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Zooming in by holding down control up on the scroll wheel currently at 125% on the zoom and no team that in the cog drop down we could switch between the accountant view and the business view. Currently we're in the accountant view. We'll try to toggle back and forth so we can see where things are located in the two views. Duplicating some tabs up top as we do every time to put our reports in. Right click, duplicate tab, right click again on the duplicated tab to duplicate it again back to the tab to the middle while the tab to the right is thinking reports on the left and then we want the balance sheet, the big balance sheet. Go to the right tab this time reports on the left and this time we want the P to the L the profit to the loss. As the income statement, I'm going to close the hamburger, the hamburger, scrolling up and range change. We want arranging there a change in 010122 to 123122. That's not a 31, 3122. That's January through December 2022. Run it if you want it fresh. If you want fresh reports, you've got to run and then we'll go to the tab to the left and close the hamburger scrolling up, ranges changing 010122 to tab 123122 tab and run it for fresh reports. Run it for fresh reports like reports like my salads fresh. So now we're going to go back to the first tab and that's what we do every time. So notice if I hit the plus button here, we've been focusing in on each of these cycles, the customer cycle, the vendor cycle, the employee cycle. Now we're over here in the others area and we're looking at this transfer form particularly at this time. So a transfer is typically going to be used when we're going from one checking type of account typically to another or a bank account to a bank account. Now you could use if you're going to be taking money out of a checking account you might just say, well it's just a check form, right? It's just going to be transferring from one to the other. Why don't I just use an expense form to go out of the checking account that it's going out of and then I use that expense form will go to the other side which is the checking account. That's fine. You could do that but it's a little bit weird when you look at the checking account that the deposit is going to go into because it's going to have a expense form with an increase to the checking account that way which is a little funny or you can imagine the other side. Why don't you say well if I'm going to have a deposit into my checking account why don't I just record it with a deposit form and then the other side could go to the other account. You could do that but then you're going to have a deposit form that's actually a decrease to one of the checking accounts which is a little funny. I mean it's not like a big problem but in order to change that you can have a transfer form. So let me show you what I mean. So let's say that we're going to go from our checking account and we're going to have money going out from one checking account into another account. We've got our checking account and our savings account and you say well look it's going out of my checking account and I'm going to put it into the savings account so I'm just going to record it as an expense form. That's the form that decreases the checking account and as you do bank feeds it also might run into the same kind of situation because the bank feeds are going to be related to the financial accounts, the checking accounts and the credit card accounts where you have this kind of transfer issue so you might be recording some things as an expense and matching them. So just note that you can record the same transaction a couple different ways. The journal entry is the same but the form within the transaction detail will be a bit different. So you're just going to say a payee, I'm just going to say owner or something like that or let's call it a transfer tab. I'll just set it up. We might not even need that but I'll put that there. Checking account, it's going to come out of the checking account. We'll keep the date and then on the other side I'm just going to say it's going to go into the category of the savings account. Savings right there which is a bank account. So instead of hitting an expense account I'm just going to say it's going into bank account and the amount let's say is $1,000. Boom! So we're transferring that's $10,000. Let's do $1,000. That's too much. I'm not sure I have that much money in my account. So it's going to go from the checking account into the savings account and not a problem. It'll record the transaction so I'll save and close it and let's check it out. Going up to my financials, let's make it run it to refresh it. You've got to run if you want to feel fresh but then you've got to take a shower after you run or else you're still not fresh. But if you then go down and we scroll down we're going to say then we've got the expense form and we've recorded the transfer here but that's in the name that's not the form type so it's as an expense form but the other side is going to the savings account. It doesn't look too unusual here because it's a decrease to the checking account. Not really a problem but if I go to the other side it looks a little wonky, a little funny, something that's kind of strange. So if I go into the check to the savings account then and I say okay on this side I've got this expense form which is an increase to the account. See it's an expense type form and a checking account. This is the transfer as a name but it's an expense form so that's weird so it looks a little funny on this side. The other way you could do it is you could say well what if I was making money let's go from the savings account into the checking account and you could say well what would I do then? I could make an expense form out of the savings account or I could make a deposit form in the checking account. We tend to think from the side of our checking account so we would probably say okay I'll just make a deposit form on the checking account side. So you'd go okay let's go up top and say this time I'll just say make me a deposit and this might go through the bank feeds. You have a similar issue with the bank feeds. I'll just say it's checking account going in there and I'm not going to check anything out off top. I'm just going to say it's going to go from the other side. The account is the savings account. Savings account right there the bank account and let's just make this one for 500 and so there it is. So now it's going to record a journal entry