I'm doing a transfer between 2 bank accounts. I'd like to categorize the transfer in the receiving account as a certain type of income. Is there a way to do this?

Thanks for getting in touch with the Community, stewartsbaker.

When recording bank transfers, you select an account (category) from your Transfer Funds To drop-down list. The transaction won't be able to be categorized any further. You can choose the appropriate income account from your Transfer Funds To drop-down list.

I can certainly understand how an ability to categorize bank transfers further could be useful and have submitted a suggestion about it as of today.

You can also submit your own feature requests while signed in.

Here's how:

1. Use the Gear icon, then go to Feedback.
2. Enter your suggestion(s) in the Have feedback? window.
3. If necessary, attach a file with your Camera icon.
4. Select Next.
   
   

Your feedback's definitely valuable to Intuit. It will be reviewed by our Product Development team and considered in future updates. You can stay up-to-date with the latest news about your product by reviewing Intuit's Product Updates webpage.

I've also included a detailed resource about working with bank transfers which may come in handy moving forward: Transfer funds between accounts

Please feel welcome to send a reply if there's any additional questions. Have a lovely day!

@ZackE   RE: I can certainly understand how an ability to categorize bank transfers further could be useful and have submitted a suggestion about it as of today.

I've thought about it for awhile and I don't understand how that would be useful at all.  Or how it could possibly work from an accounting point of view.

A transfer is just the shifting of funds from one bank account to another. There is no other categorization to be done other than debiting one account and crediting the other.

So, can you explain how it would be useful? Even a teeny bit useful?

The sending bank account has transactions that apply to certain categories in the receiving account.  For instance the sending account is rental revenue less owner charges.  The receiving account needs to be able to apply the owner charges to the owner a/r account.

RE: The sending bank account has transactions that apply to certain categories in the receiving account.

I quite don't know what that means, but those are different transactions. The transfer is just the movement of cash between bank accounts. How you spend the cash is different.