How do i record transaction between two operating accounts tied to same organization

Good day, mvolz!

Let's record these transactions based on the actual scenarios that had happened.

Did you transfer funds from one bank account to another, then paid the expenses? If so, we'll need to use the Transfer option to record the fund transfer first, then the paid expenses.

Here's how to record a fund transfer:

1. Go to Plus icon.
2. Under Other, select Transfer.
3. Under Transfer Funds From, select the bank account.
4. Select the bank account that paid the expenses under Transfer Funds To.
5. Enter the amount.
6. Click Save and close.

However, if you consider these inter-bank transactions as loans, we'll need to create a new other current liabilities account first.

Here's how

1. Click New.
2. For the Account Type, select Other Current Liabilities.
3. Select Loan Payable for the Detail Type.
4. Type-in the name of the account.
5. Click Save.

You can check these articles for more details:

• Record a Bank Transfer
• Record a Loan and its Payment

Most importantly, I recommend seeking help from your accountant. This way, you'll get more information and suggestions suitable to the actual scenarios that had happened to your bank accounts.

You can leave a comment below for your questions in the future. We're here to assist you further.