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How to account overdraft money in checking account transaction?

SriSri Member Posts: 12

When money short in the checking account my bank pull money from saving account or credit card account and deposit. Which category do I need to account in checking account?

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edited April 20, 2020 in Accounting Technical Support

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    NicoletteBNicoletteB Member Posts: 122 ✭✭

    @Sri Interesting situation; I think myself (and any other Wave Pros) are a bit unsure of what type of money movements you are describing. Can you provide some screenshots or more details of how this money movement is playing out so far? That will give us a better idea of what would be the correct workflow.

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    SriSri Member Posts: 12

    This how shows on my transactions. These came from credit card and saving accounts to checking accounts.

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    EmmaPEmmaP Member Posts: 639 ✭✭✭

    Hi @Sri! Thanks for providing that screenshot! It looks like in this case the funds were 'transferred' from your credit card to your checking account? If so, I would follow this Wave guide to categorize the payment as a 'transfer' between two of your accounts.

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