Transfers are really important, especially if you move money between checking, savings, cash, credit card, or goal accounts. In MoneyCoach, a transfer records both sides of the movement: money leaving the sender account and arriving in the receiver account.
Step-by-step guide
- In the Overview, tap the floating "+" button.
- At the top of the New Transaction screen, switch the segmented control to Transfer.
- Enter the amount you want to move.
- Under Sender, select the account the money is leaving.
- Under Receiver, select the account the money is going to.
- If you want more context, use the bottom buttons to add transaction details, a repeating schedule, an attachment, or a location.
- Tap Save. On iPhone, the save button appears in the calculator bar; while entering an amount it may show as a checkmark.
Additional information
When you are transferring money between two accounts that use different currencies, MoneyCoach shows the receiver amount and exchange rate next to the sender amount. You can edit the receiver amount directly if the automatic conversion does not match the real amount that arrived.
