Setting up Transfer Events

Transfer events represent the movement of money from one forecast calendar to another. This means you are able to set up a savings or debt repayment plan, with a regular amount of money going from one forecast calendar into another. This means you can see your nest-egg grow, or your debt reduce over time.

This section will cover off what a transfer event means, and how you can go about setting them up. Be sure you have multiple calendars (check out Using multiple calendars) so that you are able to follow this example through.

Note that when you have a Savings or Debt repayment plan, the money is being taken from your current account / default calendar (i.e. an Expense) and being added to your Savings or Debt calendar

1.	Click the ‘Create’ button within the day that you want to start your debt repayment / savings plan from
2.	Enter the title, and amount that you would like to save (see Introduction to the event window for more details)
3.	If the ‘Calendar’ drop-down is set to the default / ‘Current account’ calendar that you would like to transfer the money from, select ‘Expense’ as the event type
4.	Select a repeat type – for example you may want to schedule this event to occur when you have an income come into your default calendar
5.	Select the account you are transferring to (e.g. ‘Savings’) from the ‘Transfer to’ dropdown
6.	Click ‘Create’ to save the event and re-generate your balances

This will now place an Expense event in the default calendar, and an income in your Savings or Debt calendar.