Account Transfers in CostLog
Allow me to mark certain expenses as 'income' in a related account.
* My use case has a number of different accounts (chequing, savings, business, etc.) and I am frequently transferring money between accounts and trying to make sure I don't overdraw anything. I'd like the ability to mark a certain transaction as a 'transfer' which I would enter once and it would automatically set up an expense on one side and income on the other side, linked so any updates would by synchronized.
Example -- transfer $5k from corporate chequing to personal chequing each month on the 15th -- I only need to set this up once, vs. today I need to set up a monthly $5k expense on the corporate chequing and a monthly $5k income on the personal chequing, and any time I modify one of them I manually have to update the other to stay in sync.
Josh Moore commented
This would be great for people that use credit cards to pay monthly bills to be able to manage cash flow of the credit card and bank account, and transfer funds between them like a credit card payment sort of thing