Transfer $ to Investment Acc't

Recently opened new treasury direct acc't, transferred $ from savings to this acc't. When I open "Cash Flow Center" in 2005p r3 this shows as an expense. I customized to Exclude Internal but this did not change anything. Any ideas on why $ moved from 1 asset to another equals an expense?

Reply to
PSJ
Loading thread data ...

It's not an expense, but it is a cash flow. The cash flow center is telling you where your cash went, which could be the purchase of an asset or an expense.

Reply to
Fred Smith

That makes sense; I was thrown off base by the terminology as qkn calls it an expense. Makes the graph of income vs expense VERY lopsided.

Reply to
PSJ

You got that right. In my case, I've customized the graph to show only income and expenses. To me, this provides better information.

Reply to
Fred Smith

BeanSmart website is not affiliated with any of the manufacturers or service providers discussed here. All logos and trade names are the property of their respective owners.