How To Do Bulk Envelope Transfers

Update

EEBA is now Goodbudget! Goodbudget has all the great features of EEBA (and more!) in a new and updated interface. Check out our updated article on this topic, and check out the Goodbudget Help Center for the most recent help content.

Sometimes you might want to do a number of different envelope transfers all at once–to close out a month, for example. Here’s a quick tip on how to do that in a single transaction.

Rather than using individual envelope transfers to move money between your envelopes, use a single “Add Money or Receive Income” type transaction.

  1. Fill in the date of your adjustment transaction
  2. Pick an Account if you’re on the Plus or Premium plan (doesn’t matter which, since we’re going to make the total come out to be zero)
  3. Put in something for the “Who” field, e.g., “Bulk Envelope Transfers”
  4. Choose the “Specify…” option.
  5. Then, choose the “Add a Specific Amount” action for each envelope you want to adjust. Use positive numbers to transfer money into an envelope, negative to transfer money out.
  6. Make sure the “Total Income/Adjustment” at the bottom is 0.
  7. When you’ve got the right amounts in each envelope, save the transaction.

That’s it! This method saves you from having to do individual envelope transfers in and out.

Subscribe to the Newsletter

Get the latest in budgeting content — straight into your inbox.

Thank you!

See you in your inbox.

Search for

Links

Say hello to Goodbudget

  1. A strong philosophy. Transform your financial life with the Goodbudget Way.
  2. A time-tested system. Goodbudget is based on the envelope budgeting method.
  3. Great budget software. Available for the Web, Android, and iPhone. Get started with Goodbudget. Sign up now!

Get Help

Archives

.

Subscribe

  • RSS Feed
  • Facebook
  • Twitter
  • Subscribe via Email