Feeding the Cash in Wallet Account from the ATM Account

[David Harrison]

On Tue, 19 Oct 2004 13:30:07 -0400, BruceG <griffisb at bellsouth.net> wrote:
> Hey all,
> 
>         I have been recording my ATM Withdrawals as a transfer from my Checking
> Account to an expense account called ATM Withdrawals. I want to start using
> the Cash in Wallet account.
> 
>         Would I do the following:
>         Transfer from Checking account (asset) to ATM Withdrawals (expense)
>         Transfer from ATM Withdrawals (expense) to Cash in Wallet (asset)
> 
>         I then no longer track the expense as an ATM Withdrawal, but track it under
> Cash in Wallet, correct?

Yes, but why not skip the "middleman" and transfer straight from
Chequing to Cash in Wallet?

Dave