# Internal money transfers **URL:** \ **Category:** Uncategorized\ **Created:** [November 1, 2021, 9:34am UTC](https://forum.manager.io/t/internal-money-transfers/37732 "2021-11-01T09:34:29Z")\ **Posts on this page:** 8\ **Page:** 1
**Author:** ![cavlovic](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.manager.io/cavlovic/32/28019_2.png) [@cavlovic](https://forum.manager.io/u/cavlovic)\ **Post date:** [November 1, 2021, 9:34am UTC](https://forum.manager.io/t/internal-money-transfers/37732/1 "2021-11-01T09:34:29Z")
Hello, There is Inter account transfer feature in Manager. We use it daily because of multiple accounts within companies. There a limitation currently with this feature and I will explain. We import transactions (qif) from e-banking app. Transactions between accounts always show up as +x amount on one bank account and -x on the other, when transferring between accounts. Once imported, we have to delete these transactions, and then enter Inter account transfer entry manually because there is no way to set these transactions as such once imported. ---
**Author:** ![sharpdrivetek](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.manager.io/sharpdrivetek/32/34244_2.png) [@sharpdrivetek](https://forum.manager.io/u/sharpdrivetek)\ **Post date:** [November 1, 2021, 9:50am UTC](https://forum.manager.io/t/internal-money-transfers/37732/2 "2021-11-01T09:50:40Z")
please read the guide [Post inter account transfers from imported bank statements | Manager](https://www.manager.io/guides/17304) ---
**Author:** ![cavlovic](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.manager.io/cavlovic/32/28019_2.png) [@cavlovic](https://forum.manager.io/u/cavlovic)\ **Post date:** [November 1, 2021, 9:58am UTC](https://forum.manager.io/t/internal-money-transfers/37732/3 "2021-11-01T09:58:21Z")
I just did, but there are two problems with this method: 1. All of those transactions will be calculated towards company turnover 2. You can’t mix currencies. We often transfer from USD to EUR accounts, and vice versa. While doing so, Manager is “smart” to also calculate exchange rate for the day and use it for other transactions. ---
**Author:** ![Ealfardan](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.manager.io/ealfardan/32/63166_2.png) [@Ealfardan](https://forum.manager.io/u/Ealfardan)\ **Post date:** [November 1, 2021, 3:05pm UTC](https://forum.manager.io/t/internal-money-transfers/37732/4 "2021-11-01T15:05:36Z")
@cavlovic I am a little bit confused by your previous post. You need to provide more information so other users could follow. > [@cavlovic](#): > > All of those transactions will be calculated towards company turnover That’s not how it’s supposed to work. You should provide some screenshots to illustrate your problem. > [@cavlovic](#): > > You can’t mix currencies. We often transfer from USD to EUR accounts, and vice versa. Why can’t you? There’s going to be two transactions, each transaction will have 1 bank account and that’s going to set the currency of the transaction. > [@cavlovic](#): > > While doing so, Manager is “smart” to also calculate exchange rate for the day and use it for other transactions. Manager doesn’t do that for a valid reason. Actual rates can differ substantially throughout the day, depending on exchange direction or depending on the amount exchanged. It makes no sense for manager to apply arbitrary rates based on previously entered transactions. Also the actual rates cannot be used for other types of transactions for tax purposes. That’s why you need to enter your standard exchange rates in the `Settings`. I guess you meant that the clearing account method leaves the exchange differences in the clearing account, is that right? ---
**Author:** ![Ealfardan](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.manager.io/ealfardan/32/63166_2.png) [@Ealfardan](https://forum.manager.io/u/Ealfardan)\ **Post date:** [November 1, 2021, 3:15pm UTC](https://forum.manager.io/t/internal-money-transfers/37732/5 "2021-11-01T15:15:47Z")
Also, there’s already an idea for converting two transactions into a transfer. [https://forum.manager.io/t/ability-to-convert-two-transactions-to-a-inter-account-transfer/31886?u=ealfardan](https://forum.manager.io/t/ability-to-convert-two-transactions-to-a-inter-account-transfer/31886) I guess that should solve the exchange differences problems. If so, you can vote for it. ---
**Author:** ![VACUUMDOG](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.manager.io/vacuumdog/32/7101_2.png) [@VACUUMDOG](https://forum.manager.io/u/VACUUMDOG)\ **Post date:** [November 1, 2021, 11:00pm UTC](https://forum.manager.io/t/internal-money-transfers/37732/6 "2021-11-01T23:00:00Z")
> [@Ealfardan](#): > > If so, you can vote for it. For some reason voting was removed a while ago ❓ ❓ ---
**Author:** ![Ealfardan](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.manager.io/ealfardan/32/63166_2.png) [@Ealfardan](https://forum.manager.io/u/Ealfardan)\ **Post date:** [November 1, 2021, 11:14pm UTC](https://forum.manager.io/t/internal-money-transfers/37732/7 "2021-11-01T23:14:22Z")
I guess I wasn’t paying attention then. ---
**Author:** ![Ealfardan](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.manager.io/ealfardan/32/63166_2.png) [@Ealfardan](https://forum.manager.io/u/Ealfardan)\ **Post date:** [January 18, 2023, 2:44pm UTC](https://forum.manager.io/t/internal-money-transfers/37732/8 "2023-01-18T14:44:55Z")