Transfers Analysis #

Overview #

The Transfers feature automatically detects and matches transactions that represent money movements between different accounts. This is essential for understanding the complete financial picture and avoiding double-counting in financial analysis.

What It Does #

• Automatic Detection: Uses algorithms to identify potential transfer transactions between accounts
• Transaction Matching: Pairs corresponding debit and credit transactions that represent the same money movement
• Manual Creation: Allows you to manually create transfer matches when automatic detection misses them
• Status Management: Track approval status of detected transfers

How Transfer Detection Works #

The system analyzes transactions looking for:

• Similar amounts on different accounts within a time window
• Opposite transaction types (one debit, one credit)
• Matching or similar descriptions
• Reasonable timing between transactions

How to Use #

1. Navigate to Transfers: Go to Analyze → Transfers tab
2. Automatic Detection:
   • Click "Detect Transfers" to run automatic matching
   • The system will analyze all transactions and identify potential matches
3. Review Matches:
   • View the results table showing paired transactions
   • Check account names, dates, descriptions, and amounts
   • Review the match status (pending, approved, rejected)
4. Approve or Reject:
   • Click "Approve" for valid transfers
   • Click "Reject" for false positives

Manual Transfer Creation #

1. Open Creator: Click "Create Transfer" to expand the manual creation interface
2. Select Transactions:
   • Use the left table to select the source transaction
   • Use the right table to select the destination transaction
   • Apply filters to find specific transactions
3. Create Match: Click "Create Match" to link the selected transactions

Understanding the Results Table #

Transaction 1 (Source) #

• Account1: Source account name
• Date1: Transaction date
• Description1: Transaction description
• Amount1: Transaction amount (typically negative for outgoing)

Transaction 2 (Destination) #

• Account2: Destination account name
• Date2: Transaction date
• Description2: Transaction description
• Amount2: Transaction amount (typically positive for incoming)

Status Information #

• Status: Current approval status (pending, approved, rejected)
• Actions: Available actions (approve, reject, delete)

Common Use Cases #

• Financial Analysis: Eliminate double-counting in cash flow analysis
• Fraud Investigation: Track money movements between accounts
• Asset Tracing: Follow funds as they move through different accounts
• Reconciliation: Ensure all transfers are properly matched

Best Practices #

• Review All Matches: Don't auto-approve; manually verify each suggested match
• Check Timing: Ensure transfer dates make logical sense
• Verify Amounts: Amounts should match exactly or have explainable differences (fees)
• Document Decisions: Keep notes on why matches were approved or rejected
• Regular Updates: Re-run detection after adding new transaction data

Export Options #

Export the transfers table to CSV for external analysis or reporting.

Troubleshooting #

Missing Transfers #

• Check if transactions are in different date ranges
• Verify account names are correctly identified
• Use manual creation for complex cases

False Positives #

• Review transaction descriptions carefully
• Check for legitimate duplicate transactions
• Consider timing differences between accounts