Transferring by Writing a Check

When you are writing an actual check in order to make a transfer between accounts (example: mailing a check to the Revolving Fund, since they don’t accept electronic transfers) you can write the check in Jewel in such a way as it creates a transfer, not a payment, since you are moving that money, not spending it. Once that is done, you do not need to use “Transfer Funds.” This check, written correctly, is all you need.

The check will be written as usual, except for the Account line. There you will record the destination bank account, rather than entering a local fund.

This is so unusual, that Jewel will inform you that you are creating a transfer and ask if you are sure that is what you want to do. And you can click on “Yes.”

Reconciling the transfer: Since you are entering this transfer as a check, both halves of the transfer will show up in the "Checks" section of their respective bank reconciliations. The check half will look exactly as you expect, like a normal check. But the deposit half of the transaction will show up as a negative amount in the check section.