When you transfer funds between linked accounts...how does YNAB handle it?

Okay, let's say you have two accounts that are added via linking.

What happens when you transfer money from one to the other?  Does YNAB see two transactions for the same amount that offset each other?  To clear them out, would I simply assign them to the same dummy category so it remains at zero?

I also know that there's the option of consolidating the funds and then earmarking the portion that is in the 2nd account as a budget category while keeping the funds all in the same account...this is a possibility, but if the value of the account is significant, then having it in a higher yield account makes sense too.

3replies Oldest first
  • Oldest first
  • Newest first
  • Active threads
  • Popular
Like Follow
  • 2 mths agoLast active
  • 3Replies
  • 52Views
  • 4 Following