Reconciling transfers

[kate]

Hi all,

Is there a tool that allows us to reconcile transfer transactions only, ensuring they all add up to zero?

Kate

[pete]

Hi @kate I am new to Tiller but I found this post helpful in working to setup and track transfers.

https://community.tillerhq.com/t/double-entry-accounting/2045/5

I think there are some other posts too that may prove helpful by searing the Tiller Community posts by the keyword “transfer.”

If you find a nifty solution, please share it!

[kate]

Thanks @pete! I had already seen that post, though coming back to it the second time it gave me some new ideas.

What would be cool is a Match field that looks for Transfer transactions of the same amount & category and makes an automatic match. That with conditional formatting would be a complete solution!

It sounds cool. Worth trying to play with.

[jjt5858]

Not AUTOMATIC entirely, but this is automatic once you install this and tag it correctly like this:

Linked Transfers

What is the goal of your workflow? What problem does it solve, or how does it help you? I’ve always wanted to be able to ‘link’ two transactions. Most notably, I like the idea for Transfers. I categorize all of my Transfers into “Transfer Out” (money leaves one account) and “Transfer In” (money arrives in another account). I used to use the tag “Match” next to each of the two when I found them both, which is useful when first reconciling, but after that, there is no way to see both transactions…

[randy]

I agree with @jjt5858 that @jpfieber’s new Linked Transfers is worth a look.