Hi, @fairfield-impex. I'll share insights about categorising transactions in QuickBooks Online (QBO).
You can categorize these transactions in QBO by creating a new bank account for the other bank and recording the transfers as transfers between accounts. Refer to this article for more information: Transfer funds between accounts. It will ensure that the transactions are properly recorded and reconciled in your books.
You can also assign a specific category to these transactions to track them separately. Also, I highly recommend consulting with your accountant since they can help determine which one best suits your needs. This way, your account and books will stay accurate. If you're not affiliated with one, you may visit this link: Find an Accountant.
I've added these resources in case you want to review the process of recording an expense for personal use:
I'll be in the Community space if you have further questions categorising transactions in QuickBooks, @fairfield-impex. Just hit the reply button and I'll provide the necessary help.