which will be fine. It's just kind of like the form that's used will look a little bit different on one side of the transaction. So I'll say save it and close it and then I can say okay so now if I go back to my balance sheet and run it to refresh it now if I go into my checking account I scroll down and again we typically think in terms of the checking account so if I look at the checking account it looks right it's a deposit that's increasing my checking account. It's perfect but on the other side it looks a little funny because if I go to the other side and I go to my savings side of things now I've got a deposit into a checking account a savings account a bank account that's decreasing my account it looks funny you know from an increase or decrease to a checking account on this side. So the journal entry is fine not a big deal but if you use the transfer form then it wouldn't look funny on one side of the transaction as much right so you can say okay let's do a transfer form and let's say I go up top and say instead of using that one I'm going to transfer and then it's going to go from the let's say the checking account so now it's going to go going to decrease the checking account to the savings account and let's do this one just for like $200. So there we have that one and now it'll do the same transaction but this time have a transfer in the description area for the transaction detail save it and close it and then back to the tab to the right let's freshen it up people freshen it up by running and then we're going to go into the checking account scroll down and so now we have this transfer form so that will give us an indication that it's a transfer now it's still these forms are great over here because they give you an idea of what's actually happening and often times we want to sort the transactions by form and the checking account because remember the checking account has many different types of forms all other accounts have very limited transaction types the kind of forms that record transactions to them much more limited so often times in the checking account we want to sort by these kind of forms so you kind of got to be aware that if you're using a transfer form it could be a deposit an increase or a decrease but like if you had an expense in here for example an expense form that was increasing your account it would be hard to sort by the expense form because if you sort by the expense form then you're going to like and there's an increase that it won't show up right I mean because the expenses usually decrease so in other words when I go up top and I say I want to I want to filter my reports for example let's customize it and let's say we're going to go down to the filters and let's say we're going to look at the transaction types which is quite common and if I just want to look at the increases in the account then I'm going to go to my deposits of course deposits and then I might have to catch my transfers now the transfers could be going up or down so it's a little bit tricky there but but it's better than possibly having an expense that would actually be increasing because I can't choose my expenses if I'm looking for the increases because the expenses are the forms that decrease typically so if I sort in that way then so now I've got my transfer now the transfer happens to be decreasing here but I have to be aware that a transfer could be an increase in the form when I'm sorting now if I go to the other side if I go back this way and I go to the savings account now you've got the transfer on this side as well and so it doesn't look it doesn't look funny that it's a transfer on one side of the transactions and again if I was to sort this let's say I was trying to sort this by increases or yeah by increases notice that I've got this expense here that's an increase but it's recorded with an expense form so if I'm trying to if this was a long list of transactions and I was trying to say okay I'm going to sort this by all the types of forms that increase filter and hit the drop down by type by type and I want to say this is going to be a deposit and the transfer forms I'm going to lose that expense form if I run that then I'm not going to see the expense form which is a deposit because the expense forms don't normally deposit and if I pick up the deposit form then I might have I mean at the expense form in my sorting that I'm going to have all the decreases and notice while I picked up all the deposits which I'm looking for the increases I've got these deposits that are actually decreases so that's what kind of the problem is with I think the transfers help out a little bit for the detail the transactions are the same whether the journal entry is the same whether you use an expense form whether you use a deposit form depending on which side which account you're going to and whether you use a transfer form in terms of debits and credits but this detail of the transaction can be useful and you want to be kind of mindful of it because if you filter the data then you often want to filter by increases and decreases and you want to know which kind of forms increase and decrease clearly checking accounts deposits usually increases expenses and checks typically decrease if you have deposits decreasing and expenses increasing that's going to make it difficult to filter the transfer isn't perfect because the transfer could be an increase or decrease but it's a way that that could help you out in your sorting so again may not be the biggest detail you got to kind of deal with that in your in your transfers for the bank feeds as well it might not be a big concern that you have that added level of sortability if you're not using the transfer and instead using deposits and whatnot and we'll talk more about it in the banking area when we get to the talk about the bank feeds but clearly within the bank feeds you're going to be entering transactions that are going to be matching out between the accounts that usually have bank feeds tied to them which include you know the checking accounts and the credit card accounts so let's take a quick look by hit the drop down up top and I switch to the business view we basically haven't gone anywhere that's unusual under either view so we've been under the home page which is the get things done page and then if you we just been working in the plus button up top we got the same plus button and we've been working on the transfer form we also opened up our reports over here of course in the the business and then the reports on the left hand side