, and both accounts’ pickers remember your recent choices.